HIGHLIGHTS
About Panda Remit
Panda Remit - The Fast and Affordable way to send money globally with 24/7 customer services & 100% Money Transfer Guarantee
Panda Remit aims to provide safe, convenient, and low-cost international money transfer service to people who travel, live & work internationally. Whether you are sending money to support Family living overseas, re-paying your loan, sending your salary or selling your property, and recharging your online shopping e-wallet, Panda Remit will help clients send money in an easy, secure & fast way and receive more.
Why Panda Remit?
How to send money with Panda Remit?
1. Open a free Panda Remit account > Select your sending country & Use your mobile number or email to register an account.
2. Complete your profile > Submit personal information & required personal ID (like passport/driving license/ID card etc.) in 2 mins.
3. Select Transfer Details > Select receiving country & put sending amount.
4. Create Recipient Profile > Submit Recipient Information and Select Receiving Method.
5. Select Sending Method > Choose supported sending method of sending country.
6. Confirm Your Transfer > Most Transfers will take around one working day.^
^90% of major currency transfers are processed in 24 hours on receipt of funds to Panda Remit
As an international remittance product and brand, Panda Remit was founded in Hong Kong by Wo Transfer (HK) Limited, holding MSO license in 2018. They are invested by World-renowned investment institution-Sequoia Capital & Light Speed in 2019 & also were selected into Mastercard Start Path Program in 2020.
They have expanded markets rapidly into North America, Oceania, Asia, Europe since 2018. They have served millions of global clients & are still continuing to expand into new countries and new regions to serve more clients.
With their professional 24/7 customer services team, their services have received more than 50,000 high-rating reviews & achieved 4.9 review score out of 5 as the highest score of remittance app in Trustpilot.
In addition, they highly focus on keeping their clients' money and personal data secure. Panda Remit operations are regulated under over 30 regulators globally & they hire Symantec Security Solution to protect clients' transaction data. Meanwhile they provide 100% Money Transfer Guarantee to ensure clients' funds are safe with Panda Remit.
FEATURES ((Currently showing rates for USA to IND change)
- Credit Card/Debit Card
- ACH Transfer
- Apple Pay
USER REVIEWS
One of the worst and sure they are like holding money for 3-5 days without any update to us on additional documents submission. Unless you ask status they won’t give update in email or text msg. They use our money holding for huge business to gain and do Asian businesses and won’t support you on time for the family who needs money on urgent. They never transfer in 5 mins which is advertised here. Request compareremit to remove these kind of persons.
7 One of the worst and sure they are like holding money for 3-5 days without any update to us on additional documents submission. Unless you ask status they won’t give update in email or text msg. They use our money holding for huge business to gain and do Asian businesses and won’t support you on time for the family who needs money on urgent. They never transfer in 5 mins which is advertised here. Request compareremit to remove these kind of persons.
7 The reviews are getting deleted which makes me believe that CR is also involved. This company is fradulent. Do not fall prey to the offers. The customer support bullies you and all communication is in a language that is not understandable
4 The reviews are getting deleted which makes me believe that CR is also involved. This company is fradulent. Do not fall prey to the offers. The customer support bullies you and all communication is in a language that is not understandable
4 The negative reviews are extremely true. Please do not fall for the first time offers. The processing is stuck for weeks although debit from your account processes through the very next day. There is no way to get a hold of an customer support agent. Very frustrating experience
5 The negative reviews are extremely true. Please do not fall for the first time offers. The processing is stuck for weeks although debit from your account processes through the very next day. There is no way to get a hold of an customer support agent. Very frustrating experience
5 Seemingly CompareRemit is involved also; For Indians read between the lines avoid these cheats;complain to cfpb # consumerfinance.###; 9 days have passed kept asking multiple account numbers saying system failure & will return my $3k back,never returned, blocking my number on customer app & watsapp;complain to cfpb, consumer finance protection bureau # consumerfinance.###
16 Seemingly CompareRemit is involved also; For Indians read between the lines avoid these cheats;complain to cfpb @ consumerfinance.com; 9 days have passed kept asking multiple account numbers saying system failure & will return my $3k back,never returned, blocking my number on customer app & watsapp;complain to cfpb, consumer finance protection bureau @ consumerfinance.com
16 I started using PandaRemit with a reference from a client from the US. As a freelancer, I needed to get paid by clients from different countries, and as PayPal still isn't allowed in Bangladesh, I was using Payoneer primarily. That was a problem and as a result, I was searching for some alternates to go along with Payoneer. And, there was Wise! Helped me to get paid by a few of my clients to directly my bank account.
