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Compare today's EUR to PAB (Euro to Panamanian Balboa) exchange rates

Portugal
Panama
EUR

Interbank Exchange Rate: 1 EUR = 1.1794 PAB
Updated about an hour ago

Found 1 Remittance Service Providers

(*)(*)(*)(*)(*)
1000 EUR =
1 147.00 PAB
Transfer Limit (EUR): 1 - 10000
Locked-In Rate1 EUR = 1.1470 PAB

If you are making international business money transfers or payments, RemitFinder can assist by matching you with the best options to suit your unique business needs. Get in touch now to see how we can help protect your business revenue by getting you higher exchange rates and lower transfer fees on international business FX.





All you need to know about Euro to Panamanian Balboa money transfers

Easily compare money transfer providers in one place to send money from Portugal to Panama. Send money overseas to your loved ones by comparing Euro (EUR) to Panamanian Balboa (PAB) remittance exchange rates. Read remittance service provider reviews and check out deals, promotions and discounts. Transfer online or send cash based on services offered by these providers.

RemitFinder compared 1 money transfer operators to get you the best FX rates to send money from Portugal to Panama.

The best rate to send Panamanian Balboa from Euro to your loved ones in Panama is currently offered by Ria Money Transfer; their 1 EUR to PAB exchange rate today is 1.1470.

Looking for a different option? You can browse all sending countries on our send money from hub, or view all destinations available when sending money from Portugal.

Were you looking to send money from Panama to Portugal instead?

If you need to send international business money transfers and payments, get in touch with us to see how we can help protect your revenue.

Did not find the providers you were looking for? Please reach out to us at info@remitfinder.com, and we will do our best to add them to our platform.


Latest EUR to PAB Conversion Rates

Here are some latest EUR to PAB (Euro to Panamanian Balboa) exchange rates for popular conversion amounts*.

1 EUR1.18 PAB
5 EUR5.90 PAB
10 EUR11.79 PAB
25 EUR29.49 PAB
50 EUR58.97 PAB
100 EUR117.94 PAB
150 EUR176.91 PAB
200 EUR235.88 PAB
250 EUR294.85 PAB
300 EUR353.82 PAB
400 EUR471.76 PAB
500 EUR589.70 PAB
600 EUR707.64 PAB
700 EUR825.58 PAB
800 EUR943.52 PAB
1,000 EUR1,179.40 PAB
1,500 EUR1,769.10 PAB
2,000 EUR2,358.80 PAB
2,500 EUR2,948.50 PAB
3,000 EUR3,538.20 PAB
4,000 EUR4,717.60 PAB
5,000 EUR5,897.00 PAB
10,000 EUR11,794.00 PAB
15,000 EUR17,691.00 PAB
20,000 EUR23,588.00 PAB
30,000 EUR35,382.00 PAB
40,000 EUR47,176.00 PAB
50,000 EUR58,970.00 PAB
100,000 EUR117,940.00 PAB

*Based on the Interbank Exchange Rate. Actual payout may vary based on the chosen money transfer provider.


What's the best way to send money to Panama from Portugal?

There are many good choices when it comes to sending money from Portugal to Panama. The RemitFinder remittance comparison engine compares many different remittance service providers to give you several options. You can easily compare these providers to get the best remit rates on your Euro to PAB money transfers.

We compare different remittance companies to bring you the best options to send money to Panama from Portugal. All these companies are vetted by our team that has expertise in evaluating foreign exchange providers. Our trusted partners work hard to bring our customers the best rates so you benefit the most.

Additionally, we bring you access to exclusive deals and promotions from our partners. These offers will help you maximize the yield on your Euro to Panamanian Balboa money transfers. You can take advantage of these deals and make the most of your hard earned money.


How to get the best rate to transfer money to Panama from Portugal?

One of the key factors in getting the best rate for your next money transfer is awareness of what your choices are. With so many remittance service providers out there, you would want to choose the one that suits your needs best for sending money to Panama.

The RemitFinder comparison platform compares several forex service providers so you can get the maximum return on your Portugal to Panama transfer. Simply search for your countries and inspect various options in one place. This will allow you to decide which company is the most appropriate one for you.

You may also want to sign up for our free exchange rate alert for your EUR to Panamanian Balboa money transfers. This way, you can get notified of the best rates on a daily basis, and send money when rates are higher.


What's the cheapest way to send money from Portugal to Panama?

While there are numerous ways to send money overseas, many come with steep fees and hidden charges that will make a big dent in your hard earned money. For example, if you send money from Portugal to Panama via a bank, you will typically get charged high wire transfer fees. Often, both the sender and the recipient have to pay high fees for bank wire transfers.

