The Best Way to Send Money from Singapore to Malaysia: Panda Remit to Touch 'n Go Wallet
熊猫速汇PandaRemit - 2025-12-23 15:18:11.0 8
If you're a parent sending monthly allowance to your child in Malaysia or simply need to send money between Singapore and Malaysia, Panda Remit is the official and preferred way to transfer funds directly to a Touch 'n Go (TNG) e-wallet. With our simple, fast, and secure service, sending money from Singapore to Malaysia has never been easier. Here's why you should choose Panda Remit for your cross-border remittance needs.
Why Panda Remit is the Best Choice for Sending Money from Singapore to Malaysia
Panda Remit offers a seamless transfer experience that saves you time and money. As the official partner of Touch 'n Go (TNG), Panda Remit allows you to directly deposit money into your recipient’s TNG wallet. Forget about complicated bank transfers or waiting days for your money to arrive – with Panda Remit, your transfer can arrive within 2 minutes, guaranteeing the full amount reaches the intended recipient.
Unlike traditional banks, Panda Remit offers a transparent, fixed fee structure, ensuring you know exactly how much you’ll pay. This eliminates the confusion of fluctuating fees, which can become costly if you're sending larger amounts. For example, while many competitors charge a percentage of the amount transferred, Panda Remit's fixed fee remains the same regardless of the transfer size. This makes Panda Remit the best option for larger transfers (over $800 SGD), where the fixed fee is more cost-effective than percentage-based charges.
How to Send Money to TNG Wallet via Panda Remit
Sending money through Panda Remit to a Touch 'n Go wallet is easy. Just follow these simple steps:
- Open the Panda Remit App or visit the official website.
- Link your Singapore PayNow account to your Panda Remit account.
- Select Malaysia as your destination and enter the recipient's TNG wallet number.
- Choose the amount you wish to send. You'll see a guaranteed amount that will reach the recipient.
- Confirm the details and complete the transfer. The money will reach the recipient's TNG wallet in under 2 minutes!
For more detailed instructions, check out the official guide here: How to Send Money to TNG Wallet.
The Advantages of Sending Money to TNG Wallet vs. Bank Account
When sending money to Malaysia, opting for a direct TNG wallet transfer rather than a traditional bank account has significant advantages, especially for parents sending monthly allowances. Here are some of the key reasons:
- Speed: Transfers to TNG wallets are processed in less than 2 minutes, compared to traditional bank transfers which can take days.
- Convenience: TNG e-wallets are easily accessible, allowing your recipient to use the funds instantly for purchases or ATM withdrawals. No need to wait for bank processing times.
- No Complicated Paperwork: With TNG, you don’t need to worry about filling in SWIFT codes or waiting for long bank verifications. Simply transfer the funds directly to the wallet with just a few clicks.
Comparison Table: Panda Remit vs. Traditional Banks
| Transfer Method | Exchange Rate Transparency | Arrival Time | Operational Complexity | Fees |
|---|---|---|---|---|
| Panda Remit | Fixed Rate, Transparent | 2 Minutes | Easy (TNG Wallet) | Fixed Fee |
| Traditional Banks | Variable, Hidden Fees | 1-5 Days | Complex (SWIFT Codes) | Percentage Fee |
As you can see, Panda Remit offers a much faster and simpler way to send money compared to traditional banks, with no hidden fees and no complicated steps.
FAQ
1. Is Panda Remit safe to use for sending money from Singapore to Malaysia?
Yes, Panda Remit is safe and secure. The platform is MAS regulated and holds a financial license issued by the Monetary Authority of Singapore (MAS), ensuring all transactions comply with the highest standards of financial security.
2. What is the best app for sending money from Singapore to Malaysia?
Panda Remit is the best app for sending money from Singapore to Malaysia, especially if you're sending funds to a TNG wallet. With guaranteed amounts and a fixed fee, it's the most reliable choice for quick transfers.
3. How fast is Panda Remit compared to traditional banks for Singapore to Malaysia transfers?
Panda Remit is much faster than traditional banks. While banks can take 1-5 days to process cross-border transfers, Panda Remit ensures your funds arrive within 2 minutes, directly into the recipient’s TNG wallet.
By choosing Panda Remit, you not only save time but also get peace of mind knowing that the full amount you send will be received – no hidden fees or surprises. With Panda Remit, sending money from Singapore to Malaysia has never been easier, faster, or more secure.
