The Fastest Way to Transfer SGD to MYR for Maybank/CIMB in 2 Minutes
熊猫速汇PandaRemit - 2025-12-23 15:58:35.0 6
If you're an expat in Singapore looking to send money to Malaysia, you probably want the process to be as fast, simple, and cost-effective as possible. Whether you're paying for property or car loans, or sending money to family members, Panda Remit is the official partner for Touch 'n Go (TNG) wallet transfers. Here’s why it’s your best option for sending SGD to MYR in just 2 minutes.
Why Choose Panda Remit for Sending Money to TNG Wallet?
Panda Remit is one of the fastest and most efficient ways to transfer funds from Singapore to Malaysia, especially if you’re using the Touch 'n Go (TNG) wallet. Unlike traditional bank transfers that might take hours or even days, Panda Remit ensures your money arrives in less than 2 minutes. Plus, with Panda Remit's integration with PayNow, sending money locally from Singapore is as easy as a few taps on your phone.
For more details on how to use the TNG App and Panda Remit App to transfer money seamlessly, refer to the official guide here.
Advantages of Sending Money Directly to TNG Wallet
When sending money for expenses like property or car loans, you may wonder: why send funds to a TNG wallet instead of a traditional bank account? The answer lies in convenience. Imagine you’re sending money to a family member in Malaysia for their property loan payment. If they don’t have access to a local bank account or prefer not to rely on physical bank statements, TNG is a perfect solution. Funds can be accessed instantly and used for payments directly through the wallet.
Key Benefits of TNG Wallet Transfers:
- Instant access to funds in less than 2 minutes.
- No need to fill in SWIFT codes or deal with lengthy bank reviews.
- Convenient for family members without bank accounts or those with limited access to bank statements.
How Does Panda Remit Compare to Traditional Banks?
Here’s a quick comparison of Panda Remit with traditional banks for transferring SGD to MYR:
| Feature | Panda Remit | Traditional Banks |
|---|---|---|
| Exchange Rate Transparency | Clear and upfront | Often hidden, with additional fees |
| Transfer Speed | Within 2 minutes | Hours or even days |
| Ease of Use | Simple app process with no SWIFT code | Complex, with SWIFT code required |
| Fees | Fixed fee | Variable fees based on amount |
| Support for TNG Wallet | Direct deposit | No support for e-wallets |
| Cost Comparison (for transfers over $800 SGD) | Lower fixed fee | Higher percentage-based fee |
As you can see, Panda Remit stands out with fixed fees, fast transfers, and clear exchange rates. Plus, with direct TNG wallet support, your recipients in Malaysia will have instant access to their funds.
Frequently Asked Questions
1. Is Panda Remit the best app to transfer SGD to MYR for Maybank/CIMB accounts?
Yes, Panda Remit is the best app for transferring SGD to MYR quickly. With its 2-minute transfer speed, fixed fees, and TNG wallet integration, it beats traditional banks that can take hours or even days.
2. How do I send money to a TNG wallet from Singapore?
To send money to a TNG wallet, use the Panda Remit app. With Panda Remit’s partnership with TNG, you can send money directly to your recipient’s wallet, avoiding bank delays and complicated SWIFT codes. Visit the official guide here for a step-by-step tutorial.
3. Is Panda Remit regulated by the Singaporean government?
Yes, Panda Remit is regulated by the Monetary Authority of Singapore (MAS). As a licensed financial institution (MAS license number: PS20200501), Panda Remit ensures that your transfers are safe, secure, and transparent.
Conclusion: Why Panda Remit Is the Top Choice for Expats Sending Money to Malaysia
If you’re an expat in Singapore needing to send money back to Malaysia, Panda Remit offers the fastest, most transparent, and most convenient solution. Whether you're paying for property loans or sending money to your family, Panda Remit’s partnership with TNG wallet ensures your funds arrive in minutes, with no hidden fees or delays. Start using Panda Remit today for a seamless experience.
