With the Belgian government implementing stricter immigration policies and customs reforms, the demand for cross-border remittance has surged. For many families and individuals, finding a cost-effective and efficient platform to send money abroad has become crucial. Panda Remit has emerged as the go-to choice for users, offering low fees, high exchange rates, convenience, and security for international money transfers.

Belgium’s Current Affairs

1. Stricter Immigration Policies

In early 2025, the Belgian government introduced 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 in a decade. 

These changes have led to a rising number of cross-border immigrants who need to send money back home. With Panda Remit, users can send money easily and affordably, avoiding high fees typically charged by traditional banks.

2. Customs Reforms and Cross-Border Payments

Belgium’s recent customs reforms have streamlined cross-border trade and, consequently, cross-border payments. With the introduction of the New Computerized Transit System (NCTS) Phase 5 in January 2025, customs procedures have been modernized, impacting the way individuals and businesses handle cross-border transactions. 

These changes in customs policies have led many individuals to seek faster, more cost-effective solutions for transferring funds internationally. Panda Remit, with its low fees and real-time exchange rate monitoring, is the ideal solution for such needs.

Panda Remit: The Most Cost-Effective Currency Exchange Platform

When it comes to cross-border remittance, fees and exchange rates play a vital role. Panda Remit offers a major advantage over traditional platforms with its low fees and high exchange rates, making it the preferred choice for remittance from Belgium.

• Low Fees: Compared to banks and other services, Panda Remit typically offers up to 70% lower fees. For example, sending money from Belgian Euros to Polish Zloty is cheaper through Panda Remit than through traditional banks.

• Real-Time Exchange Rates: Panda Remit offers a real-time exchange rate feature, allowing users to track the latest rates and choose the best time to send money, ensuring they get the best deal.

• Convenient Transfers: Using Panda Remit’s app, users can easily complete a transfer in just a few simple steps, saving time and avoiding the hassles of traditional bank transfers.

How to Avoid Exchange Fraud?

Exchange fraud is a real concern when transferring money across borders. Panda Remit provides several features to prevent fraud:

• Certified Platform: Panda Remit is a certified platform that complies with international financial regulations, ensuring that all transactions are legitimate and safe.

• Encryption Technology: All transactions are encrypted, providing a secure environment for your money transfers.

• 24/7 Customer Support: Panda Remit’s customer support is available at all times to assist users with any issues they might encounter.

How to Get Started with Panda Remit?

Starting with Panda Remit is easy. Here’s how you can get started:

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 and provide necessary identity details.

3. Choose Your Remittance Option: Enter the amount to be sent and the recipient’s details.

4. Check Real-Time Exchange Rates: Ensure you are getting the best rates for your transaction.

5. Complete the Transfer: Choose your payment method and track your transfer in real-time.

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

Panda Remit not only provides the most cost-effective solution for cross-border remittance, but also offers new users a fee-free first transfer! Register for Panda Remit now and enjoy hassle-free remittance with low fees and high security.

Register now and enjoy zero fees on your first transfer!