Compare money transfers to Panama

Find the best way to send money to Panama and save on fees and exchange rates!
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Amount, Currencies

3 best ways to send 2000 CAD from Canada to Panama

Recipient gets 1461.24 USD
Rate 0.7360
Fees 14.54 CAD
You pay 2000 CAD
Speed
3 days
Payment options
Bank account Bill Payment
Receive options
Bank account
Special rate for new customers
Recipient gets 1443.40 USD
Rate 0.7217
Fees 0 CAD
You pay 2000 CAD
Speed
Within 24h
Payment options
Bank account
Receive options
Bank account
First 3 transfers are fee-free with promo code 3FREE
Recipient gets 1436.19 USD
Rate 0.7181
Fees 0 CAD
You pay 2000 CAD
Speed
A few minets
Payment options
Debit card Credit card Bank Debit (ACH)
Receive options
Cash Pickup

3 cheapest ways to send 2000 GBP from the UK to Panama

First 3 transfers are fee-free with promo code 3FREE
Recipient gets 2307.74 USD
Rate 1.1539
Fees 0 GBP
You pay 2000 GBP
Speed
A few minets
Payment options
Debit card Credit card Bank account
Receive options
Cash Pickup
Special rate and no fees on your first transfer
Recipient gets 2160.00 USD
Rate 1.0800
Fees 0 GBP
You pay 2000 GBP
Speed
Instantly
Payment options
Debit card Credit card
Receive options
Bank account Cash Pickup Home delivery Mobile wallet
Recipient gets 2159.62 USD
Rate 1.0847
Fees 9.02 GBP
You pay 2000 GBP
Speed
2 days
Payment options
Bank account PISP
Receive options
Bank account

3 easiest ways to send 2000 USD from the US to Panama

First 3 transfers are fee-free with promo code 3FREE
Recipient gets 2000.00 USD
Rate 1.0000
Fees 0 USD
You pay 2000 USD
Speed
A few minets
Payment options
Debit card Credit card
Receive options
Cash Pickup
Recipient gets 2000.00 USD
Rate 1
Fees 0 USD
You pay 2000 USD
Speed
6 days
Payment options
Bank account Cash at Location
Receive options
Bank account Cash Pickup
Recipient gets 2000.00 USD
Rate 1
Fees 0 USD
You pay 2000 USD
Speed
4 days
Payment options
Bank account Debit card Credit card
Receive options
Bank account Cash Pickup

The best services to transfer money to Panama

List of the best services to transfer money from Canada to Panama:

One of the few transcontinental countries in the world, it is located in Central and South America. Buoyed by the Panama Canal, the revenue generated forms a significant portion of the country’s GDP. It is regarded as a high-income country owing to its high competitiveness in the Latin American market. The strategic geographic location of the country has ensured the existence of a well-developed service sector mainly on commerce, trading, and tourism.

How to send money to Panama online?

  1. Enter the country of departure – Canada.
  2. Enter the country of receipt – Panama.
  3. Select the departure currency - you can send money online from Canada in EUR und USD.
  4. Enter the transfer amount in the selected currency - for example, 2000 CAD.
  5. Select the currency of receipt - the recipient can receive money in Panama in USD und EUR.
  6. Choose a suitable option from the 4 proposed providers and follow the link to process a money transfer from Canada to Panama.

How to easily process a money transfer to Panama?

There are steps inherent in types of money transfer services chosen to wire money to Panama. A few of the steps and easiest way to transfer money are as elaborated below for your guidance:

Online transfer provider

  1. Compare money transfer options to Panama.
  2. Proceed to the preferred site, or bank to initiate the transfer process.
  3. Initiate the transfer process by keying in the recipient's details.
  4. Select and authorize the amount of money to send.
  5. Pay the transfer cost and track the progress through your given number.

Pick up location

  1. Identify a secure and reliable location the money is to be picked up from.
  2. Provide the recipient’s details and the amount to be sent.
  3. Authorize the transfer and track the progress.

