Transfer from Credit CardIt allows you to send money transfers to beneficiaries with checking and savings accounts at Panamanian banks, from a Panamanian VISA or MasterCard credit card via ACH using our Android cellphone or tablet app with Internet access, through our website or by our automated assistance to 201-RAPI (201-7274).BenefitsImmediate disbursements to the selected account or cardService available 24/7Saves timeSeveral payment alternativesYou can do it from a computer, tablet or cell phone with Internet accessSecureAccessibleSituations in which this service can be useful:The client does not have enough funds in his/her checking or savings account (but has funds available on a credit card) to pay a recipient who does not accept credit cards. The recipient accepts payments by credit card, but only if the client is physically present. The client wishes to deposit in his/her Panamanian checking or savings account the funds available in his/her VISA or MasterCard credit card 24/7, 365 days a year, instead of going to the bank or an ATM to withdraw cash. Limits on the maximum withdrawal amount to be withdrawn from the available funds may applyRequirementsFree membership to Servicios Financieros Inmediatos, S.A. (RapiVale)Copy of government IDCopy of the Credit CardAuthorization to perform an APC queryAuthorization of payment methodDirect payroll discountDebit from a savings accountDebit from a checking accountDebit from a credit cardFeesThe cost is 7.5% of the total amount plus ITBMS. (Example: If you transfer $100, the cost is $7.50 plus ITBMS = $8.02)
