1. Hungary’s EU Tensions Impact Exchange Rate Stability

In early 2025, Hungary again made headlines in Brussels by refusing to support EU-wide customs alignment. This stance—while affirming the nation’s economic autonomy—has unsettled foreign exchange markets. The Hungarian Forint (HUF), in particular, has seen increased volatility.

For those needing to transfer HUF abroad, especially to countries like Malaysia, this instability translates into higher transaction risks and uncertain costs. From international students to digital nomads and remote workers, the demand for fast, secure, and cost-effective remittance solutions is rising.

2. TransferWise (Wise) Is Popular, But Not Always Ideal

While Wise has built a strong global reputation, especially for major currency pairs, it’s not without limitations—especially when sending HUF to MYR:

• Exchange rates can fluctuate before confirmation

• Delivery may be delayed around holidays or weekends

• Fees vary by amount and destination, sometimes higher for small amounts

• Customer service gaps due to timezone mismatches in Southeast Asia

For users who need both transparency and speed, Wise is no longer the only digital option.

3. Why Panda Remit is a Better Choice

Panda Remit is a digital remittance platform focused exclusively on individual users, operating across 40+ countries. It excels in supporting non-major currency pairings, including HUF to MYR.

Key Advantages:

1. Regulatory Compliance and Payment Security
   KYC & AML-compliant, with bank-level encryption for every transaction.

2. Direct Currency Route: HUF → MYR
   No USD or EUR conversions—saving you from dual exchange losses.

3. Fast Transfers
   2-minute transfers in many cases; average speed is under 10 minutes.

4. Low Fees, First Transfer Free
   Costs only a fraction of what banks charge, according to World Bank data.

5. 100% App-Based with Real-Time Tracking
   Everything from registration to tracking is managed on your phone.

4. Real User Scenarios

Malaysians working in Hungary
Send monthly support to family safely and quickly, with live tracking for peace of mind.

Hungarian students studying in Malaysia
Pay tuition and academic fees from Hungary with stable rates and no surprise delays.

Freelancers remitting HUF income to Malaysia
Use Panda Remit to receive payments in Forint and convert directly to MYR.

5. How to Send HUF to MYR with Panda Remit:

1. Download the Panda Remit app

2. Register and verify your account

3. Choose "Send from Hungary → Malaysia"

4. Enter the HUF amount and see the MYR equivalent

5. Add recipient’s bank details

6. Confirm and track transfer in-app

6. Final Thoughts: Security, Speed, and Savings in One App

In today’s volatile financial landscape, Panda Remit provides a smarter way to send money from Hungary to Malaysia. With superior security, faster transfers, and fees up to 90% lower than traditional banks, it’s the right tool for global citizens.

Start your Panda Remit transfer now—your first transaction is fee-free!