Compare today's EUR to PAB (Euro to Panamanian Balboa) exchange rates
Interbank Exchange Rate: 1 EUR = 1.1645 PAB
Updated about an hour 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 Spain 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.
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Latest EUR to PAB Conversion Rates
Here are some latest EUR to PAB (Euro to Panamanian Balboa) exchange rates for popular conversion amounts*.
| 1 EUR | 1.16 PAB |
| 5 EUR | 5.82 PAB |
| 10 EUR | 11.65 PAB |
| 25 EUR | 29.11 PAB |
| 50 EUR | 58.23 PAB |
| 100 EUR | 116.45 PAB |
| 150 EUR | 174.68 PAB |
| 200 EUR | 232.90 PAB |
| 250 EUR | 291.13 PAB |
| 300 EUR | 349.35 PAB |
| 400 EUR | 465.80 PAB |
| 500 EUR | 582.25 PAB |
| 600 EUR | 698.70 PAB |
| 700 EUR | 815.15 PAB |
| 800 EUR | 931.60 PAB |
| 1,000 EUR | 1,164.50 PAB |
| 1,500 EUR | 1,746.75 PAB |
| 2,000 EUR | 2,329.00 PAB |
| 2,500 EUR | 2,911.25 PAB |
| 3,000 EUR | 3,493.50 PAB |
| 4,000 EUR | 4,658.00 PAB |
| 5,000 EUR | 5,822.50 PAB |
| 10,000 EUR | 11,645.00 PAB |
| 15,000 EUR | 17,467.50 PAB |
| 20,000 EUR | 23,290.00 PAB |
| 30,000 EUR | 34,935.00 PAB |
| 40,000 EUR | 46,580.00 PAB |
| 50,000 EUR | 58,225.00 PAB |
| 100,000 EUR | 116,450.00 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 Spain to Panama?
Foreign exchange rates fluctuate by the second, much like equities listed on the stock market. Given that, it might seem like a daunting task to determine the best timing to transfer money from Spain to Panama. We ensure that you are getting the best rate and sending money at the right time with trusted money transfer companies when you transfer Euro to PAB.You can rely on RemitFinder to do the hard work of searching for the best companies specializing in sending money abroad for you. Our remittance comparison platform helps you spot the best options to send EUR to PAB in Panama. Every company listed on our site is an established business that our team evaluates to make sure you get access to the best exchange rates.
With RemitFinder, you can also take advantage of numerous offers and discounts that our partners provide to maximize the power of your money transfers to Panama from Spain. We provide you with maximum choices to send money to Panama by comparing competing money transfer companies thereby making you the winner in the end.
How to get the best remit rate for transferring money from Spain to Panama?
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 Spain 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 Spain to Panama?
When you want to send money to Panama from Spain, you obviously want the cheapest possible option to maximize the money your recipient gets in Panamanian Balboa. Transaction speed, security and privacy concerns notwithstanding, your biggest lever to make the most of your hard earned money is relying on the cheapest ways to do your EUR to PAB money transfers.Some of the traditional ways to send money may not be the cheapest options available. For example, a particular company may seem like a convenient way to do international funds transfers from Spain to Panama. But it is entirely possible that you may end up paying high fees as well as get sub optimal exchange rate on your foreign currency transaction.
That is why it is very useful to rely on the RemitFinder remittance comparison platform to see what are the cheapest money transfer options for getting the best Spain to Panama exchange rate. You also get access to many promotions and discounts from our partners; these offers help to reduce your cost and may be a major differentiator in helping you choose the most cost effective way to send Panamanian Balboa overseas.
How to send money from Spain to Panama through a bank?
Bank transfers have been a traditionally popular way to send money overseas from Spain 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 Spain 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.
How to send money to Panama from Spain fast?
It could be a stressful experience if you need to rush money quickly from Spain 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 Spain to Panama money transfers.
Which are the best money transfer companies to transfer money from Spain to Panama?
Spain to Panama money transfer space is highly competitive, and there are numerous remittance service providers competing for your business. Given that, how do you ensure you are choosing the best company when you send money overseas?To be able to make an informed decision, the first thing you would want to do is to be aware of your selection criteria. For example, do you need the money to reach Panama as fast as possible? Are you sending a small or large amount? Do you prefer fixed exchange rates or are comfortable with indicative rates? And so on. Honing your preferences will help you decide which remittance company to go with.
Once you have defined your parameters, selecting the best Euro to Panamanian Balboa money transfers is easy. Simply punch in your country combination on RemitFinder, and compare numerous companies quickly to be able to select the ones that match your preferences.
Step by step guide to do a money transfer from Spain to Panama
Follow the below easy steps to send money to Panama from Spain.- If you are sending money for the first time with a provider, register an account with them. You will likely get a validation email, and optionally a validation text on your mobile as well. This ensures that it is indeed you who is creating your account.
- You will also need to provide your national ID with a photo, and proof of address. Providing this information ensures the security of your account and helps in fraud prevention.
- Add your payment method - this is how you pay for your transfer. Generally, you would want to use your Spain bank account to fund your transaction.
- Add your recipient - provide details about who will receive the funds (can also be your own account in Panama).
- Specify delivery method - specify how the recipient will get the proceeds. Choosing a bank account is usually the best, if one is available.
- Add the transfer amount and start the transaction.
Whilst it's fairly straightforward to make an actual foreign exchange transaction online, the harder part may be choosing the right company for your overseas bank transfer. This is where you can rely on RemitFinder's expertise in the money transfer space to help you select the best remittance provider.