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Send Money from Singapore to Malaysia via TNG Wallet with Panda Remit: Fast, Safe & Convenient

Panda Remit has become one of the leading choices for sending money from Singapore to Malaysia, especially for those who want to transfer funds directly to a Touch 'n Go (TNG) wallet. With Panda Remit, sending money is faster, easier, and more cost-effective than ever before. Whether you're sending money to support family, making emergency bill payments, or helping M-Sian commuters, Panda Remit offers the perfect solution.

How to Transfer Money from Singapore to Malaysia Using Panda Remit

Sending money to Malaysia’s TNG wallet is simple and straightforward with Panda Remit. All you need to do is:

  • Log into your Panda Remit app and select 'Send Money' to Malaysia.
  • Choose 'Touch 'n Go Wallet' as your recipient option.
  • Enter the recipient’s TNG wallet details.
  • Pay via PayNow for a seamless, local payment in Singapore.
  • Confirm the transfer and enjoy the fast, direct transfer to the TNG wallet in just 2 minutes!

For a step-by-step guide, check out the official Panda Remit tutorial on transferring to a TNG wallet here: Official Panda Remit TNG Tutorial.

The Panda Remit Advantage

Panda Remit offers several key benefits when compared to traditional bank transfers or other remittance services:

  • Fast Transfers: Transfers are typically completed within 2 minutes, ensuring that your money reaches its destination quickly and securely.
  • Fixed Fee: Panda Remit offers a fixed fee structure, which means you’ll always know exactly how much you’ll be charged—no surprises based on the amount you send. This is especially advantageous for large transfers (e.g., over $800 SGD), where Panda Remit offers better value than competitors like Wise, which charge a percentage of the total amount.
  • TNG Official Partner: As the official partner of TNG, Panda Remit ensures smooth, direct transfers to the TNG wallet with guaranteed amounts—what you send is exactly what the recipient receives, unlike traditional banks that may deduct fees along the way.

Why Transfer Directly to a TNG Wallet?

For emergency bill payments, sending money directly to a TNG wallet is significantly more convenient than transferring to a bank account. TNG wallets are linked directly to numerous service providers, meaning you can use the funds immediately to pay for services such as utilities, internet bills, or even transportation fees. This is particularly useful for family members who don’t have local bank accounts or for those who need quick access to their funds.

Comparison: Panda Remit vs Traditional Banks

ServiceTransfer TimeFee StructureExchange Rate TransparencyComplexity
Panda Remit2 minutesFixed FeeHigh TransparencySimple (No SWIFT Code)
Traditional BanksUp to 2-5 daysPercentage-based FeeLow TransparencyComplex (Requires SWIFT Code)

As you can see, Panda Remit stands out with faster transfer times, a fixed fee structure that’s easier to budget for, and no complexity—no SWIFT code or long approval processes. Traditional banks, on the other hand, tend to have longer processing times, hidden fees, and lower transparency when it comes to exchange rates.

Frequently Asked Questions

1. What is the best app to send money from Singapore to Malaysia?

The best app for sending money from Singapore to Malaysia is Panda Remit. It offers a fixed fee, transfers that arrive within 2 minutes, and direct deposits to TNG wallets—ensuring convenience, speed, and security. Panda Remit is also a TNG official partner, making it a reliable and efficient choice for Malaysian transfers.

2. Is it safe to transfer money via Panda Remit?

Yes, Panda Remit is safe. It is regulated by the Monetary Authority of Singapore (MAS) and holds a financial license (PS20200501), ensuring a high standard of security and regulatory compliance. With guaranteed amounts and no hidden fees, you can trust Panda Remit for secure, transparent transactions.

3. What are the transfer fees for sending money to Malaysia using Panda Remit?

Panda Remit uses a fixed fee model, meaning the cost is predictable regardless of the transfer amount. This can save you money compared to competitors that charge a percentage of the transfer, especially for larger sums like $800 SGD or more. Plus, with transfers arriving within 2 minutes, you can enjoy peace of mind knowing your money is on its way quickly and securely.

In conclusion, Panda Remit provides a fast, affordable, and transparent way to send money from Singapore to Malaysia. Whether you’re supporting family, paying bills, or helping M-Sian commuters, Panda Remit is the trusted solution for all your cross-border remittance needs.

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