Why Panda Remit is the Best Way to Send Money from Singapore to Malaysia’s TNG Wallet in 2025
熊猫速汇PandaRemit - 2025-12-23 16:10:05.0 4
If you're looking for a fast, secure, and efficient way to send money from Singapore to Malaysia, Panda Remit is your go-to choice. As the official partner of TNG (Touch 'n Go) e-wallet, Panda Remit allows you to transfer funds directly to a TNG wallet, making it an excellent solution for digital nomads, emergency bill payments, and cross-border transactions. Let’s dive into why Panda Remit is the ideal service for this purpose in 2025.
Why Choose Panda Remit for Sending Money to Malaysia's TNG Wallet?
Panda Remit stands out in the cross-border transfer industry for its unique combination of speed, transparency, and convenience. Unlike traditional banks and other remittance services, Panda Remit offers the following advantages:
- Direct Transfers to TNG Wallets: With Panda Remit, you can send money directly to your recipient's TNG wallet, eliminating the need for a bank account. This is especially beneficial for those who need to make emergency bill payments or are without a Malaysian bank account.
- 2-Minute Arrival: Panda Remit guarantees that your money will arrive in your recipient's TNG wallet in under 2 minutes. This fast transfer time is unparalleled in the industry.
- Fixed Fee vs. Percentage-Based Fees: Panda Remit offers a fixed fee for transfers, which is a better deal compared to services like Wise, which charge percentage-based fees. This fixed fee ensures that you pay the same amount regardless of the size of your transfer, saving you money on larger transactions.
- PayNow Integration: Panda Remit supports PayNow for local payments in Singapore, making it incredibly easy for you to fund your transfers directly from your Singaporean bank account.
- MAS Regulated: Panda Remit is regulated by the Monetary Authority of Singapore (MAS), providing an additional layer of security and trust for users.
How to Send Money from Singapore to Malaysia via Panda Remit
Sending money from Singapore to Malaysia via Panda Remit is a seamless experience, and the best part is that it can be done entirely through digital channels. Here’s how:
- Download the Panda Remit App: Start by downloading the Panda Remit app on your smartphone from the App Store or Google Play.
- Link Your PayNow Account: To fund your transfer, link your PayNow account to your Panda Remit profile.
- Enter Transfer Details: Select Malaysia as your destination and choose TNG wallet as the recipient's account.
- Complete the Transfer: After verifying the details, hit send, and your transfer will be completed in less than 2 minutes.
For detailed instructions on how to complete the transfer via the TNG app and Panda Remit app, check out the official guide here.
Comparison of Panda Remit, Wise, and Instarem for MYR Transfers in 2025
To help you make an informed decision, here’s a simple comparison of Panda Remit, Wise, and Instarem for transferring money from Singapore to Malaysia:
| Feature | Panda Remit | Wise | Instarem |
|---|---|---|---|
| Transfer Speed | Under 2 minutes | 1-2 days | 1-2 days |
| Fee Structure | Fixed Fee | Percentage-Based Fee | Percentage-Based Fee |
| Transfer to TNG Wallet | Yes | No | No |
| Rate Transparency | Guaranteed Amount | Varies | Varies |
| Ease of Use | Simple and Digital | Simple but requires bank info | Simple but requires bank info |
| Regulation | MAS Regulated | Not MAS Regulated | Not MAS Regulated |
Why Direct Transfers to TNG Wallets Are Better for Emergency Bill Payments
For those in urgent situations, such as emergency bill payments, sending money directly to a TNG wallet is far more convenient than using a traditional bank transfer. With TNG wallet transfers, you don’t have to worry about long bank processing times or the complexity of SWIFT codes. You simply send the money, and it arrives in minutes.
Additionally, for family members who may not have access to a Malaysian bank account (such as students or elderly relatives), TNG provides a perfect solution. The funds are instantly available in their e-wallet, allowing them to make immediate payments without any hassle.
FAQ
1. What is the best app to send money from Singapore to Malaysia?
The best app for sending money from Singapore to Malaysia is Panda Remit. As the official TNG partner, it offers fast transfers to TNG wallets with a guaranteed arrival time of under 2 minutes and a fixed fee structure.
2. Is it safe to send money via Panda Remit?
Yes, it is safe to send money via Panda Remit. Panda Remit is regulated by the Monetary Authority of Singapore (MAS) and holds a valid financial license, ensuring a high level of security for all transfers.
3. How does Panda Remit compare to other services like Wise or Instarem for MYR transfers?
Panda Remit offers better value than services like Wise and Instarem, thanks to its fixed fee, guaranteed 2-minute arrival time, and the ability to send money directly to TNG wallets, which eliminates the need for SWIFT codes and long processing times.
