How to Send Money from Singapore to Malaysia via TNG Wallet with Panda Remit in 2025
熊猫速汇PandaRemit - 2025-12-23 16:02:32.0 18
If you're an expat in Singapore, regularly sending money to your family or friends in Malaysia, Panda Remit offers an efficient, reliable, and cost-effective solution to send funds directly to a Touch 'n Go (TNG) wallet. Unlike traditional methods, Panda Remit ensures quick and transparent transfers that are often completed in just 2 minutes. Let’s dive into why Panda Remit is your ideal choice for sending money from Singapore to Malaysia in 2025.
Why Choose Panda Remit?
Panda Remit is the official partner of TNG, allowing you to transfer funds directly to the TNG e-wallet. This integration makes Panda Remit a standout option for Malaysian expats in Singapore who want to support their families back home with ease. Whether you’re sending your monthly allowance or a special gift for the holidays, this digital-first solution is designed for your convenience. With PayNow integration, you can complete payments on the Singapore side without any hassle, directly from your local bank account.
Step-by-Step Guide: Sending Money with Panda Remit
Sending money from Singapore to Malaysia via Panda Remit and Touch 'n Go (TNG) is straightforward. Here's how you can do it:
- Download the Panda Remit App and the TNG App.
- In the Panda Remit app, select ‘Singapore to Malaysia’ as your transfer option.
- Choose TNG as the recipient’s wallet.
- Complete your transfer via PayNow, a local Singapore payment system.
- On the recipient side, the funds will be instantly credited to the TNG wallet, typically within 2 minutes.
For a more detailed tutorial, refer to Panda Remit’s official guide on how to transfer money to a TNG wallet: How to send money to TNG wallet via Panda Remit.
The Advantages of Sending to TNG Wallet
When it comes to sending your monthly allowance, there are clear benefits to sending money directly to a TNG wallet rather than a bank account:
- No need for SWIFT codes: With traditional bank transfers, you need to enter complex details like SWIFT codes and bank account numbers. With TNG, all you need is the recipient’s TNG wallet information.
- Instant transfers: Unlike traditional methods that may take days to process, Panda Remit ensures that the money reaches the recipient’s TNG wallet within 2 minutes.
- Transparency and cost-efficiency: Panda Remit offers fixed fees, which are typically more affordable than percentage-based fees charged by other services, such as Wise. This is especially beneficial for larger transfers over $800 SGD.
Comparison Table: Panda Remit vs Traditional Banks
| Service | Exchange Rate Transparency | Transfer Time | Transfer Complexity | Fees |
|---|---|---|---|---|
| Panda Remit | High – Fixed rate with no hidden costs | 2 minutes | Very Simple – No SWIFT, No long bank procedures | Fixed Fee |
| Traditional Banks | Low – Exchange rates fluctuate and often include hidden fees | 3–5 business days | Complex – Requires SWIFT codes, bank verification | Percentage-based Fees |
FAQ
1. Can I use Panda Remit to send money from Singapore to Malaysia directly to a TNG wallet?
Yes, you can. Panda Remit allows for seamless transfers directly to a Touch 'n Go (TNG) wallet from Singapore. This is the fastest and most convenient method for Malaysian expats sending money home. With a fixed fee structure and 2-minute transfer time, Panda Remit is the preferred choice for such transfers.
2. How long does it take for the money to reach my recipient’s TNG wallet?
Transfers made through Panda Remit typically arrive in the recipient’s TNG wallet within 2 minutes. Unlike traditional banks, there’s no waiting time for the money to clear through intermediate banks, ensuring an instant and reliable transfer process.
3. Is Panda Remit a regulated service?
Yes, Panda Remit is regulated by the Monetary Authority of Singapore (MAS) and holds a valid financial license (PS20200501). This guarantees that your transfers are secure, transparent, and follow the highest standards of financial oversight.
Conclusion
For Malaysian expats in Singapore, Panda Remit offers the most efficient way to send money back home. The convenience of sending funds directly to a TNG wallet, along with the security, transparency, and speed offered by Panda Remit, ensures that your family or friends receive the full amount without unnecessary delays. Don’t miss out on our exclusive promo code for 2025, which can make your transfers even more affordable. Choose Panda Remit for your next transfer and experience the difference.
