1.Hungary’s Trade Position and Currency Policy in the EU

In early 2025, Hungary has once again made headlines within the EU by opposing a standardized tariff and tax harmonization mechanism proposed by Brussels. This move, while aiming to preserve national economic autonomy, has stirred market reactions—most notably, increased exchange rate volatility for the Hungarian Forint (HUF).

At the same time, Hungary remains a top choice for Thai students pursuing affordable and high-quality education in Europe. With this growing demographic, the demand for remittances between Hungary and Thailand is on the rise—and so is the need for a secure, cost-effective method to transfer money.

2. Traditional Banks Fall Short: High Fees, Delayed Transfers

Popular Hungarian banks like OTP or K&H offer international transfers, but challenges include:

• High transaction fees: Transfers to Thailand can cost €15–30+

•  Slow delivery: Transfers often take 3–5 business days due to conversion chains (HUF → EUR → THB)

•  Unpredictable exchange rates: Amount received can vary from what’s displayed at time of transfer

For students, these inefficiencies can cause real headaches—especially during tuition payment deadlines or emergencies.

3. Panda Remit: A Modern Solution for HUF to THB Remittance

Panda Remit is a global remittance platform serving individuals in 40+ countries. It is especially effective for users needing “non-major” currency pairings like HUF → THB.

 Key Benefits of Panda Remit

• Direct exchange from HUF to THB: Avoid unnecessary conversions via EUR/USD

• Live exchange rate with full transparency: Know what the recipient gets—no surprises

• Low transfer fees & free first transaction

• Fast delivery: Most transfers completed in under 10 minutes

• Simple app-based process: No bank visits required

• Licensed and secure: Full regulatory compliance and bank-level encryption

4. Who Benefits from This?

Thai international students in Hungary
Send leftover HUF home or receive tuition support from family in THB with full tracking and low costs.

Freelancers and remote workers
Easily convert client payments from HUF to THB and send back to Thailand for saving or family use.

Thai families receiving support
Enjoy fast, reliable, and cost-effective funds transfers directly into Thai bank accounts.

5. How to Get Started:

1. Download the Panda Remit App

2. Register and complete ID verification

3. Choose “Send from Hungary → Thailand”

4. Enter amount in HUF and view live THB output

5. Enter recipient bank info

6. Confirm and track transfer in real-time

6. Conclusion: Make Your Money Work Across Borders

In a time of financial uncertainty and shifting EU dynamics, Panda Remit helps users maintain control, reduce fees, and stay connected with loved ones—whether for education, family care, or personal savings.

Start with Panda Remit today—your first transfer is fee-free