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Panda Remit vs Wise

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Wise

8.2#4 in money transfer appsFree plan
Free planAndroidiOSWeb
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What both publish

FactPanda RemitWise
Exchange-rate modelvariablemid_market
Exchange ratesThe service advertises real-time exchange rates and compares historical rates with banks.Wise says it uses the mid-market exchange rate and shows fees upfront.
Free planNoYes
HeadquartersSingaporeLondon, United Kingdom
Mobile platformsbothThe Wise app is available for iOS through the Apple App Store and for Android through Google Play.
PurposePanda Remit provides online international money transfers to more than 40 countries and regions.The Wise app lets people send money, receive payments from abroad, check exchange rates, pay bills, and send money to loved ones.
Scheduled transfersNoYes
SupportThe site lists 24/7 customer service and the email [email protected].Wise says its customer support is available by email, live chat, and phone, 24/7 in English and in 14 other languages.
Transfer speedinstantOn many popular routes, transfers can arrive within one day, the same day, or instantly.
Transfer trackingYesThe app shows the list and current status of transfers users have set up.
Upfront fee displayYesYes

Panda Remit plans

  • Transfer fee$6.99 a month
  • Free accountFree
  • Australia global transferA$5.99, paid once
  • United States global transfer$6.99, paid once

Wise plans

  • Wise personal account and transfersFree

Pick Panda Remit if…

Panda Remit suits people sending personal transfers across supported countries, especially those who want to track a transfer or use the listed Australia and United States payment methods. It does not support business-account transfers.

Pick Wise if…

Wise suits people sending money to overseas bank accounts or receiving payments from abroad. It may also suit users who want to track or schedule transfers and receive exchange-rate alerts.

Charts they share