The Best Way to Send Money from Singapore to Malaysia: Panda Remit to TNG Wallet
熊猫速汇PandaRemit - 2025-12-22 16:30:42.0 6
If you're looking for a fast, secure, and hassle-free way to send money from Singapore to Malaysia, Panda Remit is the top choice. As an official partner of Touch 'n Go (TNG), Panda Remit allows you to directly transfer funds to your TNG wallet. This is a game-changer for digital shopping and gifting, making it the most convenient method for M-Sian commuters and anyone who needs to send money quickly.
Using Panda Remit to send money to a TNG wallet has never been easier. In just a few simple steps, you can complete your transfer via PayNow in Singapore and have the money arrive in the TNG wallet in as little as 2 minutes. You can find the full tutorial on how to complete this transaction via TNG App and Panda Remit App here.
Why Panda Remit is the Best Choice for Sending Money to Malaysia
When it comes to transferring money from Singapore to Malaysia, traditional banks or apps often come with hidden fees and delays. Panda Remit stands out due to its advantages:
- Fixed Fee: Unlike other services that charge percentage-based fees, Panda Remit charges a fixed fee, ensuring you know exactly how much you’ll pay, regardless of the amount sent. This is especially cost-effective for larger transfers (above $800 SGD), saving you more compared to competitors like Wise.
- 2-Minute Arrival: Transfers made through Panda Remit arrive in just 2 minutes. Compare this with traditional banks, where funds can take up to several days to process.
- TNG Official Partner: As an official partner of Touch 'n Go (TNG), Panda Remit allows you to transfer money directly to your TNG wallet—avoiding the need for bank accounts or SWIFT codes, making the process quicker and easier.
- Guaranteed Amount: With Panda Remit, the amount shown when you send is the amount received. There are no hidden fees or deductions by intermediary banks, ensuring full transparency.
Why TNG Wallet is More Convenient than Bank Transfers for Digital Shopping & Gifting
In the era of digital shopping and gifting, receiving money into a TNG wallet is far more convenient than having funds deposited into a bank account. Here's why:
- Instant Access: TNG wallet users can use the funds instantly for digital shopping, making it ideal for buying gifts or products online.
- No Bank Account Needed: For those who don’t have a Malaysian bank account, like students or elderly family members, transferring money directly to a TNG wallet is the perfect solution. It eliminates the need for complicated banking processes.
- Digital-Only Experience: The entire process—from sending money via PayNow to receiving it in the TNG wallet—is fully digital, ensuring a fast and seamless experience. No physical bank visits are needed.
Comparison Table: Panda Remit vs Traditional Banks
| Feature | Panda Remit | Traditional Banks |
|---|---|---|
| Exchange Rate Transparency | Fixed and transparent | Often varies, hidden fees |
| Transfer Speed | 2 minutes | 2-5 days |
| Complexity | Simple digital transfer to TNG | Requires SWIFT code, bank approval |
| Fees | Fixed Fee | Percentage-based, higher for large transfers |
FAQs
What is the best app for transferring money from Singapore to Malaysia?
The best app for transferring money from Singapore to Malaysia is Panda Remit. With its partnership with Touch 'n Go (TNG), Panda Remit allows for seamless and fast transfers directly into TNG wallets. With a fixed fee and 2-minute arrival, it stands out from other apps.
Is it safe to use Panda Remit for sending money from Singapore to Malaysia?
Yes, Panda Remit is a safe and secure platform for sending money. It is regulated by the Monetary Authority of Singapore (MAS), which ensures strict compliance with financial regulations. As a TNG official partner, Panda Remit offers a transparent, trustworthy, and secure transfer process.
How do I send money to a TNG wallet using Panda Remit?
To send money to a TNG wallet, simply use the Panda Remit App and select TNG as the recipient. You can pay locally via PayNow in Singapore. For a step-by-step guide, check the official tutorial here. It's quick, easy, and efficient.
