Compare money transfers from Hong Kong to Panama

The best services for sending money from Hong Kong to Panama

🪙 Cheapest to a bank account

Wise

With the best rated money transfer services providers on our list, you can wire money from Hong Kong to Panama the easiest way possible and in no time. What you need to consider before transacting is the turnaround time, security, flexibility, payment option, transfer option, the currency conversion rate as well as the service fee. This is by doing a comparison to get the best deal because each provider charges differently, though reasonably, due to a number of reasons.

How to transfer money from Hong Kong to Panama online?

You can e transfer money from Hong Kong to Panama either to your recipient’s bank account, the provider’s cash pickup location (agent), mobile wallet or through an online cash transfer company. There are a few factors to consider before you proceed to send your money from Hong Kong to Panama.

• The Exchange rate margin - Besides the mid-market exchange rates between HKD – USD, providers charge a minimal added percentage for purposes of revenue generation. That is why it’s important to compare providers for you to know the total transfer cost and how much your recipient will receive in USD after conversion.
• The transfer amount – For many providers, the more the transfer amount the less % of fee you pay. Reason being, either you’re given a chance to negotiate a lower rate or you pay a flat fee based on the transfer amount.
• Offers or discounts - Many providers occasionally give offers when you do business with them. In your quest to find a cheaper provider, look out for such perks as well.
• Customer reviews - Reviews by customer is a great indication of the credibility of the company.
• Hidden charges and fees - Some providers may charge hidden fees on top of the exchange rates or service fee. In your comparison, check exactly how you’re paying in total, in terms of rates and service fee if any.

5 quick steps to send money from Hong Kong to Panama

1. Visit the company’s website and open an account through registration so as to receive their services. Provide your personal details including your active email address, phone, full name etc.
2. Indicate the amount you want to send in HKD.
3. Select the payment method. You can pay through your savings account, credit card or debit card.
4. Select the transfer option.
5. Double-check your details then click send. You will receive a notification confirming your transfer.

Which provider to use to wire money from Hong Kong to Panama?

We have selected for a list of competitive providers for your cash transfer to Panama. These include TransferWise, CurrencyFair, WorldRemit, Skrill, WorldFirst, Moneycorp and Global Reach.

How much does it cost to send money to Panama from Hong Kong?

The cost of sending money from Hong Kong to Panama vary by company. For some you may pay a flat fee based on the amount you’re willing to send. For others you’ll be charged a percentage of the transfer amount. Moreover, some providers will charge both the exchange rate fee and service fee. Others will only charge the exchange rates and zero service fee.

Our advantages

We only work with the best money transfer companies. They not only ensure transparency, safety and security of your money, but also lower prizes as well as quick turnaround.