EUR to MYR Transfers from the Netherlands — Best Methods, Exchange Strategies & Panda Remit Advantage
Benjamin Clark - 2025-07-16 17:50:51.0 18
1. Dutch Policy Updates Impacting Cross-Border Transactions
Since early 2025, the Netherlands has implemented:
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A 5% increase in import tariffs on select Asian goods, affecting products from Malaysia.
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Extended immigration and visa processing times for foreign nationals, including Malaysian students and workers.
These changes make compliant, efficient personal foreign exchange (FX) services more important than ever.
Latest EUR/MYR Exchange Trends:
According to De Nederlandsche Bank (DNB) and Bank Negara Malaysia (BNM):
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EUR to MYR fluctuations reached approximately 8% in H1 2025.
-
Bank remittance fees range from €10–€25, with transfer times up to 5 business days.
2. How to Exchange Euros for Malaysian Ringgit in the Netherlands
Below are the most common legal FX methods:
|
Method |
Main Features |
Fee Reference |
Transfer Time |
|---|---|---|---|
|
Dutch Banks |
ING, ABN AMRO |
€10–€25 per transfer |
1–5 business days |
|
Malaysian Banks |
Maybank, CIMB |
Total €15–€30 for both sides |
2–5 business days |
|
Panda Remit |
Personal Use Only (Tuition & Fees) |
€0–€2 (First Free) |
Avg. 10 min, as fast as 2 min |
3. Why Panda Remit: Low Fees, Global Bank & E-Wallet Support
When choosing a remittance platform, focus on:
-
Transparent rates
-
Fast transfer speed
-
Global account coverage
|
Feature |
Panda Remit |
Traditional Banks |
|---|---|---|
|
Transfer Fee |
€0–€2 (First Free) |
€10–€25 |
|
Exchange Rate |
Real-time, lowest spread |
Variable + hidden fees |
|
Supported Accounts |
Global Banks + E-Wallets (e.g., Touch 'n Go eWallet) |
Bank Accounts Only |
|
Transfer Speed |
Avg. 10 min, as fast as 2 min |
1–5 business days |
|
Access Method |
App Only |
Online or Branch |
According to the 2025 International Cross-Border Remittance Report:
Using Panda Remit helps save 3%–5% on each transfer compared to traditional banks.
4. How to Use Panda Remit for EUR to MYR Transfers
1. Sign up → https://www.pandaremit.com/zh/chn/register
2. Download the Panda Remit app and complete identity verification;
3. Select EUR to MYR, input your amount and check real-time rates;
4. Add recipient details — Malaysian bank account or wallet supported;
5. Submit and track your transfer live.
Call to Action:
Don’t let high bank fees eat into your funds—make smart FX transfers with Panda Remit!
Register with Panda Remit now and enjoy your first transfer fee-free!
