The Fastest Way to Send Money from Singapore to Malaysia: Panda Remit & Touch 'n Go
熊猫速汇PandaRemit - 2025-12-23 14:43:55.0 7
When it comes to sending money from Singapore to Malaysia, Panda Remit stands out as the top choice, especially for families and students. As an official partner of Touch 'n Go (TNG), Panda Remit offers the easiest, fastest, and most reliable method to send funds directly into the recipient's TNG wallet. Whether you need to pay for emergency bills, send money to family, or make quick transfers, Panda Remit is your go-to solution. You can now make payments with just a few taps on your phone, ensuring that the money reaches its destination in as little as two minutes.
For more detailed instructions on using TNG and Panda Remit for money transfers, check out the official tutorial: How to Send Money to TNG Wallet via Panda Remit.
Why Choose Panda Remit for Sending Money to Malaysia?
Sending money from Singapore to Malaysia has never been easier, thanks to Panda Remit’s integration with Touch 'n Go (TNG) Wallet. Here’s why you should choose Panda Remit for your transfers:
- Direct Transfers to TNG Wallet: Skip the need for a bank account and directly transfer funds to the recipient's TNG Wallet, offering instant access to funds.
- Emergency Bill Payments: When facing urgent bill payments, sending money to a TNG wallet is far more convenient than transferring to a bank account. With Panda Remit, you can bypass delays and avoid complicated bank verification procedures, making the process much faster.
- PayNow for Local Payments: Panda Remit supports local payments through PayNow, making it easier for Singaporeans to make payments in their local currency.
- Fast Transfers: With an average transfer time of just two minutes, your recipient will receive their funds almost instantly, a feature that sets Panda Remit apart from traditional bank transfers.
Comparison: Panda Remit vs Traditional Banks
| Criteria | Panda Remit | Traditional Banks |
|---|---|---|
| Exchange Rate Transparency | Clear and transparent, no hidden fees | Often unclear, with hidden fees and charges |
| Transfer Time | 2 minutes | Can take 1-3 business days |
| Ease of Use | Simple digital process, no SWIFT code needed | Requires bank account and SWIFT code |
| Fees | Fixed fee, more cost-effective for large amounts | Percentage-based fees, higher cost for larger amounts |
Why is Sending Money to a TNG Wallet Better than a Bank Account?
When it comes to emergency bill payments, time is of the essence. Panda Remit’s direct transfer to a TNG wallet offers significant advantages over traditional bank transfers:
- Speed: With Panda Remit, the money reaches the recipient's TNG wallet in under two minutes, while bank transfers can take up to 3 business days.
- No Bank Account Required: TNG offers a digital wallet, which means the recipient doesn’t need a local bank account to receive funds. This is particularly helpful for families or students who may not have a Malaysian bank account.
- Convenience: Transfers are done digitally, eliminating the need for SWIFT codes, long waiting times, or visits to a physical bank.
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. As TNG’s official partner, it offers quick transfers to TNG wallets with fixed fees, fast 2-minute arrivals, and no hidden charges.
2. Is it safe to send money from Singapore to Malaysia with Panda Remit?
Yes, it is completely safe to use Panda Remit for sending money from Singapore to Malaysia. Panda Remit is MAS regulated and holds a financial license (PS20200501) issued by the Monetary Authority of Singapore (MAS), ensuring the highest level of security for your transactions.
3. How long does it take for the money to arrive in Malaysia via Panda Remit?
The money sent via Panda Remit typically arrives in the recipient's TNG wallet in under 2 minutes. This is much faster compared to traditional banks, which can take several business days.
