How Panda Remit Stands Out in International Transfers Compared to XE

When it comes to sending money across borders, many people compare different remittance providers to find the best option. Panda Remit is a leading international transfer service that offers competitive exchange rates, low fees, and a user-friendly experience. If you’ve considered using XE for international transfers, it’s important to compare its features with Panda Remit to determine which service provides the best value for your needs.

In this article, we’ll take a closer look at Panda Remit’s advantages over XE, covering key aspects such as exchange rates, transfer fees, speed, and ease of use.

1. Exchange Rates: How Much Will Your Recipient Receive?

One of the most crucial factors in choosing a remittance service is the exchange rate. A small difference in rates can lead to a significant impact on the amount received by your recipient.

XE offers competitive exchange rates, but they often include a hidden markup. While XE promotes “real-time rates,” the rate you get as a customer is typically lower than the mid-market rate. This means you might not get the best possible deal when transferring money internationally.

Panda Remit, on the other hand, ensures high exchange rates with minimal markup, allowing you to send more money to your recipient. By providing near mid-market rates, Panda Remit helps users maximize the value of every transfer.

2. Fees: How Much Does It Cost to Send Money?

Besides exchange rates, international transfer fees play a major role in determining the overall cost of a transaction.

XE’s transfer fees depend on the currency and destination. While XE offers fee-free transfers for some currency routes, their exchange rate markups often make up for the lack of upfront fees.

Panda Remit, in contrast, offers a clear advantage:

✅ Low transfer fees with no hidden costs.
✅ First-time users get a fee-free transfer, making it a great option for those trying the service for the first time.
✅ Transparent pricing, so you know exactly how much your recipient will get.

If you’re looking for a cost-effective way to send money internationally, Panda Remit is the better choice, offering both low fees and strong exchange rates.

3. Speed: How Fast Do Transfers Arrive?

XE’s transfers typically take 1–4 business days, depending on the payment method and currency corridor. Bank transfers through XE can take even longer, especially if intermediary banks are involved.

Panda Remit provides a much faster transfer experience, with many transactions arriving within minutes or hours. Unlike traditional banks and some remittance services, Panda Remit uses efficient global payment networks to reduce waiting times.

For those sending urgent international remittances, Panda Remit is a faster and more reliable option.

4. Convenience & Customer Experience

Both Panda Remit and XE offer online transfers through their websites and mobile apps. However, there are some differences:

Panda Remit’s user-friendly app and responsive customer support make it easy for users to track their transfers, check exchange rates, and receive assistance if needed. Compared to XE, Panda Remit prioritizes speed, cost-efficiency, and a smooth user experience.

5. Panda Remit: The Best Alternative to XE for International Transfers

If you’re looking for a better alternative to XE, Panda Remit is the smarter choice. With its low fees, high exchange rates, and fast transfers, it’s designed to help you send money efficiently and securely.

Why Choose Panda Remit?

✅ Better exchange rates than XE, so your recipient gets more.
✅ Lower transfer fees, saving you money on each transaction.
✅ Faster delivery times, often within minutes or hours.
✅ Secure and reliable platform, ensuring your funds are protected.
✅ First transfer is fee-free, making it easy to try the service risk-free.

Start Sending Money with Panda Remit Today!

If you’re sending money internationally and want a faster, cheaper, and more reliable option, Panda Remit is the best choice.

Sign up now and enjoy your first transfer with no fees!

For more updates and insights, follow us on Instagram.

Conclusion

While XE is a well-known name in the international money transfer market, Panda Remit offers better value for users looking for:

✔ Higher exchange rates
✔ Lower fees
✔ Faster transfers
✔ A seamless customer experience

Instead of paying high fees or waiting days for your transfer to go through, switch to Panda Remit today and enjoy a cost-effective, fast, and secure international transfer experience.