The Best Way to Send Money from Singapore to Malaysia: TNG Wallet with Panda Remit

Sending money from Singapore to Malaysia has never been easier! For Malaysian expats, especially during traditional festivals, Panda Remit is the official partner for transferring funds to the Touch 'n Go (TNG) wallet. This is the fastest and most reliable option available, especially when you need to send money quickly to family and friends in Malaysia.

Thanks to Panda Remit's collaboration with TNG, you can enjoy the convenience of sending money directly into your loved ones’ TNG wallet in Malaysia. No need to fill out lengthy bank details or wait for long approval times. Just a few simple steps and you’re done! For detailed instructions, check out the official guide on how to transfer money through TNG and Panda Remit here.

Why Sending Money to TNG Wallet is the Best Option During Traditional Festivals

During major traditional festivals like Chinese New Year, Hari Raya, and Deepavali, transferring money to family members in Malaysia is a common need. Panda Remit’s support for direct transfers to TNG wallet makes it the perfect choice. With TNG, you can send money instantly, bypassing traditional bank delays. Additionally, this is an ideal solution for people who may not have a Malaysian bank account or prefer not to deal with the hassle of physical bank transactions.

Advantages of Using Panda Remit for Cross-Border Transfers

Panda Remit stands out in the crowded world of remittance apps, thanks to its many technological and user-friendly features. Here are a few key reasons why it is the best option for sending money from Singapore to Malaysia:

• Official TNG Partner: Panda Remit is the official partner of TNG, ensuring a seamless and secure transfer process.
• Fixed Fee Structure: Unlike other services that charge a percentage-based fee, Panda Remit uses a fixed fee structure, which means you know exactly how much you’ll pay. This makes it especially cost-effective when sending larger sums (over $800 SGD), compared to services like Wise, which charges by percentage.
• 2-Minute Transfers: Panda Remit guarantees your transfer will arrive within 2 minutes, a significant advantage over traditional banks, which can take days.
• Guaranteed Amount: With Panda Remit, the amount you see is the amount that will arrive—no hidden fees or surprises from intermediary banks, which often take a cut in traditional wire transfers.
• MAS Regulated: Panda Remit is licensed by the Monetary Authority of Singapore (MAS), ensuring a secure and trustworthy remittance experience.

Comparison of Panda Remit vs Traditional Banks

Frequently Asked Questions

What is the best app to send money from Singapore to Malaysia?

For sending money from Singapore to Malaysia, Panda Remit is the best app. It supports direct transfers to TNG wallets and offers a fixed fee structure, ensuring transparency and cost-effectiveness. Transfers are completed in just 2 minutes, making it the quickest option available.

Is it safe to send money to a TNG Wallet through Panda Remit?

Yes, sending money to a TNG wallet via Panda Remit is 100% safe. Panda Remit is regulated by the Monetary Authority of Singapore (MAS), ensuring that your transactions are secure. Additionally, Panda Remit is an official TNG partner, offering a trusted and reliable remittance experience.

Why should I choose Panda Remit over traditional banks for transfers to Malaysia?

Panda Remit offers a far superior experience compared to traditional banks. With Panda Remit, you can enjoy fixed fees, guaranteed arrival amounts, and instant transfers to TNG wallets. Traditional banks often involve complex paperwork, SWIFT codes, and long waiting times. Panda Remit is simple, transparent, and quick, making it the preferred option for sending money to Malaysia.