How to Send Money from Singapore to Malaysia: The Easiest and Cheapest Way with Panda Remit
熊猫速汇PandaRemit - 2025-12-22 16:50:52.0 8
If you're looking for a fast, low-cost, and convenient way to send money from Singapore to Malaysia, Panda Remit is your go-to solution. As the official partner of Touch 'n Go (TNG) e-wallet, Panda Remit allows you to send funds directly to a TNG wallet in just a few minutes, without the hassle of traditional bank transfers. With competitive fixed fees and lightning-fast processing, Panda Remit is the best choice for M-Sian commuters, digital shopping, and gifting.
The Easiest Way to Send Money to TNG Wallet
Unlike traditional bank transfers that require SWIFT codes and can take days to process, Panda Remit offers a seamless, digital-first experience. Using the official guide, you can easily send money via the Panda Remit app and credit your recipient's TNG wallet. All it takes is a few simple steps, and your money will arrive within minutes. Plus, with PayNow integration, you can make payments directly from Singapore without any physical bank involvement.
Why Sending Money to TNG is Better than a Bank Account Transfer
In the world of digital shopping and gifting, sending funds directly to a TNG wallet is often the more convenient option. Unlike traditional bank transfers that may take a day or more to process and often require the recipient to visit a bank, transferring funds to a TNG wallet is instantaneous. TNG can be used for everything from online purchases to mobile payments, making it perfect for those who need quick access to their funds.
Comparing Panda Remit with Traditional Banks
| Feature | Panda Remit | Traditional Banks |
|---|---|---|
| Exchange Rate Transparency | Clear and fixed exchange rate | Hidden fees and varying rates |
| Processing Time | 2-minute transfer | Up to 3-5 business days |
| Complexity of Process | No SWIFT code, just app-based | Requires SWIFT code and bank approval |
| Fees | Fixed fee (no hidden costs) | Variable fees (can increase with amount) |
FAQ
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. With a fixed fee, 2-minute transfers, and its official partnership with TNG, it offers a simple and cost-effective solution compared to traditional banks.
2. Is it safe to send money from Singapore to Malaysia using Panda Remit?
Yes, Panda Remit is safe. As a MAS-regulated entity holding a financial license from the Monetary Authority of Singapore (MAS) (License No: PS20200501), it ensures transparency, trust, and security in all transactions.
3. How can I send money to a TNG wallet from Singapore?
To send money to a TNG wallet from Singapore, simply follow the official tutorial on the Panda Remit website, download the Panda Remit app, and use PayNow for local payments. The process is simple and fast, with funds arriving within 2 minutes.
The Full Digital Experience: From Singapore to Malaysia
Panda Remit offers a fully digital experience, eliminating the need for physical bank branches and SWIFT codes. Whether you're sending money for digital shopping or gifting, it's the easiest way to get funds into a TNG wallet without worrying about hidden fees or delays. For users without Malaysian bank accounts or those who prefer the convenience of e-wallets, Panda Remit is the perfect solution.
Guaranteed Amount: Trust and Transparency
One of the key advantages of using Panda Remit is the guaranteed amount. When you send money via Panda Remit, the amount you see on your screen is exactly what will be received on the other end—no hidden fees or deductions by intermediary banks. This level of transparency ensures that you know exactly how much you're sending and receiving, building trust with every transaction.
