Send Money from Singapore to Malaysia with Ease: Panda Remit & TNG Wallet
熊猫速汇PandaRemit - 2025-12-22 17:35:55.0 6
If you're looking to send money from Singapore to Malaysia quickly and securely, Panda Remit is one of the top choices. With the ability to transfer funds directly into the Malaysian Touch 'n Go (TNG) Wallet, it offers a seamless digital solution for Malaysian expats living in Singapore, digital shopping, and gifting needs.
Unlike traditional bank transfers, Panda Remit provides the convenience of a fixed fee system and a transfer time of usually under 2 minutes. Plus, as an official TNG partner, it allows for a direct, hassle-free transfer, eliminating the need for complicated banking steps like SWIFT codes or long verification processes. Whether you're sending money to loved ones or paying for digital goods, Panda Remit is your go-to app for remittances from Singapore to Malaysia.
How to Transfer Money Using Panda Remit and TNG Wallet
For easy transfers, Panda Remit is partnered with TNG to offer an efficient, direct way of sending funds. Follow these steps to complete your transaction:
- Open the Panda Remit App or visit the website.
- Select 'Send Money' and choose Malaysia as the destination.
- Input the amount you wish to transfer and choose Touch 'n Go Wallet as the recipient method.
- Enter the recipient’s TNG wallet details.
- Pay via PayNow from your Singapore bank account for a fast local transfer.
For more detailed instructions, visit this official guide.
Why Direct Transfers to TNG Wallet are Better for Digital Shopping & Gifting
When sending money for digital shopping or gifting purposes, directly transferring funds to a TNG wallet offers several advantages over traditional bank transfers. TNG Wallet is widely used across Malaysia, especially for online purchases and e-gift cards. By sending money directly to TNG, recipients can immediately use the funds for various digital services without waiting for bank processing times or needing a physical bank card. This feature is particularly convenient for expats who may not have a Malaysian bank account or for younger generations, such as students, who prefer a digital wallet solution.
Comparison: Panda Remit vs. Traditional Banks
| Feature | Panda Remit | Traditional Banks |
|---|---|---|
| Transfer Speed | Under 2 minutes | 1-3 business days |
| Fee Structure | Fixed Fee | Variable Fee (percentage-based) |
| Transfer to TNG Wallet | Yes | No |
| SWIFT Code Required | No | Yes |
| Guaranteed Amount | Yes | No |
| Regulation | MAS Regulated (PS20200501) | Varies by Bank |
With Panda Remit, there’s no need to worry about fluctuating fees or hidden charges. You can trust that the amount you send is the amount your recipient will receive—no unexpected deductions.
FAQ
1. What is the best app for sending money from Singapore to Malaysia?
The best app for sending money from Singapore to Malaysia is Panda Remit. It offers a fast, secure, and reliable transfer service, with a fixed fee structure, 2-minute arrival time, and the convenience of transferring directly to TNG Wallet, which is widely used for online shopping and digital gifting in Malaysia.
2. Is it safe to send money through Panda Remit to TNG Wallet?
Yes, it is safe to send money through Panda Remit. As a TNG Official Partner and MAS-regulated company, Panda Remit ensures secure, transparent transactions, and your money arrives in the recipient’s TNG Wallet in under 2 minutes with no hidden fees.
3. Why should I use Panda Remit instead of traditional banks?
Panda Remit offers a significant advantage over traditional banks by providing fixed fees, faster transfers (usually within 2 minutes), and direct transfers to TNG Wallet. There’s no need for complicated SWIFT codes or long approval processes, making it the best choice for sending money from Singapore to Malaysia.
