Panda Remit review
4.0Est. 2017
Panda Remit specializes in transfers to China and other Asian markets. Competitive rates on CNY corridors with fast delivery via WeChat Pay and Alipay.
Countries
30+
Currencies
20+
Speed
Minutes to 1 day
Fees
$0 - $5 depending on corridor
Panda Remit overview
Panda Remit is a money transfer provider, founded in 2017 and based in Hong Kong. Panda Remit's regulators: MSO (Hong Kong), FinCEN.
Across the 22 corridors we track for Panda Remit, its median rate sits 0.82% from mid-market — compare that with the 0.2% - 1% above mid-market it publishes.
Pros
- Very competitive CNY exchange rates
- Delivery to WeChat Pay and Alipay
- Fast delivery to China
Cons
- Limited corridor coverage (Asia-focused)
- Less known outside Asian communities
- Customer support mainly in Chinese/English
Panda Remit features
WeChat Pay delivery
Alipay delivery
Rate lock
Panda Remit transfer details
HeadquartersHong Kong
RegulatedYes
RegulatorsMSO (Hong Kong), FinCEN
Min Transfer$50
Max Transfer$50,000
Payment MethodsBank Transfer, Debit Card
Delivery MethodsBank Deposit, WeChat Pay, Alipay
Exchange Rate Markup0.2% - 1% above mid-market
Published by Panda Remit. Not measured by us; Panda Remit’s limits and methods vary by country.
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