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Compare today's GBP to PAB (British Pound to Panamanian Balboa) exchange rates

United Kingdom
Panama
GBP
Interbank Exchange Rate: 1 GBP = 1.3252 PAB
Updated about an hour ago

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All you need to know about British Pound to Panamanian Balboa money transfers

Easily compare money transfer providers in one place to send money from United Kingdom to Panama. Send money overseas to your loved ones by comparing British Pound (GBP) 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 GBP to PAB Conversion Rates

Here are some latest GBP to PAB (British Pound to Panamanian Balboa) exchange rates for popular conversion amounts*.

1 GBP1.33 PAB
5 GBP6.63 PAB
10 GBP13.25 PAB
25 GBP33.13 PAB
50 GBP66.26 PAB
100 GBP132.52 PAB
150 GBP198.78 PAB
200 GBP265.04 PAB
250 GBP331.30 PAB
300 GBP397.56 PAB
400 GBP530.08 PAB
500 GBP662.60 PAB
600 GBP795.12 PAB
700 GBP927.64 PAB
800 GBP1,060.16 PAB
1,000 GBP1,325.20 PAB
1,500 GBP1,987.80 PAB
2,000 GBP2,650.40 PAB
2,500 GBP3,313.00 PAB
3,000 GBP3,975.60 PAB
4,000 GBP5,300.80 PAB
5,000 GBP6,626.00 PAB
10,000 GBP13,252.00 PAB
15,000 GBP19,878.00 PAB
20,000 GBP26,504.00 PAB
30,000 GBP39,756.00 PAB
40,000 GBP53,008.00 PAB
50,000 GBP66,260.00 PAB
100,000 GBP132,520.00 PAB

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


What's the best way to do UK to Panama money transfers?

There are many good choices when it comes to sending money from UK 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 British Pound to PAB money transfers.

We compare different remittance companies to bring you the best options to send money to Panama from UK. 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 British Pound 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 UK?

Just like the cryptocurrency market, the foreign exchange market is constantly fluctuating. On top of that, there are so many new service providers on the global remittance landscape. This may make it hard for remitters to find the best ways to send money to Panama from UK.

At RemitFinder, we have tried to solve this exact problem - how to give you access to good choices for your GBP to Panamanian Balboa remittances. We do all the hard work to search and compare numerous multi currency banks, foreign exchange services, remittance service providers, etc., to ensure you can use the best possible vehicles to send money overseas.

You can also register for our daily rate alert to stay aware of the latest exchange rates for GBP to PAB remittances. Our rate alert is totally free, and is a great way to save your previous time and make the most of your hard earned money. We do the hard work so you do not have to manually search and compare money transfer companies.


What's the cheapest way to transfer money from UK to Panama?

Finding the cheapest way to send money from UK 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 GBP 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 UK 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.


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

Big banks in UK are known to make a lot of money by charging high fees on Panama money transfers from UK. Do not get ripped off by paying exorbitant transaction fees on your next overseas funds transfer. Look out for more options so you can compare your bank's offer with others out there.

In addition to charging higher than average fees, banks are also notorious for giving you a GBP to PAB exchange rate that may not be the best compared to other options at your disposal. You can use RemitFinder to compare numerous money transfer operators with your bank's proposal so you can see what is the cheapest option to send money to Panama. With our live comparison tool, you can easily compare many good options in one glance.

Do not let the convenience of using your local bank prevent you from doing full due diligence on the best and cheapest ways to send money from UK to Panama. You work hard for your money, so you should also ensure you get the maximum yield when you send PAB overseas.


How to send money to Panama from UK fast?

The first thing to do when you need to convert GBP to PAB quickly is to compare various banks, foreign exchange companies and remittance service providers to see which ones can meet your transaction timing requirements. Once you identify the right provider, it's easy to do the actual transaction.

The harder part might be how to identify which providers can execute fast funds transfers between British Pound and Panamanian Balboa. While every company may have variations in how fast they will finish your money transfer, there are some general guidelines that may help you identify the fastest provider. For example, how you fund your transfer will have a direct impact on transaction speed. Similarly, if your recipient has to pick up cash from a far away location, or there are bank holidays going on, it may take longer for your funds to arrive.

To help demystify the unknowns in the end to end UK to Panama remittance process, you can study this detailed guide to money transfers. Awareness of all the intricacies of overseas funds transfers will help you make the right decisions to realize the fastest possible choices to send money to Panama.


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

Comparing money transfer companies for sending money to Panama from UK 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 British Pound 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 British Pound that you send.


Step by step guide to do a money transfer from UK to Panama

With so many possible ways to transfer British Pound 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 UK 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 UK 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 GBP to Panamanian Balboa money transfers. This way, you can pick whoever is the best at the time you are ready to initiate your transaction.