How to Link Singapore PayNow to Malaysia Touch 'n Go for Fast Cross-Border Transfers
熊猫速汇PandaRemit - 2025-12-23 15:57:32.0 6
If you're a Malaysian expatriate in Singapore looking to send money back home, you know how essential it is to have a reliable, fast, and affordable way to transfer funds. Panda Remit is one of the official ways to send money from Singapore to Malaysia directly into a Touch 'n Go (TNG) wallet — the perfect solution for your cross-border remittance needs. With the support of PayNow on the Singapore side, the process is seamless and incredibly efficient. Here's how you can link PayNow to Malaysia's TNG wallet using Panda Remit, especially during the traditional festival season.
Sending money to your loved ones in Malaysia, especially during traditional festivals like Chinese New Year or Hari Raya, requires a solution that is both fast and easy. With Panda Remit, you can transfer funds directly to a Touch 'n Go wallet — no need for complicated bank accounts or long processing times. This guide will show you how to make the most of this feature, enhancing your cross-border remittance experience during these festive times.
How to Link Singapore PayNow to Malaysia Touch 'n Go via Panda Remit
It's simple to link your Singapore PayNow to Malaysia's Touch 'n Go wallet with Panda Remit. Just follow these easy steps:
- Download the Panda Remit App on your phone.
- Open the app and select ‘Send Money’.
- Choose Malaysia as your destination and Touch 'n Go as the recipient option.
- Link your Singapore PayNow account by following the on-screen instructions.
- Verify the details and send the money directly to the recipient's TNG wallet.
For a detailed, step-by-step guide on how to complete this process using the TNG App and Panda Remit App, please refer to the official tutorial here.
Why TNG is the Best Option for Festival Transfers
During traditional festivals, like Chinese New Year or Hari Raya, transferring money quickly and conveniently is crucial. For many expats, sending money to parents or loved ones for festival preparations or special celebrations is a top priority. Here’s why directly transferring to a TNG wallet is more efficient than traditional bank transfers:
- Immediate Use: The recipient can access their funds instantly in their TNG wallet, unlike traditional bank transfers that may take days to process.
- No Bank Fees: Sending funds directly to TNG eliminates the need for SWIFT codes, long bank verification processes, or additional charges.
- Perfect for Small and Large Transfers: Whether you're sending small amounts for festive gifts or larger sums for important expenses, TNG offers a hassle-free experience.
Compare Panda Remit with Traditional Banks
| Factor | Panda Remit | Traditional Banks |
|---|---|---|
| Exchange Rate Transparency | Fixed rate, no hidden charges | Subject to fluctuating rates and hidden fees |
| Transfer Time | 2 minutes | 1-3 business days |
| Ease of Operation | Simple, all-digital process with no SWIFT code | Complex, requires SWIFT code and bank approvals |
| Fees | Fixed fee, even for larger amounts | Percentage-based fees, higher as transfer amount increases |
FAQ
1. Can I link my Singapore PayNow to Malaysia's Touch 'n Go via Panda Remit?
Yes, you can link Singapore PayNow to Malaysia's Touch 'n Go wallet via Panda Remit. This process is seamless and allows you to send money directly to the TNG wallet with no complications. Panda Remit is also an official partner of TNG, ensuring the most efficient transfers.
2. How fast will my transfer be when I use Panda Remit?
Your transfer will be completed in 2 minutes or less. Panda Remit’s technology ensures that funds are transferred quickly and securely, so your family members in Malaysia can access their money immediately. Unlike traditional bank transfers, there are no long delays or waiting periods.
3. Is Panda Remit safe to use for sending money between Singapore and Malaysia?
Yes, Panda Remit is fully regulated by the Monetary Authority of Singapore (MAS), ensuring that your money is safe. Panda Remit holds a financial license from MAS (license number PS20200501), which adds an extra layer of trust and security to your transactions.
