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Compare today's SEK to PAB (Swedish Krona to Panamanian Balboa) exchange rates

Sweden
Panama
SEK
Interbank Exchange Rate: 1 SEK = 0.1059 PAB
Updated about an hour ago

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All you need to know about Swedish Krona to Panamanian Balboa money transfers

Easily compare money transfer providers in one place to send money from Sweden to Panama. Send money overseas to your loved ones by comparing Swedish Krona (SEK) 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 SEK to PAB Conversion Rates

Here are some latest SEK to PAB (Swedish Krona to Panamanian Balboa) exchange rates for popular conversion amounts*.

1 SEK0.11 PAB
5 SEK0.53 PAB
10 SEK1.06 PAB
25 SEK2.65 PAB
50 SEK5.30 PAB
100 SEK10.59 PAB
150 SEK15.89 PAB
200 SEK21.18 PAB
250 SEK26.47 PAB
300 SEK31.77 PAB
400 SEK42.36 PAB
500 SEK52.95 PAB
600 SEK63.54 PAB
700 SEK74.13 PAB
800 SEK84.72 PAB
1,000 SEK105.90 PAB
1,500 SEK158.85 PAB
2,000 SEK211.80 PAB
2,500 SEK264.75 PAB
3,000 SEK317.70 PAB
4,000 SEK423.60 PAB
5,000 SEK529.50 PAB
10,000 SEK1,059.00 PAB
15,000 SEK1,588.50 PAB
20,000 SEK2,118.00 PAB
30,000 SEK3,177.00 PAB
40,000 SEK4,236.00 PAB
50,000 SEK5,295.00 PAB
100,000 SEK10,590.00 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 Sweden?

It can be very confusing when sending money from Sweden to Panama given so many choices. Additionally, Swedish Krona to PAB exchange rates fluctuate all the time. Remitfinder gives you the option to compare money transfers companies to choose the best exchange rate among this volatility while making the best deals and promotions available to you.

Choose Sweden to Panama as your country combination and click search. We then compare many money transfer companies to bring you the best exchange rates to send money to Panama from Sweden. In one single place, you can easily compare many providers to see which one is the best option for your next transfer.

To further help you maximize the return on your money, our partners add various promotions and discounts on our site. You can take advantage of various deals we have for Swedish Krona to Panamanian Balboa remittances.


How to get the best exchange rate for sending money from Sweden 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 SEK 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 Sweden 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 SEK 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 transfer money from Sweden to Panama?

Finding the cheapest way to send money from Sweden to Panama might not be that easy given the umpteen choices available. You have to look at various parameters like exchange rates and fees to determine if the cost of one money transfer operator is less than that of another or not.

It may also be tempting to use some of the traditional funds transfer services like foreign currency exchanges or operators located in shopping malls, grocery stores and other local outlets. While you can certainly transfer SEK to PAB via these channels, they may not be the most economical way to send money internationally. Typically, brick and mortar services charge higher fees and may also provide lower rates. All this contributes to making your foreign exchange transfer more expensive.

Online money transfers tend to be more cost effective, and RemitFinder provides you quite a number of good choices to ensure you are able to get optimum Sweden to Panama exchange rate. Many of our partners also provide promotions and offers that are exclusive to our customers; availing these will definitely reduce the cost of your foreign exchange transaction further.


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

We do not recommend using your local bank in Sweden for your next SEK to PAB overseas funds transfer. The reason for this is that banks are known to give you worse exchange rates and yet charge high foreign exchange fees. That is a double whammy that will make the transaction much more expensive for you.

That said, there may be circumstances you may want to consider your bank for your international funds transfer. For example, if you need to move a very large sum of money from Sweden to Panama (for property purchase, or any such high value transaction), and do not want smaller transactions. In such cases, be sure to carefully inspect all details of the remittance transaction that your bank offers you. You can use the RemitFinder remittance search engine to compare your bank's quote with many other money transfer companies to try to negotiate a better deal with your bank.

Notwithstanding any unique circumstances as above, you will generally save more by relying on online foreign exchange companies for sending PAB to Panama. These companies will let you use your local bank account in Sweden to pay for your Panama money transfer, but will likely save you a lot of money by affording better rates and citing lower foreign exchange transaction fees.


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

It could be a stressful experience if you need to rush money quickly from Sweden 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 SEK 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 Sweden to Panama money transfers.


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

Comparing money transfer companies for sending money to Panama from Sweden can be challenging, especially given the number of options out there. But, if you are armed with the right knowledge, it will help you make a more informed decision and, therefore, make the most of your hard earned money.

There are various areas you would want to inspect when evaluating these providers to gauge the best fit for sending money overseas to Panama. How much do you want to send? Some companies deal with only small amounts, while others specialize in larger ones. Are you OK paying a fee for your Swedish Krona to Panamanian Balboa transfer or you will only go with 0 fees? How about exchange rates? Can you send money using non-fixed or indicative rates?

Once you start applying these conditions to the list of choices you see, you can start to eliminate companies that do not match any of your preferences. This will help fine tune the list to a small number. Finally, keep an eye on promotions and discounts as they will help maximize the Panamanian Balboa yield on every Swedish Krona that you send.


Step by step guide to transfer money to Panama from Sweden

There are many important aspects of Sweden to Panama remittances that will impact the yield you get. The most important one is the selection of the best money transfer company. For this, you can rely on RemitFinder's expertise in searching and comparing many global companies to present you many options in one simple, easy to understand view.

Once you have honed down on the company you want to go with, the below step by step tutorial will help you execute your transfer in an effective manner.

  • Step 1 - Create your account with the chosen remittance company. Please be aware that you will likely be asked for identification documents and personal information. This is an important step for the company to ensure that you are a genuine person and ensure you comply with various legal regulations like anti money laundering.
  • Step 2 - Provision the manner in which you will fund your remittance transaction. The forex company may accept payment in multiple ways - Sweden bank account, credit and debit cards, and sometimes even cash that you can pay with by walking into a branch or outlet.
  • Step 3 - Similar to the previous step, also provision the manner in which the receiver will access the funds. The most common delivery methods include PAB bank deposit, cash pick up in a physical provider location or agent's office, mobile wallet credit and mobile airtime popup.
  • Step 4 - Provision recipient details including name and address.
  • Step 5 - Decide how much Swedish Krona amount you want to send from Sweden.
  • Step 6 - Optionally, check if there are any deals or promotions going on. You can rely on RemitFinder to provide you this information. Discounts help you save even more, so be sure to use one if available.
  • Step 7 - Validate all the information for accuracy and start your transaction.

From this point on, the remittance company will keep you posted on the progress of your transaction. Be sure to check with your recipient in Panama to validate that they get the money once the transaction clears.