Best Ways to Send Money from the Netherlands to Panama (2025 Update)

The best services for sending money from the Netherlands to Panama

🪙 Cheapest to a bank account	Wise
💳 Best with credit card payment	Western Union and Wise
💶 Easiest cash pickup	Western Union and Remitly
🎁 Special offers for first transfers	OFX

Ever since the internet made its presence felt, the world has started getting closer and shorter. Besides various technologies to ensure seamless long-distance communication, people can also transfer money across the seas. And today, more people are using online money transfer services to send funds across countries. This article entails how to find the best option for wire money from the Netherlands to Panama.

How to transfer money from the Netherlands to Panama online?

With super-fast internet, high banking standards, and numerous online money transfer options, you can transfer money in a matter of three steps. Besides, you can e transfer your money using a bank account or a credit card as well.

1. Choose Your Option: With many transfer companies offering competitive services online, you need to find the best one for you.
2. Finalize the Deal: Look for the best way to transfer money from the Netherlands to Panama in terms of exchange rates and transfer duration. Also, check for money loading options.
3. Initiate the Transaction: When all things are set, deposit the money you want to send (plus transaction and other fees).

Which provider to use to wire money from the Netherlands to Panama?

If you are looking for the easiest money transfer option, here are a few to consider:

Banking Services:

You might have a bank account. Well, who doesn’t? So, you can transfer money using that account with ease. Visit the bank or check through its net banking portal to get details. But that’s not the cheapest and the fastest option available.

Non-Banking Transfer Services

• Money Transfer Companies: You can find many transfer companies serving both offline and online. There are some well-recognized brands as well like TransferWise, Skrill, WorldRemit, and more. From this list, you can find the cheapest way to send money from the Netherlands to Panama.
• Use PayPal: Have you used any of those e-wallet services? PayPal is something like that being in use for years before even wallets arrived. You can transfer money from your bank account to the PayPal account and then to the recipient’s PayPal account. The recipient can then transfer it to his/her bank account or use it for online payments. However, unlike e-wallets, this process takes some dig in your pocket in terms of transfer fees.
• Use Internal Cheque: Probably the slowest one but a worthy option if you can’t access others given above. However, you should make and send a cheque with the amount mentioned in international currency and recognized internationally. Though the recipient might also face certain charges for getting the cheque cashed.
• Use Physical Transfer Locations: With companies like Western Union and MoneyGram having physical locations around, you can make the transfer happen in minutes. Visit the location, submit the details and cash, and the recipient can pick it up within minutes showing the transaction number and ID proof.

How much does it cost to send money to Panama?

When transferring 1000 euros to Panama, the amount received is 2286.97 USD in Western Union. You can also receive a money transfer from Wise for the amount 1170.98 USD. And with OFX 1168.20 USD. There is still an option Remitly

Compare to Find the Best Option for you

Though going through this many options can be daunting, a comparison website can do the job for you. Visit this site, enter the basic details, and see which service offers the best of transaction charges, duration, and other features. Our site gives you a detailed comparison with the latest exchange rates and features so you face no hurdle while finding the best way to transfer money from the Netherlands to Panama.