As the European Union pushes for greater harmonization in cross-border payments, countries like Spain and Germany are actively adopting real-time banking protocols. But Hungary—still outside the Eurozone and using its local currency, the Hungarian Forint (HUF)—presents challenges when sending money to countries like Spain.

For Chinese nationals living, studying, or working in Spain, sending money from Hungary in a fast, cost-effective, and transparent way is essential. Remitly is a common choice for many users, but its performance with HUF→EUR transfers is inconsistent and not always favorable.

This is where Panda Remit steps in, delivering faster speeds, lower costs, and more control than competitors like Remitly.

I. Remitly’s Shortcomings in the HUF to EUR Corridor

Although Remitly is a popular global remittance tool, users often face the following issues when transferring from Hungary to Spain:

• Unstable delivery times: Promises of “same-day delivery” often become multi-hour or next-day settlements

• Unclear fees and less competitive rates: Users can’t always see the real-time exchange rate

• No native support for Chinese speakers: Making the process harder for families

II. Why Panda Remit is the Better Alternative

Lightning-Fast Transfers: As Quick as 2 Minutes

Panda Remit uses an optimized clearing system for Hungarian Forint to Spanish Euro (EUR) transfers. Most users see funds delivered within 2 minutes—often faster than Remitly.

Transparent, Real-Time Rates

Rates are clearly displayed before the transfer, with no hidden intermediary currency steps.

Zero Fees for First Transfer

Enjoy 0 fees on your first transfer, and predictable low fees thereafter.

Full App Experience, Designed for Chinese Users

Available on both iOS and Android, with full Chinese-language UI and support—ideal for students and families alike.

Fully Licensed and Secure

Operating in 40+ countries with financial licenses and bank-grade encryption, Panda Remit ensures full security.

III. Real-World Use Cases

• Students in Spain receiving living stipends or tuition from Hungary

• Digital freelancers converting HUF income to EUR

• Residents paying rent or bills in Spain while earning in HUF

As EU mobility increases, the need for real-time, low-cost remittances across currencies is rising fast.

IV. What Users Say

“Remitly took hours and the rate was always unclear. I switched to Panda Remit—now it’s fast, transparent, and I get more EUR per HUF.” — Mei, student in Barcelona

V. Make the Switch Today

Whether you're a student, an expat, or a remote worker, Panda Remit is the smarter, faster, and safer way to send money from Hungary to Spain.

Sign up now for Panda Remit and enjoy your first fee-free transfer!