Key Facts and Figures
- 40+ countries supported
- Popular destination currencies supported.
Panda Remit
Panda Remit is a Hong Kong based digital remittance company that specializes in providing efficient and secure money transfer services. Panda Remit services are available as an app or on their webpage.
Mission Statement
Say goodbye to slow, expensive traditional bank transfers. Many individuals opt for online avenues to facilitate international money transfers. Within this evolving landscape, Panda Remit [...]
Say goodbye to slow, expensive traditional bank transfers.
Many individuals opt for online avenues to facilitate international money transfers. Within this evolving landscape, Panda Remit stands out as a superior choice, offering a seamless online remittance process that is fast and secure and translates to significant cost savings for its users.
Q and A Selection
Q: “How much can I remit?” A: The current PandaRemit Remittance limit is a minimum of 100 Australian dollars, the highest is 3999 Australian dollars; [...]
Q: “How much can I remit?”
A: The current PandaRemit Remittance limit is a minimum of 100 Australian dollars, the highest is 3999 Australian dollars; PandaRemit has no upper limit on the number and amount of remittances. If you need large remittances, you can split multiple remittances. However, according to the regulations of the Chinese and Australian governments, Payee: According to China’s foreign exchange regulations, Chinese residents can receive up to US$50,000 in remittances per year. And the settlement of RMB into the RMB must also meet the individual annual facilitation quota management requirements.
Q: “What payment method can I use to send money?”
A: You can choose Poli Payment to pay the remittance funds (how to use Poli Payment, see below). Click “Submit Order” will automatically jump to the Poli payment interface, Poli pays for the payment experience with you using Alipay, The PayPal payment experience is similar.
Additional FAQ: https://www.pandaremit.com/en/aus/helpCenter
Compliance and Legal Info
Regulated in many countries and jurisdictions: Australia – iTransfer Australia PTY LTD. is registered with AUSTRAC as the Remittance service provider. License No.: ABN 38636239131 [...]
Regulated in many countries and jurisdictions:
- Australia – iTransfer Australia PTY LTD. is registered with AUSTRAC as the Remittance service provider. License No.: ABN 38636239131
- New Zealand – Financial Markets Authority New Zealand hitech new zealand limit. License No.: FSP1003387
- Japan – This business license is issued by Sekito Finance Bureau on March 9, 2000 for the transfer of funds within Japan and the transfer of foreign exchange of funds abroad. Personal remittance business within and outside Japan is permitted. License No.: 関东财务局第00079号
- Singapore – Wotransfer PTE LTD is licensed by the Monetary Authority of Singapore (MAS) to operate the business of the Account Issuance Service and the Cross-border Money Transfer Service. License No.: PS20200501
- China (Hong Kong) – Wo Transfer (HK) Limited is regulated by the Customs and Excise Department (C&ED) and licensed as a Money Service Operator (MSO). License No.: 20-01-02962
- European Economic Area – In the EU, Panda Remit is provided by Nextpls UAB. Nextpls UAB is the agent of Panpay UAB (EMI, an electronic money institution authorized by the Bank of Lithuania under the Electronic Money Regulations), listed on the public register of the official website of the Bank of Lithuania, authorized to conduct remittance services in Europe. License No.: 3056689
- Canada (Excluding Quebec) – Wo Transfer Canada Ltd. is registered with the Canadian Transactions and Reports Analysis Centre (FINTRAC) as a Money Services business provider, registration number M20154378. License No.: M20154378
- United States (Multiple states) – WoTransfer Fintech Inc.has registered with the Financial Crimes Enforcement Network (FinCEN). License No.: 31000131446099
- United States (Georgia) – WoTransfer Fintech Inc. holds the state’s remittance license. License No.: 72518
- United States (Idaho) – WoTransfer Fintech Inc. holds the state’s remittance license. License No.: MTL-286
- United States (Illinois) – WoTransfer Fintech Inc. holds the state’s remittance license. License No.: MT.0000410
- United States (Kansas) – WoTransfer Fintech Inc. holds the state’s remittance license. License No.: MT.0000192
- United States (Michigan) – WoTransfer Fintech Inc. holds the state’s remittance license. License No.: MT0023342
- United States (Mississippi) – WoTransfer Fintech Inc. holds the state’s remittance license. License No.: 1954471
- United States (North Dakota) – WoTransfer Fintech Inc. holds the state’s remittance license. License No.: MT103746
- United States (South Dakota) – WoTransfer Fintech Inc. holds the state’s remittance license. License No.: 1954471.MT
- United States (Tennessee) – WoTransfer Fintech Inc. holds the state’s remittance license. License No.: 1954471
- United States (Washington) – WoTransfer Fintech Inc. holds the state’s remittance license. License No.: 550-MT-131312
- United States (Wyoming) – WoTransfer Fintech Inc. holds the state’s remittance license. License No.: 7293