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
USER REVIEWS
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.
3 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.
3 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.
0 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.
0 Worst company, no way to reach out to customer support. My transfer still stuck in process from past 10 days. Do a favor for yourself and avoid this company like plague. I don't even know if I can get my money refunded back.
6 Worst company, no way to reach out to customer support. My transfer still stuck in process from past 10 days. Do a favor for yourself and avoid this company like plague. I don't even know if I can get my money refunded back.
6 The app will say it takes 2 minutes to transfer but when u initiate transfer it will take 3 to 5 business days. You would not be getting any options to cancel your transfer. I think it’s money looting app. Just stay away from this app
9 The app will say it takes 2 minutes to transfer but when u initiate transfer it will take 3 to 5 business days. You would not be getting any options to cancel your transfer. I think it’s money looting app. Just stay away from this app
9 Top-quality app! All my transfers just went smooth and safe! can't be happier than this, The rate is exactly what I needed. Thanks, panda!
3 Top-quality app! All my transfers just went smooth and safe! can't be happier than this, The rate is exactly what I needed. Thanks, panda!
3 
