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

Slovakia
Panama
EUR

Interbank Exchange Rate: 1 EUR = 1.1837 PAB
Updated about 1 hours ago

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

Easily compare money transfer providers in one place to send money from Slovakia 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.

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 Slovakia.

Were you looking to send money from Panama to Slovakia 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 EUR5.92 PAB
10 EUR11.84 PAB
25 EUR29.59 PAB
50 EUR59.19 PAB
100 EUR118.37 PAB
150 EUR177.56 PAB
200 EUR236.74 PAB
250 EUR295.93 PAB
300 EUR355.11 PAB
400 EUR473.48 PAB
500 EUR591.85 PAB
600 EUR710.22 PAB
700 EUR828.59 PAB
800 EUR946.96 PAB
1,000 EUR1,183.70 PAB
1,500 EUR1,775.55 PAB
2,000 EUR2,367.40 PAB
2,500 EUR2,959.25 PAB
3,000 EUR3,551.10 PAB
4,000 EUR4,734.80 PAB
5,000 EUR5,918.50 PAB
10,000 EUR11,837.00 PAB
15,000 EUR17,755.50 PAB
20,000 EUR23,674.00 PAB
30,000 EUR35,511.00 PAB
40,000 EUR47,348.00 PAB
50,000 EUR59,185.00 PAB
100,000 EUR118,370.00 PAB

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


What's the best way to transfer money from Slovakia to Panama?

There are many good choices when it comes to sending money from Slovakia 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 Slovakia. 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 remit rate for transferring money from Slovakia to Panama?

When sending money overseas, there are a lot of options at your disposal these days. All of them come with various caveats that may include exchange rates, fees, transaction processing time, security and privacy, and so on. RemitFinder helps you to decide which foreign exchange operator to pick for your EUR to Panamanian Balboa money transfer.

Our real time remittance comparison engine compares numerous banks, FX providers, remittance companies, multi currency bank accounts, etc. and presents you with the best options for sending money from Slovakia to Panama. We carefully select providers to give you the best choices for sending money internationally.

Additionally, you can sign up for the free rate alert to always stay updated with the best rates and promotions for EUR to PAB remittances. With our daily free rate alert, you will never have to manually search and compare providers again.


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

The final amount your recipient gets when you send EUR to PAB is the most important number that matters. In other words, you should try to minimize the impact of fees and other hidden charges (bad exchange rate is one of them) to achieve the most cost effective cross border remittance.

Before the dawn of the modern internet era, traditional methods to send money from Slovakia to Panama used to be banks, and small, local remittance players located in retail outlets and convenience stores. Unfortunately, all these options entail high fees and often provide low exchange rates - this results in an expensive money transfer whereby a big chunk of your hard earned money does not reach your recipient.

A great way to find the cheapest options to send Panamanian Balboa is by comparing numerous foreign exchange operators and service providers on RemitFinder. By eliminating the process of manually searching and comparing various companies, you can easily compare all your options in one place, thereby saving time and money. This way, you can get the best Euro to Panama exchange rate. Further savings can be realized by utilizing many exclusive offers and promotions from our partners. These deals can help lower the cost of a money transfer even more, thereby giving you a higher return.


How to send money from Slovakia to Panama through a bank?

Bank transfers have been a traditionally popular way to send money overseas from Slovakia to Panama. But, with the explosion of so many Fintech startups specializing in remittances, it is worth asking yourself if you should still be using your bank for sending funds internationally.

In general, banks tend to charge much higher fees compared to newer remittance companies that specialize in online operations. It is also possible that the EUR to PAB exchange rate you get from your bank may not be the best. In fact, high fees and below par exchange rates are two of the most popular ways banks make money on remittances.

We, therefore, recommend that before you use your Slovakia bank for your Panama money transfers, you explore various other options to carefully review your total cost (represented by transaction fees) as well as the exchange rate you will get. Combined, these two factors will have a direct impact on how much money your recipient gets from your transaction.


What is the fastest way to transfer money from Slovakia to Panama?

How fast your money arrives at its destination is one of the key factors to consider when sending funds internationally from Slovakia to Panama. This is especially relevant if you are up against time and need to send money urgently. Every once in a while, we all get into that situation, so it's good to be aware of what to do.

To help you convert EUR to PAB fast, we recommend reading up on our "all you need to know about remittances" guide. This is a comprehensive document that will help you understand so many factors that affect the speed of your money transfers, and therefore, pick the providers that can execute your transaction fastest.

If speed were the only factor to consider, and sometimes it is for emergency needs, cash transfers may be your best bet as there are no bank to bank transactions involved which will certainly introduce a lag in your Euro amount reaching Panama. On the flip side, carrying cash is risky. Additionally, cash transactions go with a lower exchange rate; this helps providers cover the expenses needed to maintain physical office locations needed to process cash.

Hopefully, you do not find yourself in a crisis where you have to rush Panamanian Balboa quickly to Panama, but in case you do, now you know how to evaluate various funds transfer operators to choose the fastest one.


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

The definition of "best" is very personal for everyone. It may even vary from one transaction to the next depending on various factors involved. When it comes to sending money from Slovakia to Panama, we can help you in choosing the best provider.

There are several key points you would want to check for; these include, but are not limited to, the best Euro to Panamanian Balboa exchange rate, transfer amount limits, transaction fees, transfer speed, variety of payment and delivery methods available, fixed vs indicative rate, and availability of any deals and promotions.

After you see the initial list of remittance companies we present you with, use the above criteria to fine tune your choices. That way, you can see which providers are a better fit for the requirements of your PAB money transfers to Panama. Keep an open mind as it is very much possible that different providers suit different transfer scenarios better than others.

Finally, you should definitely take into account any ongoing promotions from these providers. Offers and discounts will lower your cost to make the money transfer and result in your recipient in Panama getting more money for every Euro you send.


Step by step guide to transfer money to Panama from Slovakia

With so many possible ways to transfer Euro to Panamanian Balboa, and exchange rates that are changing by the second, it can be difficult to make the best choice to save time and money. RemitFinder's online remittance comparison platform helps you find the best companies to move your funds abroad.

Once you have picked the right company for your Slovakia to Panama remittance transaction, you can follow the below step by step procedure.

  • Create an account at your chosen operator.
  • You may be asked for photo IDs and address proofs; please provide these as they help the operator ensure legal and regulatory compliance.
  • Add bank accounts for both the sender in Slovakia and the receiver in Panama. Using bank deposits can be the cheapest option to send money.
  • Decide when you want to send money and the transfer amount. When ready, choose the amount and start your transaction.
  • At this point, you are pretty much done, and the operator will take it on from here.
  • Watch out for updates from the operator on the progress of your transaction.

We also recommend that you have more than one remittance company in your portfolio so you can maximize the return on your EUR to Panamanian Balboa money transfers. This way, you can pick whoever is the best at the time you are ready to initiate your transaction.