The Fastest Way to Transfer SGD to Malaysia: Touch 'n Go Wallet via Panda Remit
熊猫速汇PandaRemit - 2025-12-23 15:27:04.0 5
If you're a Malaysian expat in Singapore, looking for a quick and easy way to send money home, Panda Remit is your go-to solution. Partnering with Touch 'n Go (TNG), Panda Remit allows you to transfer funds directly into your TNG e-wallet, without the hassle of traditional banking methods. With the fastest transaction times, low fees, and zero hassle, it's the smartest way to send money from Singapore to Malaysia.
Why Panda Remit is the Best Option for Malaysian Expats in Singapore
Whether you're paying off a car loan in Johor, sending money to support your family, or transferring funds for property-related expenses, Panda Remit makes it easy and fast. The direct transfer to TNG wallets simplifies the entire process—no need for complicated bank transfers or SWIFT codes. Plus, the integration with PayNow in Singapore means you can send money almost instantly. You won't be bogged down with time-consuming bank reviews or unnecessary fees. This seamless service is the perfect choice for anyone in a hurry to get money across the border quickly.
How to Transfer Funds Using Panda Remit and TNG
To get started, you can use both the Panda Remit and TNG apps. Here’s how:
- First, download the Panda Remit app and create your account.
- Link your Singapore PayNow account for easy local payments.
- Open the TNG app and make sure your e-wallet is active and ready to receive funds.
- Follow the instructions on Panda Remit to complete your transfer.
For detailed step-by-step instructions, check out the official guide here.
Why Directly Transferring to a TNG Wallet is Better Than Bank Transfers
If you’re making large payments, like property or car loans, sending money to a bank account can often involve delays, extra fees, and complicated paperwork. On the other hand, sending funds directly to a TNG wallet through Panda Remit is fast and simple. With this method, there are no long waits for bank verification or SWIFT codes to be filled out. Plus, funds are typically available in as little as 2 minutes—perfect for urgent payments, like paying your last few installments on a property in Johor or sending a quick gift to family during a festive season.
Compare Panda Remit with Traditional Banks
| Factor | Panda Remit | Traditional Bank |
|---|---|---|
| Transfer Speed | Within 2 minutes | 1-3 business days |
| Exchange Rate Transparency | Fixed Rate | Hidden Markup |
| Fees | Fixed Fee | Percentage-Based |
| Operation Complexity | No SWIFT code, no bank verification | SWIFT code required, lengthy process |
FAQ
1. What is the fastest way to transfer SGD to Malaysia?
The fastest way to transfer SGD to Malaysia is through Panda Remit. Transfers are completed in as little as 2 minutes and can be sent directly to a TNG wallet using PayNow.
2. Can I send money to a TNG wallet from Singapore?
Yes, you can. Panda Remit supports sending money directly to a TNG wallet, which is the fastest and most convenient method available for Malaysian expats.
3. How does Panda Remit compare to traditional banks?
Panda Remit offers a fixed fee and faster service with no hidden charges, unlike traditional banks that apply percentage-based fees and require SWIFT codes. Additionally, Panda Remit is regulated by the Monetary Authority of Singapore (MAS), ensuring a secure and reliable transfer process.
