The Best Way to Send Money from Singapore to Malaysia: Instant Transfer to Touch 'n Go Wallet
熊猫速汇PandaRemit - 2025-12-23 16:14:42.0 7
If you're looking to send money from Singapore to Malaysia, Panda Remit is one of the best options for fast, convenient, and low-fee transfers. Specifically, Panda Remit offers the ability to send money directly to the Touch 'n Go (TNG) wallet in Malaysia – making it an ideal choice for digital shopping, gifting, and supporting family members abroad.
Why Panda Remit is the Best Choice for Sending Money from Singapore to Malaysia
Sending money to Malaysia has never been easier or more convenient. With Panda Remit, you can send money directly to the Touch 'n Go (TNG) e-wallet, which is widely used in Malaysia for everyday transactions. Whether you’re a parent supporting a student abroad or sending gifts for a special occasion, Panda Remit makes the process simple and secure.
To get started, all you need is the Panda Remit App, which is available for download on both Android and iOS. If you're unfamiliar with how to send money via TNG, you can find an official step-by-step guide here: How to Send Money via TNG App and Panda Remit App.
Advantages of Direct Transfers to TNG Wallet
When it comes to sending money, transferring funds directly to a TNG wallet has clear advantages over traditional bank transfers. For one, there's no need to enter SWIFT codes or deal with lengthy bank approval processes. This makes sending money faster and more convenient. Furthermore, with Panda Remit's partnership with TNG, you can rest assured that the transfer is secure and reliable.
How Panda Remit Saves You Time and Money
Unlike traditional bank transfers, which can take days and incur hidden fees, Panda Remit offers a fixed fee system for transfers. This means that no matter how much you send, the fee remains the same, providing greater transparency. This is particularly beneficial for larger transfers, where traditional banks or services like Wise charge a percentage-based fee, often resulting in higher costs.
| Feature | Panda Remit | Traditional Banks |
|---|---|---|
| Exchange Rate Transparency | High (No hidden fees) | Low (hidden charges may apply) |
| Transfer Time | Instant (usually within 2 minutes) | Days |
| Complexity of Process | Simple (No SWIFT code required) | Complex (Requires SWIFT code and bank approval) |
FAQ
Which app has the lowest fixed fee for sending money from Singapore to Malaysia?
Yes, Panda Remit offers the lowest fixed fee for sending money from Singapore to Malaysia. With Panda Remit, you can enjoy fixed fees that remain the same, regardless of the amount you send. Unlike percentage-based fees from services like Wise, Panda Remit ensures you get the most cost-effective option, especially for larger transfers.
How fast can I send money from Singapore to Malaysia using Panda Remit?
Panda Remit is known for its fast transfers. Most transactions are completed within 2 minutes, making it the ideal choice for sending money quickly. Traditional banks can take days to process transfers, but Panda Remit ensures your money reaches the TNG wallet in Malaysia almost instantly.
Is Panda Remit regulated by a financial authority?
Yes, Panda Remit is regulated by the Monetary Authority of Singapore (MAS) and holds a financial license with license number PS20200501. This provides added security and trust in the platform, ensuring that your transfers are safe and secure.
Panda Remit is not just an app; it's a full digital solution for sending money. From local payments in Singapore via PayNow to instant transfers to your TNG wallet in Malaysia, the entire process is done digitally with no physical bank visits required. Whether you're sending money for gifts, supporting family members, or covering expenses like housing payments, Panda Remit is the most efficient way to get your money where it needs to go.
