I. Background: Policy Shifts and Exchange Rate Volatility

In recent years, cross-border remittances have become a daily necessity for many—especially those pursuing education or working abroad. Romania and Belgium, two EU countries with increasing economic integration, have witnessed rising volumes of personal remittances.

As of early August 2025, the Romanian Leu (RON) to Euro (EUR) exchange rate fluctuates near 1 EUR = 4.96 RON, according to the European Central Bank. For students studying in Belgium or workers supporting their families, the difference in rates and fees can mean a significant loss—or gain—when making international transfers.

II. TransferWise (Wise) – Still Popular but Not Perfect

TransferWise (Wise) remains a common choice for international remittances, known for its mid-market exchange rateand transparent fees. It requires users to prepare some basic ID documents and purpose-of-transfer information.

However, users have reported some downsides:

• Slower processing times in certain corridors;

• Extra intermediary bank charges;

• Limited mobile-first experience, with desktop-first flows that may not be ideal for younger users relying on smartphones.

III. Why Panda Remit is a Smart Alternative for Personal Transfers

Panda Remit, a fast-growing global remittance app, is now gaining traction as a cost-effective and user-friendly alternative to traditional bank transfers and platforms like Wise. Here's why:

1. Competitive Exchange Rates with Low Fees

Panda Remit offers real-time rates closely tracking the global market. For example, transferring 1,000 RON to Belgium can save users up to €20 compared to conventional banks—sometimes even more than €30.

2. Designed Exclusively for Personal Use

Unlike some platforms offering business remittances, Panda Remit focuses solely on personal needs—like tuition payments, living expenses, or family support—with clear compliance for each purpose.

3. App-Only Operations for Security & Convenience

All money transfer operations must be done via the Panda Remit App—there is no web interface. This mobile-first approach guarantees both ease of use and enhanced security for sensitive financial transactions.

4. Quick Transfers with Friendly Multilingual Support

Transfers are processed within minutes, and customer support is available in Romanian, English, Chinese, and more—ideal for first-time users or elderly family members unfamiliar with tech.

IV. What Documents to Prepare?

Before initiating your first transfer, make sure you have the following documents ready:

1. Valid ID (Passport, Residence Permit, etc.);

2. Transfer Purpose Document (e.g., university invoice, acceptance letter, family support declaration);

3. Recipient Bank Information in Belgium (Name, IBAN, Bank Code).

All documents can be uploaded within the App—no physical paperwork needed, no visits to the bank.

V.Trust Panda Remit for Safe and Efficient Transfers

Whether you're a student paying tuition in Belgium or a worker sending money home, Panda Remit offers a fast, secure, and cost-efficient solution.

With transparent fees, high exchange rates, and an easy-to-use App interface, it's ideal for anyone transferring money from Romania to Belgium in 2025 and beyond.

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