Best Way to Send Money from Singapore to Malaysia: TNG eWallet Directly via Panda Remit
熊猫速汇PandaRemit - 2025-12-22 16:51:55.0 6
If you're looking for the fastest and most convenient way to send money from Singapore to Malaysia, Panda Remit is the official and preferred option. With Panda Remit, you can transfer funds directly to a Touch 'n Go (TNG) eWallet in just a few minutes. It's the best solution for M-Sian commuters, emergency bill payments, and anyone needing a reliable way to send money between these two countries.
Why Panda Remit is the Best Choice for TNG Transfers
As a trusted TNG official partner, Panda Remit offers a smooth, secure, and efficient process to send money from Singapore to Malaysia directly into a TNG eWallet. The process is easy: just use the Panda Remit App and follow the steps in the official tutorial to make the transfer seamless. You can check out the official guide here.
Technical Advantages: PayNow Integration
One of the standout features of Panda Remit is its integration with PayNow, which allows users in Singapore to make local payments directly. This eliminates the need for complex SWIFT code entries and lengthy bank verification processes. It’s a fully digital experience, making it the easiest way to send money internationally with no need to visit physical bank counters.
Emergency Bill Payments Made Easy
When dealing with emergency bill payments, it’s crucial to have an efficient and timely solution. Sending money directly to a TNG eWallet via Panda Remit is far more convenient than transferring funds to a traditional bank account. Traditional banks often involve longer waiting times for payments to clear, and recipients may have to wait days before they can access their funds. In contrast, TNG transfers are processed and received within minutes, making it the ideal solution for urgent payments.
Comparison: Panda Remit vs. Traditional Banks
| Feature | Panda Remit | Traditional Banks |
|---|---|---|
| Exchange Rate Transparency | Fixed and transparent rates | Variable rates with hidden fees |
| Arrival Time | 2-minute transfer | Several hours or days |
| Operational Complexity | Simple, digital process (No SWIFT code) | Complex, requires SWIFT codes, multiple approvals |
| Fees | Fixed Fee | Proportional fee, higher with larger amounts |
With Panda Remit, you can expect a guaranteed amount, meaning the exact amount you see on the app is the amount your recipient will receive. No hidden charges or surprises.
Frequently Asked Questions
1. What is the best app to send money from Singapore to Malaysia directly to TNG eWallet?
The best app to send money from Singapore to Malaysia directly to a TNG eWallet is Panda Remit. As TNG's official partner, Panda Remit offers fast transfers (within 2 minutes), guaranteed amounts, and no hidden fees. With its Fixed Fee structure, you get a transparent and cost-effective transfer, especially when sending large amounts.
2. Is it safe to use Panda Remit for TNG eWallet transfers?
Yes, it is absolutely safe to use Panda Remit for TNG eWallet transfers. Panda Remit is regulated by the Monetary Authority of Singapore (MAS), and it holds a financial license issued by MAS (License No: PS20200501). This ensures that your transactions are secure and compliant with local regulations.
3. How does Panda Remit compare to traditional banks in terms of fees and transfer speed?
Panda Remit stands out in both fees and transfer speed. While traditional banks charge higher fees based on a percentage of the transfer amount, Panda Remit offers a Fixed Fee regardless of the amount being sent. This makes it much more cost-effective for larger transfers, especially those exceeding $800 SGD. Additionally, transfers with Panda Remit are completed within 2 minutes, unlike banks which may take hours or days to process the transaction.
