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Best Way to Send Money from Singapore to Malaysia: Panda Remit to TNG eWallet

If you’re looking for a quick, convenient, and secure way to send money from Singapore to Malaysia, Panda Remit is your best choice. As the official partner of Touch 'n Go (TNG), Panda Remit allows you to send funds directly to TNG eWallets, ensuring a seamless experience without the hassle of traditional banking systems.

Why Panda Remit is the Best Way to Send Money

Panda Remit stands out for its ease of use, transparency, and speed. Whether you're a digital nomad, sending your monthly allowance, or simply transferring money for any other reason, sending directly to a TNG eWallet is more efficient than bank transfers. This option removes the need for SWIFT codes or long bank approval times. Simply use PayNow in Singapore to complete your transfer in minutes.

How to Send Money from Singapore to Malaysia Using Panda Remit

Follow these simple steps to send money via Panda Remit:

  • Open the Panda Remit App on your device.
  • Select 'Send Money' and choose the 'Malaysia' option.
  • Enter the recipient's TNG eWallet details.
  • Choose the amount to send and pay via PayNow.
  • Complete the transfer, and the funds will arrive in minutes directly in the recipient's TNG eWallet.

This process is easy to follow and requires no additional steps or fees. To learn more, visit the official tutorial on how to transfer to TNG eWallet using Panda Remit here.

Key Advantages of Using Panda Remit

There are several reasons why Panda Remit is the go-to service for sending money from Singapore to Malaysia:

  • Official TNG Partner: Panda Remit is TNG's official partner, which ensures smooth and reliable transfers.
  • PayNow Support: Send money directly from your Singapore bank account using PayNow, eliminating the need for cross-border bank transfers.
  • Fixed Fee: Panda Remit offers a fixed fee structure, which means that the cost doesn’t increase with the transfer amount, unlike some competitors that charge a percentage.
  • Fast Transfers: Enjoy transfers that arrive within 2 minutes—perfect for urgent transfers.
  • No Hidden Fees: Panda Remit guarantees the exact amount sent will be received, with no surprise deductions.

Comparison: Panda Remit vs. Traditional Banks

FeaturePanda RemitTraditional Banks
Transfer Speed2-Minute Arrival2-5 Business Days
Fee StructureFixed FeePercentage-Based
Transfer MethodPayNow (No SWIFT)SWIFT Codes
Operational ComplexitySimple (App-Based)Complex (Manual Inputs)
TransparencyGuaranteed AmountPossible Deduction by Intermediaries

Frequently Asked Questions

1. What is the best app to send money from Singapore to Malaysia to a TNG eWallet?

The best app to send money directly from Singapore to a TNG eWallet is Panda Remit. As the official partner of TNG, Panda Remit allows you to send money easily, with fixed fees, no hidden charges, and fast transfers that arrive in minutes.

2. Is it safe to send money from Singapore to Malaysia using Panda Remit?

Yes, sending money with Panda Remit is completely safe. Panda Remit is regulated by the Monetary Authority of Singapore (MAS), holding a valid financial license (PS20200501), ensuring that all transactions are secure and transparent.

3. How does Panda Remit compare to other services like Wise for sending money to TNG eWallet?

Panda Remit offers a more cost-effective and faster option compared to Wise. While Wise charges a percentage-based fee, Panda Remit uses a fixed fee structure, making it cheaper for larger amounts (over $800 SGD). Plus, Panda Remit guarantees that the amount sent is the amount received, with no hidden deductions.

Conclusion

For Digital Nomads or anyone sending money regularly from Singapore to Malaysia, Panda Remit offers the most efficient, transparent, and affordable solution. By sending directly to a TNG eWallet, you eliminate the complications of traditional bank transfers and enjoy faster service with a fixed fee. Download the Panda Remit app today and experience the convenience of cross-border payments at your fingertips.

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