Banking -money wire - Panma -How can I transfer money to the United States?

There are three common options to send money to or from Panama and the cost will depend on the amount of money to be send.

• local banks: for large amounts of money will be the cheapest option.

• western unions or money gram: they used to have different rates, but western union 7 percent charges went down and now is very close to money gram.

• pay pal is good choice if both ends have an account and you can select send to family option for no charges.