Overall best choice: Wise
We tested & reviewed dozens of money transfer providers, and Wise scored highly.
Wise appeared in 100% of Panama to United States searches, and was the top rated company out of 2 that support PAB to USD.
So for a great mix of cost, speed & features, make your Panama to United States transfer using Wise.
How to get the best deal on your Panama to United States transfer
Important things to consider before sending money from Panama to United States
Don't settle for the first option. Always compare ways to send money from Panama to United States to find out about fees, speed, and reliability.
Our analysis included 2 providers that operate between Panama and United States.
Through this, you get a comprehensive view of all the options you have in Panama when you need to send money to United States.
Cheapest way to send money to United States from Panama: Wise
Data collected over the past six months show that Wise is 2.2% cheaper than the second-best option.
The B/.35.81 transfer cost represents the most common fee for PAB to USD international transfers, based on data from the past six months.
If you want to secure the best rates on a PAB to United States transfer, make sure you pick Wise to send your money online.
*The most common fee applied to PAB-USD by Wise, based on data from the past six months.
Fastest way to send money from Panama to United States: Wise
Our data shows that Wise came up as the fastest way to send money from Panama to United States in 100% of searches. This makes them well suited to urgent PAB to USD money transfers.
The 'fastest' way to send money is defined by the overall speed of sending money from Panama to United States - this includes deposit, transfer and withdrawal timeframes and often differs per currency.
When speed matters, Wise is your best choice at the moment. This service emerged as the quickest way to send money to United States from Panama in 100% of the searches on MoneyTransfers.com over the past six months.
Need to send over $10,000?
Opt for a service proven with large transfers when size matters. For transfers over $10,000, your best bet is Wise.
While Wise may not always be the cheapest or fastest way to send PAB from Panama to United States, it’s the provider that will keep you safe and relaxed while your money moves into USD.
Understanding the costs involved when moving money from Panama to United States
When calculating the costs of money transfers between Panama and United States, here's what really matters:
The Mid-Market Rate: Today, the PAB-USD mid-market rate equals to 0.999953 USD per Balboa. Keep in mind that this rate fluctuates all the time.
The PAB-USD average exchange rate of the past three months has been 1.0006 USD per Balboa, with a high of 1.0051 and a low of 0.9989.
Fees and Markups: That's where Wise shines, combining the best of both worlds: excellent PAB to USD rates that are only 0% away from the average.
How to find the best exchange rate for Balboa to US Dollar
Timing is essential sending money between PAB and USD. The exchange rate you secure impacts how much USD you get for your PAB.
Let's dive into some interesting recent trends.
Over the past six months, the exchange rate from PAB to USD has seen some fluctuation. On average, it stood at 1.0006.
During this period, the highest value recorded was 1.0051, while the lowest was 0.9989.
Wise, which is our recommended service to send money online from Panama to United States offers an exchange rate that is only 0% above the mid-market rate.
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Payment methods available to fund your Panama to United States transfer
How we analyze the market
We track the cost, speed, and product offerings of the leading money transfer services available between United States and Panama.
Our comparison engine and algorithms evaluate providers based on over 25 factors.
We also consider how these services are rated on platforms like TrustPilot, AppStore, and Google Play, giving you a comprehensive view of what to expect.
This thorough analysis helps you get the best available deal - every time you want to move money from Panama to United States .
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send PAB to USD.
For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy document.