With the growing number of Chinese expats and international students in both New Zealand and Lithuania, the need for fast, secure, and affordable international remittance is greater than ever. Whether it’s for tuition fees, family support, or business transactions, converting New Zealand Dollar (NZD) to Euro (EUR) is a common requirement.

 

While traditional bank transfers are still widely used, they are increasingly proving inefficient due to high fees, slow delivery, and outdated systems. Panda Remit, a global digital remittance platform, offers a game-changing solution—with transfers to Lithuania completing in as fast as 2 minutes.

 

 

1. Common Issues with Traditional Bank Transfers

 

Sending money from New Zealand to Lithuania through banks often leads to:

 

• Slow transfer speed: Transactions typically take 3–5 working days due to multiple intermediary banks and SWIFT system delays.

 

• High fees and unclear costs: Banks charge service fees, intermediary fees, and receiving bank fees—many of which are hidden or unpredictable.

 

• Poor exchange rates: Bank exchange rates are usually far from mid-market rates, leading to reduced value.

 

• Complex process: Sending requires SWIFT codes, IBANs, and other technical inputs that are prone to errors.

 

For those who remit frequently—especially students or families—these downsides become major burdens.

 

 

2. Why Panda Remit Works Better

 

Panda Remit is a licensed and compliant platform serving global Chinese communities, offering fast, secure, and cost-effective international money transfers. It excels in NZD to EUR transfers—particularly for recipients in Lithuania.

 

（1） Lightning-fast Transfers: As Quick as 2 Minutes

 

Thanks to partnerships with local European banking networks, Panda Remit can process and deliver funds directly into Lithuanian IBAN accounts—often within just 2 minutes.

 

（2） Transparent Rates, No Surprises

 

The platform offers competitive, real-time rates that are close to the mid-market rate. What you see is what your recipient gets—no hidden deductions along the way.

 

（3） Low Fees

 

Compared to traditional banks that may charge NZD 20–40 per transaction, Panda Remit keeps fees low or even fee-free depending on the transfer amount. The total cost is displayed upfront, eliminating guesswork.

 

（4） Easy-to-Use Platform

 

Available in both app and web formats, Panda Remit provides a user-friendly interface in Chinese. With a few simple steps, you can complete a transfer—perfect even for elderly parents.

 

（5） Security & Tracking

 

Panda Remit uses 256-bit encryption, fraud detection systems, and is licensed in regions including New Zealand and Singapore. Transfers are traceable in real time, giving you peace of mind throughout.

 

 

3. Ideal for Students, Families, and Businesses

 

Lithuania is home to several well-known universities that attract Chinese students. Panda Remit ensures tuition payments arrive on time, without the hassle or extra cost of traditional methods. It also supports families regularly sending money for living expenses or those involved in small-scale cross-border trade.

 

 

4. Trusted by Thousands Worldwide

 

With a Trustpilot rating of over 4.8 stars and glowing reviews across the app stores, users praise Panda Remit for its speed, reliability, and affordability. The feedback speaks for itself: “Much better exchange rates than banks”, “Super fast transfers”, and “Easy to use”.

 

 

Conclusion: Upgrade Your Money Transfer Experience

 

If you’re still relying on slow, costly methods to send money from New Zealand to Lithuania, it’s time to make the switch. Panda Remit is fast, transparent, and built for the modern world.

 

 Click here to register and try Panda Remit