3 I started using PandaRemit with a reference from a client from the US. As a freelancer, I needed to get paid by clients from different countries, and as PayPal still isn't allowed in Bangladesh, I was using Payoneer primarily. That was a problem and as a result, I was searching for some alternates to go along with Payoneer. And, there was Wise! Helped me to get paid by a few of my clients to directly my bank account.
3 I've been wiring money from Florida to my mother-in-law in the city of Shanghai China since last May. The transaction has been safe and fast enough. And I got several coupons for the transactions. Thank PandaRemit. It helps me reconnect with my family in China.
2 I've been wiring money from Florida to my mother-in-law in the city of Shanghai China since last May. The transaction has been safe and fast enough. And I got several coupons for the transactions. Thank PandaRemit. It helps me reconnect with my family in China.
2 Transfer fees of $3.99 from the second transfer onwards hurts the overall transfer amount. I referred a friend who would get $24 and I would get $30. However, these are given in separate coupons ($24=$12+$9+$3 and $30=$20+$10), meaning you will have to initiate multiple transfers to use those coupons. With the transfer fee involved, this works out to be $12+$5-$1 = $16 for the friend and $16+$6=$22 (by deducting $3.99 transfer fee for each subsequent transfer other than the first one). Other competitors are providing referral amounts in a single coupon and their transfer rates are much higher than Panda Remit. So, this may only be worth for a single transaction or if you get that refer a friend coupon of $20. Transfer speeds are ok (3-5 business days). No customer support available even though there are some working hours listed on the chat section of the app.
11 Transfer fees of $3.99 from the second transfer onwards hurts the overall transfer amount. I referred a friend who would get $24 and I would get $30. However, these are given in separate coupons ($24=$12+$9+$3 and $30=$20+$10), meaning you will have to initiate multiple transfers to use those coupons. With the transfer fee involved, this works out to be $12+$5-$1 = $16 for the friend and $16+$6=$22 (by deducting $3.99 transfer fee for each subsequent transfer other than the first one). Other competitors are providing referral amounts in a single coupon and their transfer rates are much higher than Panda Remit. So, this may only be worth for a single transaction or if you get that refer a friend coupon of $20. Transfer speeds are ok (3-5 business days). No customer support available even though there are some working hours listed on the chat section of the app.
11 Pretty decent transfer speed. The first transfer took about 5 days to process (as indicated initially). There was no transfer fee on that transaction. However, I do see transfer fees of $3.99 now if I were to initiate a second transfer. CompareRemit shows $0.00 for transfer fees, this is only true for the first transfer looks like. Panda Remit does offer some coupons every now and then, so that may offset the transfer fees. Overall decent. Had the transfer fees not been levied, then their rates are better than most other money transfer services out in the market.
2 Pretty decent transfer speed. The first transfer took about 5 days to process (as indicated initially). There was no transfer fee on that transaction. However, I do see transfer fees of $3.99 now if I were to initiate a second transfer. CompareRemit shows $0.00 for transfer fees, this is only true for the first transfer looks like. Panda Remit does offer some coupons every now and then, so that may offset the transfer fees. Overall decent. Had the transfer fees not been levied, then their rates are better than most other money transfer services out in the market.
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