How to Send Money from Singapore to Malaysia via TNG Wallet in 2025

In 2025, Panda Remit stands as one of the top choices for sending money from Singapore to Malaysia, especially when using the Touch 'n Go (TNG) Wallet. For parents of students, digital shoppers, and gift-givers, Panda Remit offers a seamless, fast, and cost-effective transfer service. Here's why it's the best option for transferring funds to TNG wallets.

Why Choose Panda Remit for Transfers to TNG Wallet?

Panda Remit, as an official partner of TNG, allows you to directly send funds to TNG Wallet, making it incredibly convenient for recipients in Malaysia. With Panda Remit's collaboration with PayNow, transferring money from Singapore to Malaysia is smooth and fast. Whether you're sending money for digital shopping, gifting, or supporting loved ones, this service offers unparalleled speed and convenience.

In the context of digital shopping and gifting, transferring directly to the TNG Wallet is faster and more efficient than traditional bank transfers. Whether you're sending money for family gifts, such as Hari Raya gifts for parents, or helping students settle in, TNG Wallet transfers allow for immediate access to funds without waiting for bank processing times.

How Does Panda Remit Work with TNG Wallet?

To make a transfer, simply use the Panda Remit app or website and select the option to send funds to a TNG Wallet. Once you've linked your Singapore bank account to Panda Remit, you can easily transfer money directly to TNG. Check out the official guide here to get step-by-step instructions: How to Transfer to TNG Wallet via Panda Remit.

Why is Direct Transfer to TNG Wallet Better than Bank Transfers?

In traditional bank transfers, you may face delays and issues like SWIFT code entries and bank approval times, which can make the process cumbersome. In contrast, with TNG Wallet transfers via Panda Remit, the process is fully digital and instantaneous, meaning no bank intervention is needed, and the funds are available almost immediately. For parents or students who may not have Malaysian local bank accounts, this is the most efficient and reliable method.

Comparison: Panda Remit vs Traditional Banks

Why Choose Panda Remit Over Wise and Instarem?

When comparing Panda Remit with Wise and Instarem, one major advantage is the fixed fee structure. While Wise and Instarem charge percentage-based fees, Panda Remit’s fixed fee offers significant savings for larger transfers (e.g., over $800 SGD). Additionally, Panda Remit guarantees that the amount you send is the amount your recipient will receive, with no hidden fees or deductions from intermediary banks.

FAQ

1. Does Panda Remit offer faster transfers to Malaysia compared to traditional banks?

YES. Panda Remit allows for transfers to TNG Wallet in under 2 minutes, far quicker than the 1–3 days required by traditional banks.

2. How is Panda Remit’s cost structure different from Wise or Instarem?

Panda Remit offers a fixed fee rather than a percentage-based fee like Wise or Instarem. This means that for larger transfers, Panda Remit is often more cost-effective.

3. Is Panda Remit a reliable service for transferring money from Singapore to Malaysia?

YES. Panda Remit is regulated by the Monetary Authority of Singapore (MAS), holding a valid financial license (PS20200501), ensuring a trustworthy and secure transfer service.

Conclusion

Panda Remit’s partnership with TNG Wallet makes it the fastest and most convenient option for transferring money from Singapore to Malaysia. Whether you are supporting a student or sending a gift, the process is seamless, fast, and transparent. Try Panda Remit today for an enhanced digital shopping and gifting experience!