Best Ways to Send Money from Portugal to Panama (2025 Update)

The best services for sending money from Portugal to Panama

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

Sending money to foreign countries is made easy with the numerous modern money transfer options available online. However, with the dynamics in the money transfer markets, we recommend that you keep checking our online reviews so that you are always up to date with the value you get after the exchange. We advise our guests to subscribe to our official email notifications for periodic alerts on best market options to use when it comes to e transfer.

How to transfer money from Portugal to Panama online?

Sending money with a reputable company is smooth and effortless. The process takes a short time to complete and you can easily choose between Pounds and Euros. Generally, the easiest way to transfer Pounds to other country will cost you 4% to 5% of the total cash transferred.

Users sending money from Portugal to Panama can now select one of the best service providers from our website. Once you select the cheapest way to transfer money from Portugal to Panama, follow the step by step process to wire the cash successfully:

1. Log in to your account using your credentials such as bank account or credit card details
2. Look for the wire transfer segment on the selected user interface
3. Check again to confirm the set limits for online transfer
4. Enter details of the recipient. Include: Name and address, Their account type e.g. current or savings, Account number or the International Bank Account Number, SWIFT code
5. Key in the amount of cash you wish to transfer
6. Choose the recipient bank currency.
7. Pay processing fee
8. You should know how long it is likely to takes before your transfer arrives. Though it usually takes between one to three days, keep in mind that the recipient bank may, have different working days or just working in a different time zone.

Which provider to use to wire money from Portugal to Panama?

Other than the bank, the following are among the top eight e transfer service providers. The list is not in any order:

• Moneycorp
• OFX
• TorFX
• Currency Solutions
• WorldFirst
• Currencies Direct
• Smart Currency Exchange
• RationalFX

However, when choosing a service provider, consider their cost of transfer, speed, transfer limits and customer support.

How much does it cost to send money to Panama from Portugal?

Bank transfer between Portugal and other countries costs around 4% to 5% of the total cash transferred. However, this depends on the service provider and international money exchange rates as at the time of transfer. once transfer is effected, the bank receiving this transfer may as well impose withdrawal charges. These rates depend on the various types of bank accounts.

Why you should choose money transfer companies from our website

We combine both customer and expert reviews in giving you real time experience across the several available cash transfer service providers. Our web reviews provide well analyzed ideas covering the following elements:

• Money transfer options
• Their ratings
• Recommendations on what to consider before making your selections