Top 5 money transfer services for sending money to Panama

The following chart is a calculation of the transfer of 2000 CAD to USD from Canada to Panama.

CompanyRateFees and special offers
TransferWise1 CAD = 0.7360 USDFees = 14.54 CAD
Xe Money Transfer1 CAD = 0.7217 USDSpecial rate for new customers
WorldRemit1 CAD = 0.7181 USDFirst 3 transfers are fee-free with promo code 3FREE
Remitly1 CAD = 0.7200 USDSpecial rate on your first transfer
Ria1 CAD = 0.7167 USDNo fees

What are the different ways of transferring money to Panama?

The country has in place a tax discount system on some services offered and on the tourism industry thus encouraging a steady flow of money into the economy. Sure enough, such leverages have led to the emergence of various ways to wire money to Panama. Some of the best way to transfer money are:

  • Cash pick up locations. These are strategic safe cash transaction stations where recipients get to pick up their cash.
  • Online transfer via mobile applications and wallets. Various applications and online services offer this service. The system adopted is e transfer of funds to Panama.
  • Bank Account Transfer-Transactions. Through the use of both debit and credit cards, a recipient gets to cash out their money from the local bank.
  • The money transfers companies. Various global money transfer companies ply their trade in the country offering varied valued money transfer services.

Reliable online remittance providers to Panama

Here are the best providers for secure online transfers from Canada to Panama.

TransferWiseTransferWise (formerly TransferWise) offers some great options for sending money from Canada to Panama.
Is it cheap?The exchange rate at Wise is 0.7360 USD for 1 CAD. The fees and transfer speed depend on the payment option you choose and can vary.
How to pay?The best way to pay is via Bank account or Bill Payment. There is also the option of paying using Bank Debit (ACH), Debit card or Credit card, but the fees will be higher.
Is it fast?The fastest way to send money is via . The transfer will then be processed instantly.
How to receive?There is only one option available from TransferWise for transfers to Panama - money can be received into a bank account.
Xe Money TransferXe Money Transfer has good and reliable option to transfer money from Canada to Panama.
Is it cheap?XE has set a special exchange rate for new customers - 1 USD can be exchanged for 0.7217 CAD.
How to pay?The transfer to Panama can be paid by Bank account.
Is it fast?If you pay via Bank account, the transfer will be delivered within 24 hours.
How to receive?Using XE, the recipient will only be able to receive transfers from Canada to their own bank account.

In addition to these providers, you can also use WorldRemit, Remitly, Ria and others. You can compare the offers of each of them in order to choose the most favourable option.

How much does it cost to wire money to Panama?

The tax holidays, exemptions, and discounts granted across different sectors play a significant role in the transfer levies charged on various money transfer services. Some service providers charge absolutely nothing on their services. Other service providers set prorated fees as the cheapest way to transfer money to Panama depending on the size of the amount being sent. Whereas some providers charge higher, others charge lower on higher amounts transferred.

The inherent worth of picking a money transfer method from our site

  • Finding and picking your preferred money transfer vehicle from this site is ideal due to thousands of pick up locations at your disposal.
  • You are bound to find several companies offering competitive exchange rates at low to zero transfer fees.
  • You have at your disposal secure and safe door-to-door delivery in Panama
  • There are large networks of partner banks to pick from within minutes.
  • This site gives an insight into the areas to avoid when picking up your money due to high levels of crime rates in those localities.

FAQ

What is the best way to transfer money from Canada to Panama (CAD→USD)?

What is the fastest way to send money from Canada to Panama (CAD→USD)?

What is the cheapest way to send money from the UK to Panama (GBP→USD)?

How long does it take to transfer money from the UK to Panama (GBP→USD)?

What payment options can I use for transfers from Canada to Panama?

How can I receive money transfer from Canada in Panama?

How to transfer money from Canada to Panama for free?

Popular destinations for transfers to Panama