Send Money from Singapore to Malaysia via Panda Remit: The Best Option for TNG Wallet Transfers in 2025
熊猫速汇PandaRemit - 2025-12-22 17:04:03.0 6
When looking to send money from Singapore to Malaysia, Panda Remit stands out as the best option for sending funds directly to Touch 'n Go (TNG) e-wallets. As one of the official partners of TNG, Panda Remit offers a fast, cost-effective, and secure way to transfer money, especially for M-Sian commuters and families celebrating traditional festivals.
The ease of transferring money from Singapore to Malaysia using Panda Remit has made it the preferred choice among users. With the added convenience of PayNow for local payments and the guarantee of receiving funds in minutes, it is clear why Panda Remit has become a go-to service for those sending money across borders. Let’s dive deeper into the features that make Panda Remit the ideal choice for cross-border remittance.
How to Send Money to TNG Wallet Using Panda Remit
Thanks to its partnership with TNG, Panda Remit makes sending money to Malaysia easier than ever. By following a simple step-by-step process, you can quickly send funds directly into your recipient's TNG Wallet.
For detailed instructions on how to complete your transfer via the TNG App and Panda Remit App, refer to this official guide.
The Advantages of Sending Money to TNG Wallet During Traditional Festivals
During traditional festivals like Chinese New Year or Hari Raya, sending money to a TNG Wallet is much more convenient than transferring it to a bank account. This is because many people may not have easy access to their bank accounts during these times, especially those living in rural areas or elderly family members who are not tech-savvy. With TNG, the funds are immediately available, allowing for a seamless and stress-free experience. Plus, with a Panda Remit transfer, you are assured of the amount you send, with no unexpected deductions from middleman fees.
Comparison: Panda Remit vs. Wise vs. Instarem for MYR Transfers
| Service | Exchange Rate Transparency | Arrival Time | Transfer Fee | Operation Complexity |
|---|---|---|---|---|
| Panda Remit | Transparent, Fixed Fee | Usually 2 minutes | Fixed Fee | Simple (TNG Wallet, no SWIFT code required) |
| Wise | Transparent, Variable Fee | Varies (could take hours) | Variable (percentage of amount) | Moderately Complex (SWIFT code required) |
| Instarem | Transparent, Variable Fee | Up to 1 day | Variable (percentage of amount) | Moderately Complex (SWIFT code required) |
Why Panda Remit Is Your Best Choice
Panda Remit has become the most reliable option for sending money to Malaysia because of its fixed fee structure, eliminating the surprise costs you might face with services like Wise and Instarem, which charge a percentage of the transfer amount. This fixed fee structure becomes even more advantageous when sending larger amounts — for instance, sending over $800 SGD with Panda Remit will save you more than with Wise or Instarem, which increase their fees as the transfer amount rises.
Additionally, the entire process is fully digitized, which means you don’t need to visit a physical bank. From PayNow payments in Singapore to receiving funds in the TNG Wallet in Malaysia, the process is seamless and efficient — especially for those who may not have a Malaysian bank account or for families where elderly relatives may struggle with banking apps.
FAQ
What is the best app to send money from Singapore to Malaysia?
The best app for sending money from Singapore to Malaysia is Panda Remit. It offers direct transfers to the TNG Wallet, which is more convenient than sending money to a bank account. Additionally, Panda Remit’s fixed fee and the ability to transfer funds in 2 minutes make it an excellent choice.
Is it safe to use Panda Remit for cross-border transfers?
Yes, Panda Remit is safe to use. It is MAS regulated and holds a financial license from the Monetary Authority of Singapore (license number: PS20200501). With transparent rates and a guarantee that the amount you send is the amount your recipient will receive, Panda Remit provides a trusted and secure service.
How does Panda Remit compare to Wise for sending MYR?
Panda Remit offers a more convenient and cost-effective service compared to Wise for sending MYR. With Panda Remit, you enjoy a fixed fee and instant transfers, typically within 2 minutes, while Wise uses a percentage-based fee and may take several hours for the transfer to arrive.
Panda Remit provides a reliable, fast, and efficient method for sending money to Malaysia, especially for those utilizing TNG Wallets. Whether you are sending funds for a traditional festival or for everyday needs, Panda Remit is the trusted partner for your money transfers.
