1. Growing Demand for Cross-Border Remittances Between Romania and Estonia

As the EU's free movement policies continue to boost cross-border migration, more Romanians are moving to Estonia for work, study, or long-term residence. According to Eurostat 2025, the number of Romanians living in Estonia has increased by over 20% in recent years, driving up the demand for cross-border remittances.

Whether for tuition payments, living expenses, or family support, many Romanians rely on remittances to send money to loved ones in Estonia. However, traditional banks and remittance platforms are often inefficient, with high fees, slow processing times, and complex procedures.

2. The Pain Points of Traditional Remittance Methods: High Fees and Slow Processing

While Wise (formerly TransferWise) has become a popular solution for many, it still comes with its own set of drawbacks:

• High Fees: Banks charge around €20–€30 per transfer, and while Wise is cheaper, it still doesn’t offer the lowest fees in the market.

• Opaque Exchange Rates: Many banks and platforms offer less-than-transparent exchange rates, reducing the amount your recipient receives.

• Slow Transfers: Even with Wise, transfers often take 1–2 business days, which is much slower compared to some digital solutions.

As more users look for affordable and efficient alternatives, Panda Remit is emerging as the new leader in cross-border payments.

3. Panda Remit: A New Option for Cross-Border Remittances – 1/10th the Fee of Traditional Methods

Compared to traditional remittance methods and Wise, Panda Remit offers a more flexible, efficient, and cost-effective solution for personal cross-border payments. Especially for RON to EUR transfers from Romania to Estonia, Panda Remit’s low fees, real-time rates, and fast transfers make it the preferred choice.

Fees as Low as 1/10th of Traditional Transfers

Panda Remit's fees are significantly lower than banks and Wise. Instead of paying €25–€30 with a traditional bank, you only pay around €2 with Panda Remit, helping you save a significant amount of money.

Real-Time Exchange Rates Ensure the Best Value

Panda Remit provides real-time exchange rates, so you know exactly how much your recipient will receive before you confirm the transfer. This ensures you’re getting the most competitive rates for your money.

Transfers in as Fast as 2 Minutes

While traditional banks and platforms can take several days, Panda Remit offers transfers in as little as 2 minutes, so your loved ones can get the money they need faster.

App-Based, Hassle-Free Remittance

All transfers are done through the Panda Remit app, making it easy to send money anytime, anywhere. No need to visit a bank or wait in long queues.

4. How to Use Panda Remit: Just 3 Easy Steps

1. Download the Panda Remit app, register, and verify your identity;

2. Enter transfer details, including amount and recipient name;

3. Confirm the transfer and pay—your money will typically arrive within 2 minutes.

Simple, fast, and transparent, Panda Remit makes cross-border remittances easier than ever.

5. Panda Remit – The Ideal Solution for Cross-Border Payments

As global connectivity increases, cross-border remittances are no longer a complicated or time-consuming process. Panda Remit offers low fees, real-time rates, and fast transfers, providing users with a smarter, more efficient way to send money across borders.

Sign up for Panda Remit today and enjoy zero fees on your first transfer！