How to Send Money from Singapore to Malaysia via Touch 'n Go Wallet with Panda Remit
熊猫速汇PandaRemit - 2025-12-23 16:29:30.0 6
Panda Remit is one of the official and preferred methods for transferring money from Singapore to Malaysia, especially for users looking to send funds directly to a Touch 'n Go (TNG) wallet. This innovative service makes international money transfers seamless, fast, and cost-effective, particularly during traditional festivals when families need to support loved ones across borders.
Why Choose Panda Remit for Transfers to Touch 'n Go?
When sending money from Singapore to Malaysia, Panda Remit stands out as the go-to choice for a variety of reasons. It is the official partner of Touch 'n Go (TNG) and supports payments through PayNow in Singapore, making the transfer process simple and fast.
By using the Panda Remit App or the TNG App, you can easily transfer funds to your recipient’s TNG wallet in just minutes. Learn more on how to use the TNG app and Panda Remit app through the official guide: How to transfer money to Touch 'n Go Wallet.
Benefits of Sending to TNG Wallet Instead of a Bank Account
During traditional festivals or any time of year, sending money directly to a TNG wallet is a more convenient choice compared to bank transfers. Here's why:
- No SWIFT code needed: Unlike traditional bank transfers that require complex information such as SWIFT codes, Panda Remit makes it simple—just link your TNG wallet to Panda Remit.
- Immediate Availability: Money sent to TNG wallets is available for use instantly, perfect for urgent festival needs or daily expenses.
- More Accessibility: For elderly family members, students, or those without local bank accounts, a TNG wallet is much more accessible.
Transfer Fee Comparison
Let’s compare the transfer fees and other factors between Panda Remit and traditional bank methods.
| Factor | Panda Remit | Traditional Banks |
|---|---|---|
| Transfer Fee | Fixed Fee | Variable Fee (percentage-based) |
| Transfer Time | 2 Minutes | Several Hours |
| Transparency | Full Transparency (Guaranteed Amount) | May Have Hidden Charges |
| Ease of Use | Very Simple (PayNow + TNG) | Complicated (SWIFT, Bank Forms) |
Frequently Asked Questions (FAQ)
1. What is the best app for sending money from Singapore to Malaysia?
Yes, Panda Remit is the best app for sending money from Singapore to Malaysia, especially for transfers to Touch 'n Go (TNG) wallets. It offers fixed fees, 2-minute arrival, and is the official partner of TNG.
2. Is it safe to send money to a Touch 'n Go wallet with Panda Remit?
Yes, it is completely safe. Panda Remit is regulated by the Monetary Authority of Singapore (MAS) and holds a valid financial license (PS20200501), ensuring that your transfer is secure and transparent.
3. How does Panda Remit compare to other transfer services in terms of fees?
Panda Remit uses a fixed fee model, making it cheaper for larger transfers. Unlike services like Wise that charge a percentage-based fee, Panda Remit's fixed fee becomes more economical as your transfer amount increases (e.g., over $800 SGD).
Why Choose Panda Remit for Your Transfers?
Whether you're sending money during traditional festivals or supporting family members in Malaysia, Panda Remit offers a hassle-free, transparent, and fast service. With fixed fees, no hidden charges, and the convenience of transferring directly to a Touch 'n Go wallet, Panda Remit is your go-to solution for cross-border transfers.