1. Germany’s Policy Tightening Increases Demand for Efficient Personal Remittances

As of 2025, Germany has implemented updated tariff regulations targeting Southeast Asian imports. While these trade changes mostly affect businesses, personal remittance needs have quietly surged—particularly among those sending money from Germany to Malaysia.

Whether for tuition fees, family support, or investment purposes, users are increasingly looking for secure, app-based exchange platforms that let them convert euros to Malaysian ringgit (MYR) without needing to leave home.

2. Traditional Banks vs. Digital Options: Remitly vs. Panda Remit

Traditional Banks (e.g., Deutsche Bank):

• Transfer fees: €15–€25;

• Delivery time: 3–5 business days;

• Exchange rates: often outdated and uncompetitive;

• Limited support for Malaysian e-wallets or smaller banks.

Remitly: Better, but With Caveats

Remitly offers both express and economy delivery to Malaysia. While express transfers may arrive within an hour, they come at variable fees and less favorable exchange rates.

• Not all Malaysian financial institutions are supported;

• Fee transparency may vary depending on transfer amount.

3. Why Panda Remit is the Better Choice for EUR to MYR

Panda Remit has emerged as a powerful alternative, especially for users who value speed, safety, and convenience in personal transfers:

• Fully app-based, no paperwork or bank visits required;

• Live market exchange rates, with automatic MYR calculations;

• Supports major Malaysian banks and wallets like Maybank, CIMB, and Touch’n Go;

• Fast delivery, as quick as 2 minutes and typically within 10;

• Zero fees on first transfer, with low ongoing charges (source: World Bank 2024 Report);

• BaFin-regulated and Malaysia-compliant, ensuring cross-border safety and transparency;

• Real-time transfer tracking, with instant confirmation for both sender and recipient.

4. Final Thoughts: Smart, Home-Based Transfers are the New Normal

As Germany’s financial environment becomes more regulated, consumers need flexible, low-cost, and transparent remittance solutions. With Panda Remit, transferring EUR to MYR is not only secure and cost-effective, but also truly borderless and home-based.

Sign up now with Panda Remit and enjoy zero fees on your first transfer!

 https://www.pandaremit.com/zh/chn/register