How much cash should I carry in Panama?

The amount of cash you should carry depends on what you plan to do. If you envision a day of eating at better restaurants, having drinks, and maybe even buying a souvenir, you’ll want $30-50 per person. However, if your hotel includes some meals and you’re only planning on lounging along the beach, $20 should cover it. ATMs are widely available in Panama (except in remote locations) and most of the time it isn’t hard to withdraw additional money. However, if you do pull out a sizeable amount of cash at once, it’s advisable to store it somewhere safe in your room and only bring out the amount you anticipate needing for that day.