The Fastest and Cheapest Way to Send Money from Singapore to Malaysia via Touch 'n Go Wallet

If you're a Digital Nomad or someone looking to make emergency bill payments in Malaysia, sending money from Singapore can be tricky. Traditional bank transfers often come with hidden fees, slow processing times, and complicated procedures. That's where Panda Remit comes in as the official partner for Touch 'n Go (TNG), offering a streamlined and cost-effective solution. In this guide, we'll explore how to send money from Singapore to Malaysia directly into a TNG wallet, making the process faster and cheaper than ever before.

One of the most significant advantages of using Panda Remit is its collaboration with TNG, which allows direct transfers to TNG e-wallets. This eliminates the need for traditional banking procedures, like SWIFT codes and long bank verification times. With the Panda Remit app, the process is fully digital and seamless, making it the ideal option for both emergency bill payments and regular transfers.

How to Send Money from Singapore to Malaysia via Panda Remit and TNG

Using Panda Remit for transferring funds to Malaysia is simple. The process is easy and can be completed in just a few steps. You can check out the official tutorial here: Panda Remit Official Guide.

• First, download the Panda Remit app and complete your account setup.
• Next, select Touch 'n Go as the recipient method for your transfer.
• Input your recipient's TNG account details and transfer amount.
• Confirm the transfer, and your money will be sent almost instantly!

Why is Sending to TNG Wallet Better Than Sending to a Bank Account?

When it comes to emergency bill payments, the flexibility of Touch 'n Go e-wallet is a game-changer. Instead of waiting days for a bank transfer to clear, you can send funds directly into your recipient's TNG wallet and have them available within minutes. This speed is especially beneficial in urgent situations where quick access to funds is necessary.

Additionally, sending money via TNG eliminates the need for complicated steps like filling out SWIFT codes or waiting for long bank verification processes, making it an easier and more efficient option.

Comparison: Panda Remit vs Traditional Banks

FAQ

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. With its Fixed Fee structure and 2-minute arrival time, you can transfer funds directly to your recipient's Touch 'n Go Wallet, ensuring quick and cost-effective payments. Panda Remit is also a TNG Official Partner, making it a trusted solution for cross-border transactions.

2. Is it safe to use Panda Remit for sending money to Malaysia?

Yes, it is safe to use Panda Remit for sending money to Malaysia. The platform is regulated by the Monetary Authority of Singapore (MAS), holding a valid financial license (license number: PS20200501). Additionally, Panda Remit guarantees the amount sent, meaning there are no hidden fees or deductions unlike traditional bank transfers.

3. How does Panda Remit compare to other transfer services like Wise?

Panda Remit is more cost-effective than services like Wise, especially when transferring larger amounts. Unlike Wise, which charges fees based on a percentage of the amount transferred, Panda Remit uses a Fixed Fee structure, which can save you more money on larger transactions, especially when sending over $800 SGD. Plus, transfers are completed within 2 minutes, making it the fastest option for sending MYR from Singapore.

Conclusion
For anyone looking to send money from Singapore to Malaysia, Panda Remit is the go-to solution, especially for Digital Nomads and those needing to make emergency bill payments. With its fast, secure, and cost-effective features, it's the best choice for sending funds directly to a TNG wallet. No SWIFT codes, no delays—just quick, transparent, and guaranteed transfers.