Sharemoney is devoted to keeping international remittance both easy and convenient, giving customers the ability to focus on more important matters.
How can I send money to Panama?
Simply log in and create an account, then click "Send Now" and provide the necessary information. You will be required to provide the amount of money you wish to send, your contact information, the name of the recipient, how you want to send the money, and payment information.
What delivery options does Sharemoney have for money transfers to Panama?
Sharemoney can deliver money to many different cash pickup locations across the country, regardless of payment method.
Am I able to send money to Panama with my credit card?
While you can pay using a credit card, we recommend you avoid this payment method. Sharemoney supports both Mastercard and Visa, but these companies consider money remittance to be a cash advance, potentially resulting in additional fees with your bank. An easy and affordable way to send money to Panama through Sharemoney is through the use of a debit card.
Can I send money to Panama from my debit card?
Yes, using a debit card is ideal for money transfers through Sharemoney.
How long will it take for my remittance to Panama?
If you're using Sharemoney for the first time, we send your funds as soon as we can confirm your phone number and payment source. Returning customers don't need to await confirmation, allowing for transfers within minutes for cash pickup.
Where are your cash pickup locations in Panama?
We have plenty of convenient cash pickup locations located all throughout Panama through the Elektra stores, including cities such as Penonomé, San Miguelito, Tocumen and many more. You can view all of our pickup locations here.
I want to send $1,000,000 to Panama. Can I use Sharemoney?
Unfortunately, not at this time. Our goal is to help people who work and live overseas support their loved ones back at home. Currently you can transfer up to $2,999.99 every 24 hours or every 15 days, and up to $9,999.99 in a 180-day period. Additional rules and state regulations may apply.
What does my beneficiary need to know to receive their funds?
Normally, the beneficiary will need to present their ID to receive funds at a cash pickup location in Panama. It is also helpful to share your money transfer number (MTN) with the recipient in case they need to know it when picking up funds.