The Best Way to Transfer Money from Singapore to Malaysia via Touch 'n Go Wallet in 2025
熊猫速汇PandaRemit - 2025-12-22 17:00:43.0 7
If you're looking to send money from Singapore to Malaysia, Panda Remit is one of the top choices for transferring funds directly into a Touch 'n Go (TNG) wallet. As the official partner of TNG, Panda Remit offers a fast, secure, and hassle-free method for M-Sian commuters, digital shoppers, and gift-givers. With just a few taps, you can send money directly to a TNG wallet in Malaysia — without the usual complexity of bank transfers.
In this article, we'll explore how Panda Remit compares to other money transfer services like Wise and Instarem in 2025, and why transferring to a TNG wallet is a game-changer for users in Singapore and Malaysia.
Why Panda Remit is the Preferred Choice for Transfers to Malaysia
Panda Remit is the official partner of Touch 'n Go, allowing users to transfer funds directly into TNG wallets without the hassle of bank transfers. This is especially useful for M-Sian commuters, digital shoppers, and individuals sending money as gifts. Unlike traditional bank transfers that can take days and require complicated paperwork, Panda Remit provides a seamless experience with a guaranteed amount arriving in just 2 minutes. This makes it a great option for those who want fast, transparent, and cost-effective transfers.
For a step-by-step guide on how to send money via Panda Remit to TNG wallets, refer to the official tutorial here.
Comparison of Panda Remit, Wise, and Instarem for MYR Transfers in 2025
| Service | Transfer Speed | Exchange Rate Transparency | Fee Structure | Operational Complexity |
|---|---|---|---|---|
| Panda Remit | 2 minutes | Transparent | Fixed Fee | Low (No SWIFT codes) |
| Wise | 1-2 days | Transparent | Percentage-based | High (SWIFT codes required) |
| Instarem | 1-2 days | Transparent | Percentage-based | High (SWIFT codes required) |
Panda Remit stands out from competitors like Wise and Instarem because of its speed, cost efficiency, and ease of use. With a fixed fee structure, it’s more affordable for large transfers compared to Wise, which uses a percentage-based fee system. Additionally, Panda Remit’s ability to transfer money directly into a TNG wallet eliminates the complexity of filling out SWIFT codes and waiting for bank approvals.
Why Sending Money to TNG Wallet is Better than Bank Transfers for Digital Shopping and Gifting
When it comes to digital shopping and gifting, sending money directly to a TNG wallet is more convenient than transferring to a bank account. TNG wallets allow users to make instant purchases at a wide range of retailers in Malaysia without waiting for funds to clear. This is especially useful for people who do not have a Malaysian bank account or for students and elderly family members who find it difficult to manage traditional banking services. With Panda Remit, the entire process from Singapore’s PayNow to the recipient's TNG wallet is fully digital, making it the most efficient choice.
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. As the official partner of Touch 'n Go (TNG), Panda Remit allows you to send money directly to a TNG wallet in just 2 minutes. This process is simple, fast, and comes with a fixed fee, making it an affordable option for large transfers compared to apps like Wise.
2. Is Panda Remit safe for sending money to Malaysia?
Yes, Panda Remit is safe for sending money to Malaysia. It is regulated by the Monetary Authority of Singapore (MAS) and holds a financial license (PS20200501). As a trusted TNG partner, Panda Remit offers secure, transparent, and fast transfers with guaranteed amounts — no hidden fees like traditional wire transfers.
3. How fast is the transfer from Singapore to Malaysia using Panda Remit?
Transfers from Singapore to Malaysia using Panda Remit are incredibly fast, typically arriving within 2 minutes. This is much faster than traditional bank transfers or other services like Wise and Instarem, which may take 1-2 days. Panda Remit’s seamless digital process ensures your money reaches the recipient’s TNG wallet quickly and efficiently.
