Remit Money from Singapore to Malaysia: The Easiest Way to Top Up TNG Wallet

For Malaysian expats in Singapore, sending money back home can often be a time-consuming and complicated process, especially without a local Malaysian bank account. However, with Panda Remit, one of the official partners of Touch 'n Go (TNG), you can send money directly to a TNG wallet in Malaysia. This offers a faster, more efficient, and cost-effective alternative to traditional banking methods.

Why Sending Money to TNG Wallet is More Convenient for Digital Shopping and Gifting

Digital shopping and gifting are becoming increasingly popular among Malaysian expats. Whether you're purchasing gifts for loved ones or settling digital payments for online shopping, sending money directly to a TNG wallet provides unparalleled convenience. Imagine being able to send money for a gift or make a payment for an online purchase without the hassle of needing a local bank account in Malaysia. Panda Remit makes this possible by enabling you to remit money directly to the TNG wallet, saving you time and reducing unnecessary steps in the process.

By using Panda Remit, you avoid the complexities of SWIFT codes and the lengthy bank verification processes associated with traditional remittance methods. The entire process is simplified to just a few taps on your phone via the TNG App and Panda Remit App. Not only is the experience quick and seamless, but it also comes with the peace of mind that you are using a MAS-regulated service.

Technical Advantages of Panda Remit

Panda Remit works directly with TNG, ensuring a fast, efficient, and secure transfer process. By using PayNow on the Singapore end, the transaction is completed almost instantly. Transfers typically arrive in the recipient's TNG wallet in under 2 minutes, with no extra charges or hidden fees—just the fixed, transparent fee that Panda Remit offers. Unlike traditional bank transfers, where fees can vary depending on the intermediary banks involved, Panda Remit ensures that the amount you send is the amount your recipient receives.

Comparison Table: Panda Remit vs Traditional Banks

Why Panda Remit is the Best Choice for Sending Money to Malaysia from Singapore Without a Local Bank Account

If you don’t have a Malaysian bank account, sending money to Malaysia can often seem like a daunting task. But with Panda Remit, there’s no need for a local account. The TNG wallet is fully compatible with DuitNow, and once the money is sent, it appears instantly in the recipient’s TNG wallet. This is a simple and efficient solution for students, elderly family members, or anyone who doesn’t have easy access to a local bank account in Malaysia.

Frequently Asked Questions

1. Can I send money from Singapore to Malaysia without a Malaysian bank account?

Yes, you can! With Panda Remit, you can send money directly to a TNG wallet without needing a Malaysian bank account. Simply use the TNG App and Panda Remit App to complete the transfer. This is especially useful for Malaysian expats in Singapore who don't have access to local Malaysian bank accounts.

2. How long does it take for the money to reach the TNG wallet?

With Panda Remit, the transfer is completed in under 2 minutes. This is significantly faster than traditional bank transfers, which can take days. Additionally, Panda Remit offers fixed fees, so you know exactly how much the recipient will receive, with no hidden charges.

3. Is Panda Remit a safe and reliable service for transferring money from Singapore?

Yes, Panda Remit is fully regulated by the Monetary Authority of Singapore (MAS), and holds a financial license (License No: PS20200501). As an official partner of TNG, Panda Remit offers secure, transparent, and fast remittance services, ensuring peace of mind for all users.

For detailed instructions on how to send money using TNG and Panda Remit, check out the official tutorial here.