With Germany’s Trade Push into Eastern Europe, Here’s How to Send Euros to Czech Koruna Online — at Just 1/10th the Bank Fee
Benjamin Clark - 2025-06-24 11:28:53.0 14
As Germany intensifies its trade ties with Central and Eastern Europe, especially with Czechia under the EU internal market umbrella, personal financial transactions are also on the rise. More residents and expats in Germany now look to send euros (EUR) to Czech koruna (CZK) — whether for education, personal support, or family needs.
However, traditional German banks often charge steep fees and offer subpar exchange rates. According to a 2025 report from Deutsche Bundesbank, the average cross-border remittance fee is €12.4 per transaction, with smaller banks charging up to €20 — a significant amount when transferring small or recurring funds.
In this context, switching to a platform that offers online currency exchange with only 1/10 of traditional bank fees is more than smart — it’s essential.
Panda Remit vs. Traditional German Banks: A Cost Breakdown
|
Feature |
Major German Banks |
Panda Remit |
|---|---|---|
|
Exchange Rate (1 EUR ≈) |
24.8 CZK (fixed) |
25.3 CZK (live, real-time) |
|
Fee |
€12–€20 |
Free for the first transfer, from €1.99 after |
|
Transfer Time |
2–5 business days |
As fast as 2 minutes |
|
Access Method |
Branch/Online banking |
Mobile App only |
Sources: Commerzbank official rates, Czech National Bank data, Panda Remit website (June 2025)
While banks are traditional and trusted, they’re far from efficient or economical. Panda Remit not only provides a better exchange rate but also saves you up to 90% in transaction fees.
Why Panda Remit is Gaining Ground with Euro-to-CZK Transfers
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Superior Rates – Real-time exchange updates mean you get more CZK for each EUR.
-
Lower Fees – Only 1/10 the cost of bank charges — ideal for repeat senders.
-
Convenient & Secure – Entire process via mobile app, encrypted and compliant with EU standards.
Pro Tips for Sending Money to Czechia
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Avoid transfers during weekends; weekdays offer better rate stability
-
Use platforms with live rate functionality rather than fixed-rate banks
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For first-time transfers, try small amounts to experience Panda’s delivery speed
Try Panda Remit Today and Pay Zero Fees on Your First Transfer
Whether you’re supporting loved ones in Prague or paying for tuition fees, if your purpose is personal, Panda Remit offers a faster, cheaper, smarter way to send money.
Register now and enjoy zero fees on your first transfer!
https://www.pandaremit.com/zh/chn/register
Make your money go further — leave the high fees behind.
