With Belgium's recent tightening of immigration policies and customs reforms, cross-border remittance needs are on the rise. In this context, choosing an efficient, secure, and cost-effective remittance platform becomes crucial. Panda Remit stands out as a top choice for many users due to its low fees, high exchange rates, convenience, and security.

Belgium's Recent Current Affairs

1. Stricter Immigration Policies

In early 2025, the Belgian government implemented one of Europe's strictest immigration policies to address the increasing number of asylum applications and limited reception capacity. In 2024, Belgium received 39,615 asylum applications, the highest number since 2015. 

New policies include raising income thresholds for family reunification, implementing language and integration tests for social welfare applicants, and ceasing participation in the Dublin Regulation, no longer accepting applicants who have already been granted asylum in other EU countries.

2. Customs Reforms and NCTS Phase 5

On January 21, 2025, Belgium transitioned to the New Computerised Transit System (NCTS) Phase 5, implementing significant changes to customs declaration processes. All transit declarations must now use the new system, with the previous version no longer available. 

These reforms are part of the EU's effort to modernize and harmonize customs processes across member states and participating countries. 

Panda Remit: The Most Cost-Effective Instant Exchange Platform

In cross-border remittance, transaction fees and exchange rates are crucial factors. Panda Remit offers significant advantages over traditional bank remittance channels with its low fees and real-time exchange rate query tools, providing users with a high cost-performance remittance option.

For example, using Panda Remit to send money from Belgian Euros to Czech Koruna can save you up to 70% in fees compared to traditional banks.

Additionally, Panda Remit provides a real-time exchange rate query tool, allowing users to check the latest market rates anytime, ensuring each remittance is made at the optimal rate.

Cross-Border Payment Security: Panda Remit's Advantages

Beyond low fees and high exchange rates, Panda Remit places a strong emphasis on payment security. When making cross-border remittances, the safety of your funds is of utmost importance. Panda Remit uses state-of-the-art encryption technology to ensure that all remittance transactions are conducted in a secure environment.

Compared to other remittance platforms, Panda Remit ensures the safety of your funds while offering 24/7 customer support to assist with any issues.

How to Get Started with Panda Remit?

If you have cross-border remittance needs, Panda Remit is your ideal choice. Here's how you can start using Panda Remit in just a few simple steps:

1. Download the Panda Remit App: Download and install the Panda Remit app from the app store.

2. Register an Account: Register for a personal account on the app, providing necessary identity information.

3. Select Remittance Method: Enter the amount to be sent, recipient details, and choose your remittance method.

4. Check Real-Time Exchange Rates: View real-time exchange rates to ensure you're getting the best rates for your remittance.

5. Complete the Remittance: Choose your payment method and complete the transaction, tracking its progress in real-time.

Register Now for Panda Remit and Enjoy Zero Fees on Your First Transfer!

Panda Remit not only offers the most cost-effective cross-border remittance solution but also gives new users a fee-free first transfer! Register for Panda Remit now and enjoy seamless, low-cost, and secure remittance. Don't miss out on this opportunity!