Posted on by Chad F.

One of the first things that will come to mind when you hear about Panama is the famous Panama Canal which links the Pacific and Atlantic oceans. This connection provides a gateway for better business from this country to another. But of course, Panama’s capital city, Panama City, is also a great place where tourists are greeted by towering skyscrapers.

Many citizens in this country are committed to making their lives and those of their loved ones more comfortable. That’s why a big number of Panamanians have gone to the US to seek better job opportunities. For these expats in America, they have not forgotten about their loved ones back in Panama and often send money remittances back home. If you are one of them, do you know that you can use Sharemoney to transfer money online back to Panama?

Sending Money to Your Loved Ones in Panama through Sharemoney

Sharemoney is an online money transfer service provider that endeavors to provide cheap fees for every remittance transaction that you make. Not only do we make online money transfer a convenient affair for you but we also make sure your loved ones will get to enjoy the amount you sent them in full. With a starting fee of only $4.99 and great currency exchange rates, it’s time you try our services for Panama remittance!

Cash Pickup Locations in Panama

The delivery method of choice when sending money to your loved ones in Panama is through cash pickup. We have partnered with Elektra which has many cash pickup locations in this South American country. When you have used our services, you can inform your loved ones right away so they can claim the money at Elektra’s cash pickup locations in Panama.

Why have We Chosen Elektra to be Our Partner?

One of the obvious reasons is the fact that Elektra has many locations in Panama which are found all over the country. Thus it does not matter which part of Panama your loved ones is living in at the moment, it is certain that when your loved one receives money from Elektra, they do not have to travel far. Add to that, its networks are known for disbursing cash fast and without hassle, though they make it a point to make sure that the identity of the person receiving the cash will be established before handing your hard-earned cash to them.

Starting the Money Transfer Transaction

Money transfer via Sharemoney is very easy. All you need to do is register a free account with us. Additionally, you need to have one of these available funding options – bank account, debit card or credit card. When you have all these requirements then everything else will flow as smooth as you expect it to be.

When we have verified all of your account information, we will start to facilitate the transfer. Your subsequent money transactions will be even faster, especially when you are sending to the same recipient in Panama. Whenever you want to send money safely to Panama, think of Sharemoney and Elektra!


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