Posted on by Chad F.

Are you frustrated when it comes to transferring funds online? Well, you can say goodbye to stress when you choose to use Sharemoney for your money remittance needs. We can provide all the conveniences you have always wanted when transferring money from the United States to your loved ones in Panama City. Let’s find out more about Sharemoney and our quick fund transfers to Panama City.

About Panama City

Don’t be fooled by the size of Panama and its capital. Although Panama is a small country, it is home to a wide range of world-class attractions, including pacific style beaches, beautiful mountain refuges, exotic tropical rainforests, and more. Many people would agree that Panama is an affordable exotic destination. Panama and its capital has a free-market and fully-dollarized economy. What’s more, it has a history of low inflation. From 2004 to 2013, Panama’s GDP was also expanding at a rate of 8.4% on average each year. Major sectors of Panama’s economy are financial services, agriculture, and tourism.

Transferring Funds to Panama City – Delivery Methods

At the moment, we offer cash pickup as the main delivery method for transferring funds to Panama City. You can rest assured that we have partnered with reputable banks, which include Elektra. Elektra is owned by the Elektra Group, which owns and manages over 4,000 branches in Central America. They are the preferred choice when people talk about international money transfers. In Panama, it is extremely easy to locate an Elektra branch for your recipient to pick up the funds you have transferred to them. Your options include Baz La Gran Estacion, Ekt Chorrera, Ekt Los Pueblos, Baz Vista Alegre, and more.

Why Use Sharemoney for Money Remittance to Panama City?

For starters, you will only pay a low rate starting at $4.99 when transferring funds to Panama City. As there are no hidden fees or exchange fees (we let you send USD to Panama), your recipient does not have to worry about any other fee once he or she retrieves the money you sent.

We understand that time is money and that’s why you initiate and complete your transactions with exceptional speed. Before initiating a transfer, you are required to go through a quick registration procedure, which is free as well. With this account, you can take advantage of the “QuickSend” button to save time and effort while making repeated transfers to the same recipient in Panama City.

You and your recipient can also enjoy greater convenience via our online money tracking system. This means that you do not need to constantly check and update the recipient of the money transfer status. This is a task that can be done by them. All you need to do is to give them the Money Transfer Number (MTN). Once they have it, they can proceed to our global website. There are fields for them to enter the MTN, which then updates them on where the money is at the moment.

Using Sharemoney to Transfer Funds to Panama City

To make sure you know how to fully utilize Sharemoney’s services, you can learn more about our services and procedures at our “How It Works” page. You can even find answers to your questions at our Frequently Asked Questions section.

Transfer Money Online to Panama City Now!

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