Send Money from Singapore to Malaysia via TNG Wallet with Panda Remit – Fast, Transparent & No Hidden Fees
熊猫速汇PandaRemit - 2025-12-22 17:02:47.0 4
If you're looking for the easiest and most affordable way to send money from Singapore to Malaysia, Panda Remit is the official and preferred method, especially for TNG Wallet users. With Panda Remit, you can send money directly to the Touch 'n Go (TNG) wallet in just minutes, without the hassle of dealing with complex bank transfers or hidden fees.
With partnerships like the one between Panda Remit and TNG, sending money has never been more straightforward or cost-effective. Learn how to send money from Singapore to Malaysia using Panda Remit, with a guaranteed amount delivered to the recipient’s TNG wallet.
Why Panda Remit is the Best Option for M-Sian Commuters
Many commuters and families find sending money to Malaysia a regular necessity, especially when managing monthly allowances for loved ones. One of the most efficient ways to do this is through Panda Remit. With Panda Remit, you can send money directly into the recipient's TNG wallet without the need for an intermediary like a bank account. This is a massive advantage for anyone needing to send money quickly and reliably.
Key Features of Panda Remit
- Direct TNG Wallet Transfers: No need for bank accounts or SWIFT codes – just use the TNG app and send money directly.
- Fast Transfers: Transfers arrive in as little as two minutes, unlike traditional bank transfers, which can take days.
- Fixed Fees: Panda Remit offers a fixed fee for transfers, which is particularly advantageous when sending amounts above $800 SGD, compared to the variable fees charged by competitors like Wise.
- MAS Regulated: Panda Remit is regulated by the Monetary Authority of Singapore (MAS), providing a safe and trustworthy service. License number: PS20200501.
To make a transfer, simply download the Panda Remit app or use PayNow from your Singapore account to fund the transfer to Malaysia. You can also use the official Touch 'n Go app for easy wallet management. Follow the tutorial on how to do it here: Official Guide to Send Money to TNG Wallet.
Comparison: Panda Remit vs Traditional Banks
| Service | Panda Remit | Traditional Banks |
|---|---|---|
| Exchange Rate Transparency | Clear and fixed rate | Can be hidden or not clearly stated |
| Transfer Speed | 2 minutes | 1-3 business days |
| Complexity | No SWIFT codes, no bank forms | Requires SWIFT codes, bank forms, and often long waits for approval |
| Fees | Fixed fee, no hidden costs | Variable fees, may include hidden charges |
Why Sending Money to TNG Wallet is More Convenient
For individuals receiving monthly allowances or sending money to family members in Malaysia, using the TNG wallet is by far the most efficient option. Unlike traditional bank transfers, which require filling out lengthy forms and waiting for approvals, sending money to TNG means avoiding all that. There’s no need to deal with SWIFT codes, long verification processes, or bank paperwork.
Especially for those who don’t have access to a Malaysian bank account (like students or elderly relatives), the TNG wallet provides an accessible, fast, and simple solution.
FAQ
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 a fast, secure, and cost-effective way to send money directly to a Touch 'n Go (TNG) wallet. With fixed fees and a guaranteed amount delivered, it’s one of the simplest and most reliable methods available.
Is it safe to send money to Malaysia using Panda Remit?
Yes, Panda Remit is fully regulated by the Monetary Authority of Singapore (MAS), ensuring the highest level of security and compliance. Panda Remit also partners officially with TNG, making it a trusted and safe way to send money to Malaysia.
How can I ensure I avoid hidden fees when sending money to Malaysia?
To avoid hidden fees, use Panda Remit, as it offers a transparent, fixed fee for all transfers. Unlike traditional bank transfers, where hidden charges may apply, Panda Remit guarantees that the amount you send is the amount your recipient will receive – no surprises or deductions.