A sure way to find the most cost effective way for Euro to Panamanian Balboa remittances is to compare various foreign exchange operators out there. But, doing this manually is hard and time consuming. You may miss out on great rates from other providers that you may not even be aware of. This is especially relevant given the explosion of Fintech startups operating in the international money transfer arena.

Use RemitFinder to compare numerous remittance service providers in a single screen to easily see which companies are good at what and meet your selection criteria for getting the best Portugal to Panama exchange rate.

Another sure shot way to reduce your cost and maximize the return on your money is to take advantage of deals and discounts our partners provide to RemitFinder users like you. We are constantly adding new providers, so make sure to regularly check in to see which money transfer options are the cheapest for EUR to PAB remittances.


Should I use my bank to send money from Portugal to Panama?

There are two distinct ways that banks make money on international funds transfers. First, by charging steep transaction fees, and second, by providing a low EUR to PAB exchange rate. Sometimes, the actual transaction fee may not be that high, but the rate may be much lower, which essentially means a hidden fee as the cost of the transfer for you still goes up.

Since your obvious goal is to make the most of your hard earned money, you would want to ensure that the receiver of your money gets the maximum amount. One simple way to achieve this is by minimizing the fees on Portugal to Panama money you send. And, generally, you will not get low fees with banks. Hence, we recommend relying on our real time online money transfer comparison tool to ensure you can compare many options.

Most of the remittance companies today offer bank to bank transfers for sending money to Panama from Portugal. They do this by letting you fund your transaction through your local bank account in Portugal, and by allowing you to choose the payout to be your recipient's bank account in Panama. But, you are likely to get much better rates and lower fees compared to your bank.


What is the fastest way to do a money transfer to Panama from Portugal?

It could be a stressful experience if you need to rush money quickly from Portugal to Panama. How do you decide which option to pick to ensure your funds arrive at the destination in the fastest possible way?

First, you should ensure that you are picking the right payment method to convert EUR to PAB. Most remittance companies will allow you to pay by cash, with credit or debit cards, via a direct bank transfer, through a wire transfer, and so on. Digital payment methods like wire transfers and bank transfers will certainly delay your transaction as compared to cash payments.

Similarly, on the receiving side, your recipient also has multiple options to collect their monies in Panamanian Balboa. The payout choices generally include cash pickup, direct bank transfer, loading up a mobile wallet, and mobile airtime top up. If transaction speed is important, you could choose cash pickup if the receiver can access a close by pickup location. Just be aware that the exchange rate on cash transactions may not be the best, and there is risk in handling cash, especially for larger amounts. Otherwise, a mobile airtime top up or a bank deposit may be the next fastest possible ways unless there are bank holidays going on.

Foreign exchange transaction speed also depends on some additional factors like transfer amount, compliance and regulatory processes and vary from provider to provider. Check out our remittance guide to answer any questions you may have on how remittances work in general, and what factors affect the speed of your Portugal to Panama money transfers.


Which are the best money transfer companies to transfer money from Portugal to Panama?

The first step in selecting the best money transfer operators for Portugal to Panama remittances is to have a list of potential companies that you could use. You can rely on RemitFinder for giving you several good options to start with. Simply give us your sending and receiving countries, and we will present numerous providers for you to easily compare.

The next part in deciding which provider to go with would depend on what you are looking for. There are many parameters on which these companies can be compared against each other, and it all depends on your preferences. For example, are you looking for low or 0 fees, the highest rate, quick transfer speed, etc.

Another factor that may help you decide which provider to go with would be any coupons and deals available for Euro to Panamanian Balboa money transfers. Availing promotions is a sure shot way to help reduce your cost, and should be part of the criteria to decide which are your top candidates for sending money to Panama.


Step by step guide to send money from Portugal to Panama

The first step to send money to Panama from Portugal is to identify a money transfer provider that best suits your needs. You can rely on RemitFinder's online comparison tool to do so.

Once you have a provider chosen, follow these steps to execute your EUR to PAB overseas funds transfer.

  • Click through to the provider's site and register an account.
  • Provide documentation for ID proof, and related information that the provider may need as part of compliance and regulatory checks they need to do.
  • Add recipient information including their bank account in Panama if paying via ACH direct deposit or bank transfer.
  • Enter your sending amount, and initiate a transaction.
  • Pay for your transaction via your Portugal bank account or alternative methods like a debit card.
  • Sit back and relax, and see your money travel to Panama!

After the transaction has been kicked off, the provider would notify you of progress. Many remittance companies also have mobile apps; you can use that to track the real time status of your transfer from Portugal to Panama.