1. Economic Context: Lower Inflation in Norway, Stable RMB Outlook

As Norway’s inflation shows signs of slowing in mid-2025, with its central bank pausing rate hikes, the exchange rate between the Norwegian Krone (NOK) and Chinese Yuan (RMB) has become more favorable for overseas remittances.

Meanwhile, China has tightened its capital control policies for individual remittances, especially for tuition and living expenses. As traditional banks remain costly and slow, more people are switching to faster and more affordable digital solutions.

2. Wise or Panda Remit? Rethinking Your Go-To Remittance App

Many users default to Wise (formerly TransferWise) for international transfers. While it works well in many markets, it faces limitations in China, particularly around local wallet payouts such as Alipay and WeChat.

This is where Panda Remit shines. Designed specifically for personal use cases like education fees or family support, Panda Remit offers a more localized experience tailored for users sending money from Norway to China.

Better exchange rate for NOK to RMB – typically more competitive than Wise or banks
Super fast delivery – as quick as 2 minutes for some transactions
Transparent, low fees – with first transfer free
Full compliance & financial security – regulated across multiple jurisdictions

3. App-Only Transfers, But With Powerful Features

Keep in mind: All transfers must be completed via the Panda Remit mobile app. The website supports only auxiliary functions such as checking rates or transfer progress. This ensures smoother, safer, and more personalized services.

Receivers can choose among multiple payout methods — bank accounts, WeChat, Alipay, eSewa, Touch N Go, etc. — making it convenient and fast for users across more than 40 countries and regions.

4. Real Use Case: Li’s Tuition Transfers from Oslo

Li, a Chinese graduate student in Oslo, used to send his tuition money through his Norwegian bank. But the fees exceeded 300 NOK each time, and it took days to arrive.

Wise offered slightly better rates, but didn’t support Alipay payouts. Finally, Li tried Panda Remit. Not only did he get a better exchange rate, but his mom received the money via WeChat in less than 5 minutes.

“It felt like I was sending money within China,” Li said.

5. Bottom Line: Save Time, Save Money, Stay Secure

For anyone living in Norway and needing to send money to China — whether for family support, education, or personal needs — choosing the right remittance service matters.

Panda Remit combines speed, savings, and security for the best user experience.

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