As globalization continues to grow, more and more people are sending money across borders, especially Finnish students studying in Hong Kong. With increasing remittance demands, how to choose the most cost-effective way to send money becomes a crucial concern. Particularly, in the case of EUR to HKD remittance from Finland, it’s important to save every penny by choosing the right platform.

Current Trends: Hong Kong's Economic Recovery and Exchange Rate Fluctuations

In 2025, Hong Kong's economy is slowly recovering, attracting more international students and foreign investments. However, the Hong Kong government has tightened foreign exchange control policies, increasing the scrutiny on cross-border money flows. This has resulted in some remittance platforms raising fees or even imposing transfer limits, making it more expensive for Finnish families supporting their children studying in Hong Kong.

As of July 2025, the exchange rate is approximately 1 EUR ≈ 8.5–8.7 HKD, but traditional banks or remittance platforms like Wise have significant differences in fees, leading to a lower-than-expected amount received.

Fee Comparison: Wise vs Panda Remit

Here’s a comparison for transferring €1,000 from Finland to Hong Kong:

 Source: Panda Remit real-time exchange rates + Wise fee comparison (July 2025)

As shown, Panda Remit charges only 1/3 of the fees compared to Wise, and offers faster transfers completed in as little as 2 minutes, making it a preferred platform for users.

Why Choose Panda Remit?

Panda Remit offers the following advantages in cross-border remittance:

•  Instant exchange: Check live exchange rates and send money instantly via the app.

•  Real-time transfer tracking: You can track your transfer’s status in real-time, ensuring transparency and safety.

•  Low fees, fast transfers: Panda Remit offers lower fees and faster transfers than traditional banks and other platforms.

•  High security: Panda Remit complies with international financial regulations and uses bank-level encryption to protect your money and personal information.

 How to Use Panda Remit?

1. Download the Panda Remit app, sign up, and complete verification.

2. Check real-time exchange rates and confirm the amount to send.

3. Enter recipient details and click send to complete the transfer.

4. Track your transfer in real-time through the app.

Conclusion: Panda Remit—The Smartest Way to Send Money from Finland to Hong Kong

For families sending money for tuition, living expenses, or any other cross-border needs, Panda Remit offers a faster, cheaper, and safer remittance solution. Compared to Wise, Panda Remit offers lower fees, faster transfers, and real-time transfer tracking, making it the best choice for your international money transfers.

Sign up now to enjoy your first fee-free transfer