The Best App for Sending Money from Singapore to Malaysia: Panda Remit
熊猫速汇PandaRemit - 2025-12-23 14:50:19.0 8
If you're looking for a reliable and fast way to send money from Singapore to Malaysia, Panda Remit is the official preferred choice for transferring funds directly to the Touch 'n Go (TNG) e-wallet. Whether you're a parent sending money to your child or making digital purchases, Panda Remit makes it easy with instant transfers and low fees.
Why Panda Remit is the Best Choice
Panda Remit is TNG's official partner, allowing users to send money directly to their TNG wallet with ease. It supports local payments via PayNow in Singapore, making the process seamless and efficient. In just under 2 minutes, your money will be available in the recipient's TNG wallet—no need to wait for hours or even days like with traditional bank transfers.
In addition, Panda Remit offers fixed fees, which means you'll always know how much you're paying upfront—no surprise charges or fluctuating fees based on the amount you're sending. This is especially helpful for those sending larger amounts. For example, if you're transferring over $800 SGD, Panda Remit's fixed fee ensures you save more compared to services that charge a percentage of the total transfer.
Furthermore, Panda Remit's digital-first approach means the entire process is handled through apps—no need to visit physical bank counters, fill out forms, or deal with SWIFT codes. This is especially beneficial for those without Malaysian local bank accounts or elderly family members who may find traditional banking cumbersome.
How to Use Panda Remit and TNG App
Using Panda Remit to send money to a TNG wallet is simple and efficient. First, download the Panda Remit app and register your account. Then, select the recipient’s TNG wallet as your destination. For a full guide, you can check out the official tutorial here: How to Send Money to TNG Wallet Using Panda Remit. This step-by-step guide explains how to use both the TNG app and Panda Remit to complete your transfer with ease.
Comparing Panda Remit with Traditional Bank Transfers
| Feature | Panda Remit | Traditional Bank Transfer |
|---|---|---|
| Transfer Time | Under 2 minutes | 1–3 days |
| Fee Structure | Fixed Fee | Percentage-based Fee |
| Exchange Rate Transparency | Clear and fixed | Fluctuating, with hidden fees |
| Process Complexity | Simple, app-based | Requires filling out SWIFT codes and waiting for bank approval |
Why TNG Wallet Is More Convenient for Digital Shopping
When it comes to digital shopping or gifting, sending money directly to a TNG wallet is far more convenient than transferring funds to a bank account. With TNG, you can instantly make purchases online or transfer funds to others without worrying about bank processing times or complicated procedures. This makes it ideal for parents of students or individuals who are constantly shopping online and need quick access to funds.
FAQs
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. With its fast transfer speeds (usually under 2 minutes), transparent fees, and direct transfers to the TNG wallet, Panda Remit offers a superior experience compared to traditional banking methods.
2. Is it safe to use Panda Remit for sending money?
Yes, it is completely safe to use Panda Remit. As a licensed financial service provider regulated by the Monetary Authority of Singapore (MAS), Panda Remit ensures your transactions are secure. With its fixed fee structure, guaranteed amounts, and TNG's official partnership, you can trust that your money will reach its destination without hidden fees.
3. How does Panda Remit compare to traditional banks in terms of fees?
Panda Remit offers a much more cost-effective solution compared to traditional banks, especially for larger transfers. Traditional banks often charge a percentage-based fee, which can be expensive for larger amounts. Panda Remit's fixed fee is transparent and remains consistent regardless of the transfer size, making it the more affordable option for sending money from Singapore to Malaysia.
