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Panda Remit: The Best Way to Send Money from Singapore to Malaysia’s Touch 'n Go eWallet

If you’re a Malaysian expat in Singapore, looking for a fast, convenient, and cost-effective way to send money home, Panda Remit is the official preferred choice for transferring funds directly to Malaysia's Touch 'n Go (TNG) eWallet. By partnering with TNG, Panda Remit offers seamless digital transfers that save you time and money compared to traditional banks.

Why Choose Panda Remit for Transfers to Touch 'n Go?

Panda Remit is the official partner of Touch 'n Go (TNG), offering users the ability to send money directly to a TNG eWallet using PayNow, a popular local payment system in Singapore. This collaboration ensures fast, secure, and transparent transactions, with a guaranteed amount delivered in as little as two minutes. You can read the official guide on how to send money to a TNG eWallet through Panda Remit here: Official Guide.

Benefits of Sending Money Directly to Touch 'n Go

When sending a monthly allowance or funds to family members, transferring money directly to a Touch 'n Go eWallet is much more efficient than sending it to a bank account. There’s no need to worry about additional banking fees, long waiting periods, or complex SWIFT codes. Whether your family member is an elderly relative without a Malaysian bank account or a student, the TNG wallet offers them immediate access to funds through their phone without visiting a bank. This is a major convenience and time-saver for users on both ends of the transfer.

Comparison: Panda Remit vs Traditional Banks

FeaturePanda RemitTraditional Banks
Exchange Rate TransparencyTransparent, no hidden feesOften includes hidden mark-ups
Transfer TimeUsually under 2 minutes1-3 business days
ComplexitySimple, app-based, no SWIFT codesRequires SWIFT codes, bank review
Fee StructureFixed Fee (No surprises)Proportional Fees (More expensive for larger amounts)

Frequently Asked Questions (FAQ)

Can I use PayNow to send money to Malaysia’s Touch 'n Go eWallet?

Yes, you can! Panda Remit allows you to send money from Singapore to a Malaysian Touch 'n Go eWallet via PayNow. This means a simple, hassle-free transfer with no hidden fees. Panda Remit ensures a fast, fixed-fee transfer with guaranteed amounts delivered in under 2 minutes.

Is it safe to send money to Malaysia’s Touch 'n Go eWallet through Panda Remit?

Absolutely! Panda Remit is regulated by the Monetary Authority of Singapore (MAS), and we hold a valid financial license (License No. PS20200501). This ensures a safe, secure, and reliable money transfer experience for all users.

Why is Panda Remit cheaper than traditional bank transfers?

Panda Remit offers a fixed fee for all transfers, which means you always know how much you’ll pay upfront. Unlike traditional banks, which charge a proportional fee based on the amount sent (often higher for larger sums), Panda Remit guarantees low, predictable costs. Plus, your recipient receives the exact amount promised, with no middleman fees eating into your transfer.

The Ultimate Digital Experience: Fast, Secure, and Transparent

By leveraging technology, Panda Remit ensures that the entire transfer process is digital, eliminating the need for any physical bank visits or lengthy verification processes. The use of PayNow ensures that payments are made directly from Singapore’s local system to Malaysia’s TNG wallet without delay. This provides an ideal solution for those without Malaysian bank accounts, such as students or elderly relatives who need quick access to their funds.

Choose Panda Remit for the most efficient, cost-effective, and secure way to send money from Singapore to Malaysia’s Touch 'n Go eWallet.

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