Global Shifts Are Reshaping the Remittance Market

The United Kingdom’s post-Brexit adjustments—ranging from tightened immigration controls to updated customs tariffs—are pushing more individuals to manage international finances smartly. As tuition payments, family support, and overseas living costs rise, the demand for GBP to USD transfers is higher than ever.

While platforms like Remitly, which supports global bank accounts and major wallets, are popular, many users are now seeking better value. Hidden charges, slower speeds, and inflexible exchange rates are common complaints—leading savvy users toward faster and cheaper alternatives like Panda Remit.

The True Cost of Using Remitly

Remitly advertises both economy and express transfer options, but there are trade-offs:

• Transfer fees ranging from £2.99 to £7.99, depending on speed

• Exchange rate markups between 1.5% and 3%, lowering the final amount received

• Delays of 1–3 business days for non-express services

These extra charges add up—especially if you transfer money frequently or in large amounts.

Panda Remit: The Modern Solution for GBP to USD Transfers

If you want to exchange without leaving home and avoid unnecessary costs, Panda Remit offers a feature-rich and user-friendly alternative. Designed solely for personal use, it prioritizes transparency, efficiency, and customer trust.

Low Fees

Enjoy zero fees on your first transfer, and benefit from low pricing even afterward.

Competitive GBP to USD Rates

Panda Remit uses near mid-market exchange rates, significantly beating bank rates and most competitors.

100% App-Based for Convenience

All transactions are done securely through the Panda Remit mobile app, with no need to visit a bank or store.

Supports Global Bank Accounts and Major Wallets

Panda Remit enables recipients in the U.S. to receive funds directly into their bank accounts or popular wallets, just like Remitly—but with faster speed and better value.

Ultra-Fast Transfers

Most GBP to USD transfers arrive in as little as 2 to 10 minutes, far quicker than traditional methods.

Comparison: Panda Remit vs. Remitly (2025)

Source: Official pricing and terms from Panda Remit and Remitly, July 2025.

Make the Switch — Save More and Stress Less

In a fast-paced world, your money should move as quickly and efficiently as you do. Whether you're sending funds for education, personal needs, or global responsibilities, Panda Remit makes GBP to USD transfers simple, fast, and affordable.

Register with Panda Remit now and enjoy your first transfer with zero fees!