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Currency
The currency is the Balboa, however the commonly used currency is the USD. The use of credit cards is very wide-spread in the capital. Most stores, hotels and restaurants accept them. You can withdraw money from cash dispensers. The ISO code for the balboa is PAB. 1 _ = 0,87 PAB.
Automatic Teller Machines (ATM)
To find out the locations of ATMs in Panama
, click on the link to your credit card: Visa, Mastercard or American Express
Business hours
The national banks open from Monday to Friday, from 8.00 to 15.00, the foreign banks open from 8.00 to 13.00.
Transportation
Road
The road network is undergoing important works of modernisation in the capital and inside the country (the Panama/Colon highway under construction, extension of the interAmerican road). When driving in Panama be attentive and cautious. Fuel supplies are suitably and regularly ensured on the whole territory.
Rail
The Panama - Colon Connection has been recently privatised and is being modernised.
Air
Several accidents have been reported on the Panama-San Blas connection.
Internet
The Internet suffix is:
.pa
Basic conversation guide
Yes = Sí No = No. Thank you = Gracias Hello = Hola Good morning = Buenos días Good afternoon = Buenas tardes Goodbye, Goodbye = Adiós I do not understand = No entiendo What's the price? How much does it cost? = ¿Cuánto esta? ¿Cuál es el precio? I would like to buy = Me gustaría comprar... Do you accept the credit cards? = ¿Aceptan tarjetas de crédito? Where is? = ¿Dónde está? Post office = la oficina de correo The bank = el banco The police station, the police force = la estación de policía; la comisaría de policía The pharmacy = la farmacia An airport = el aeropuerto The train station = la estación de tren One ticket to..., please. = un billete para..., por favor. Would you have any available rooms for tonight? = ¿Tiene habitaciones para esta noche?.
Spanish is the official language of Panama. However, it is important to note that a lot of Panamanians speak English fluently. This is especially the case for a large portion of the black population living on the Caribbean coast. Finally, in Panama, several native dialects are also spoken.
Last modified in
January 2006
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