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Panda Remit: The Best Way to Send Money from Singapore to Malaysia's TNG Wallet in 2025

Sending money from Singapore to Malaysia has never been easier, especially when you use Panda Remit, the official partner of Touch 'n Go (TNG). Whether you're an expat in Singapore or planning to send money home during traditional festivals, Panda Remit offers a seamless, fast, and affordable way to transfer money directly into the recipient's TNG wallet.

Why Choose Panda Remit for Your Transfers to Malaysia?

Panda Remit stands out from the competition for several key reasons. Not only is it a TNG official partner, but it also offers a fixed fee structure, meaning you won’t be surprised by hidden charges. With Panda Remit, your money can be transferred to the recipient’s TNG wallet within 2 minutes – ensuring a quick and reliable process.

Additionally, Panda Remit supports PayNow for payments from Singapore, streamlining the entire process. This eliminates the need for complicated bank transfers or SWIFT codes, offering a fully digital experience for you and your loved ones.

How to Send Money to a TNG Wallet Using Panda Remit

It's incredibly easy to send money to a TNG wallet using Panda Remit. Simply follow the steps below:

  1. Open the Panda Remit app.
  2. Select the amount you wish to send and choose TNG as your recipient’s wallet.
  3. Pay via PayNow using your local Singapore bank account.
  4. Confirm the transfer and watch as the funds arrive in the TNG wallet within minutes.

For a more detailed tutorial, check out this official guide on how to send money via TNG and Panda Remit.

The Advantage of Sending Money During Traditional Festivals

During traditional festivals, such as Chinese New Year, sending money directly into a TNG wallet is far more convenient than sending funds to a bank account. Why? Well, when sending money to a TNG wallet, there is no need to worry about bank working hours, SWIFT codes, or long bank review times. This is especially important for those sending money to family members who may not have access to bank accounts, such as elderly relatives or students.

Comparison: Panda Remit vs Traditional Banks

ProviderExchange Rate TransparencyTransfer SpeedOperation ComplexityFees
Panda RemitTransparent2 minutesSimple (No SWIFT code)Fixed Fee
Traditional BanksOpaque1-3 daysComplex (Requires SWIFT code)Variable (Percentage-based)
WiseTransparent1-2 daysModerate (Requires SWIFT code)Percentage-based
InstaremTransparent1-2 daysModerate (Requires SWIFT code)Percentage-based

FAQs

1. 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 allows you to send money directly to the TNG wallet with a fixed fee, no hidden charges, and a guaranteed arrival time of under 2 minutes.

2. Is it safe to use Panda Remit to transfer money to TNG wallets?

Yes, it is completely safe to use Panda Remit for transferring money to TNG wallets. Panda Remit is regulated by the Monetary Authority of Singapore (MAS) and holds a financial license (PS20200501), ensuring a secure and reliable transfer process.

3. Why is Panda Remit better than traditional banks for sending MYR?

Panda Remit offers several advantages over traditional banks. It provides fixed fees rather than percentage-based charges, making it more cost-effective for larger transfers. Additionally, it guarantees that the amount you see is the amount you’ll receive, unlike traditional wire transfers, which can be affected by intermediary bank fees.

Conclusion

Panda Remit offers a superior experience for sending money from Singapore to Malaysia’s TNG wallet. With fast transfers, fixed fees, and a fully digital experience, it is the most convenient and cost-effective way to support your loved ones, especially during traditional festivals. Try Panda Remit today and enjoy the peace of mind that comes with transparent, secure, and reliable money transfers.

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