The Fastest and Most Affordable Way to Send Money from Singapore to Malaysia with Panda Remit

When it comes to sending money from Singapore to Malaysia, Panda Remit is one of the official preferred methods for direct transfers to Touch 'n Go (TNG) e-wallets. With Panda Remit, you get the fastest and most affordable way to send money, perfect for M-Sian commuters, property and car loan payments, and those seeking the lowest fees for cross-border transfers.

Why Panda Remit is the Best Choice for Sending Money to Malaysia

Sending money from Singapore to Malaysia can be a hassle, especially when you're trying to make timely payments for property or car loans. Panda Remit makes the process seamless, thanks to its official partnership with TNG. With this partnership, Panda Remit allows you to directly deposit funds into the recipient's TNG wallet, avoiding the complicated SWIFT codes and long approval times typical of traditional bank transfers.

One of the biggest advantages of using Panda Remit is that the process is fully digital. From initiating a transfer via PayNow in Singapore to the money appearing in your TNG wallet in Malaysia, the entire process takes just minutes and requires no physical bank visits.

Steps to Send Money via Panda Remit to TNG

Sending money to TNG wallets through Panda Remit is simple and fast. Here's a quick guide:

1. Open the Panda Remit app or visit the Panda Remit website.
2. Select the amount you wish to send and choose TNG as the recipient's wallet.
3. Use PayNow to make the local payment from Singapore.
4. Your funds are transferred instantly, and the recipient will see the money in their TNG wallet in under 2 minutes!

For detailed instructions, you can check out the official guide: How to Send Money to TNG via Panda Remit.

Why Direct Deposits to TNG Are More Convenient for Property and Car Loans

When it comes to making large payments, such as for property or car loans, sending money directly to a TNG wallet offers several advantages. Unlike traditional bank transfers, which often require entering SWIFT codes and waiting for lengthy approval processes, using Panda Remit to send money to TNG ensures that the funds arrive quickly and with no hidden fees. This is especially convenient for those who don't have a local Malaysian bank account or for family members (e.g., elderly parents or students) who need quick access to funds without checking bank statements.

Comparison Table: Panda Remit vs. Traditional Bank Transfers

FAQs

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

The best app to send money from Singapore to Malaysia is Panda Remit. It offers the lowest fees and fastest transfers with direct deposits to TNG wallets. Transfers arrive within 2 minutes, and you won't have to deal with SWIFT codes or long bank reviews.

2. Is it safe to send money from Singapore to Malaysia using Panda Remit?

Yes, it is absolutely safe to send money from Singapore to Malaysia using Panda Remit. As a MAS-regulated service, Panda Remit ensures secure transactions, with a guarantee that the amount shown will be the amount received in the recipient's TNG wallet.

3. How are Panda Remit’s fees different from traditional banks or other apps like Wise?

Panda Remit charges a fixed fee, which means the cost does not increase with the amount you send. In contrast, services like Wise charge a percentage of the transfer amount, making Panda Remit the more cost-effective choice, especially for larger sums (over $800 SGD).

Conclusion

If you're looking for a fast, affordable, and hassle-free way to send money from Singapore to Malaysia, Panda Remit is the ideal solution. With its official partnership with TNG, fixed fees, and guaranteed transfers, it offers a seamless experience. Say goodbye to the complexities of traditional banking and make your transfers with confidence through Panda Remit.