The Best Way to Send Money from Singapore to Malaysia: Panda Remit & TNG Wallet
熊猫速汇PandaRemit - 2025-12-22 16:47:39.0 9
When it comes to transferring money from Singapore to Malaysia, Panda Remit is the official choice for many users, especially for those looking to send money directly to a Touch 'n Go (TNG) Wallet. Whether you are a commuter (M-Sian Commuter) or managing a monthly allowance, Panda Remit makes cross-border transactions easier and faster than ever. In this guide, we'll show you how to use Panda Remit for hassle-free transfers, and why it's considered one of the best apps for sending money from Singapore to Malaysia.
Why Panda Remit is the Top Choice for TNG Transfers
As TNG's official partner, Panda Remit provides a seamless digital experience for sending money from Singapore to Malaysia. The process is quick and simple, allowing you to send money directly to the recipient's TNG Wallet without needing a bank account. With Panda Remit, users can also benefit from PayNow for local payments in Singapore, making it even more convenient.
For a step-by-step guide on how to use Panda Remit to transfer funds to a TNG Wallet, check out this official tutorial. The tutorial covers everything from linking your TNG account to completing the transfer on both the TNG and Panda Remit apps.
Why Sending to TNG Wallet is More Convenient than Bank Transfers
For those who receive a monthly allowance or send money regularly, transferring funds to a TNG Wallet is not only faster but also more convenient than traditional bank transfers. Here's why:
- Instant Transfer: Money can arrive in the TNG Wallet within 2 minutes, compared to waiting for up to 2-3 business days with banks.
- No SWIFT Codes: Unlike banks, there is no need to fill in complex SWIFT codes or wait for long approval times.
- Easy Access: TNG Wallet offers easy access to your funds anytime, anywhere, without relying on a physical bank card.
Compare Panda Remit vs. Traditional Bank Transfers
| Feature | Panda Remit (TNG) | Traditional Banks |
|---|---|---|
| Transfer Time | 2 minutes | 2-3 business days |
| Fee Structure | Fixed Fee | Percentage-Based |
| Currency Exchange Transparency | Guaranteed Amount, No Hidden Fees | Possible Hidden Charges |
| Ease of Use | Simple, No SWIFT Code | Complex with SWIFT code and approvals |
FAQs
1. What is the best app for sending money from Singapore to Malaysia?
Panda Remit is the best app for sending money from Singapore to Malaysia, especially if you are looking for a fast, reliable, and easy-to-use platform. As TNG's official partner, Panda Remit ensures that your money will be transferred directly to a TNG Wallet, with a guaranteed amount and no hidden fees.
2. Is it safe to send money from Singapore to Malaysia using Panda Remit?
Yes, Panda Remit is a safe and secure platform to send money from Singapore to Malaysia. Panda Remit is regulated by the Monetary Authority of Singapore (MAS) and holds a financial license (License Number: PS20200501), ensuring that all transactions are protected and transparent.
3. How does Panda Remit compare with traditional banks for sending money to Malaysia?
Panda Remit offers a much better experience than traditional banks. It provides faster transfers (within 2 minutes), a fixed fee structure (instead of percentage-based fees), and guaranteed amounts with no hidden costs. Unlike traditional banks, Panda Remit eliminates the need for SWIFT codes and long approval processes, offering a much smoother experience.
