How to Send Money from Singapore to Malaysia via Panda Remit: TNG Wallet Transfer Made Easy

Panda Remit is one of the official preferred methods for transferring money from Singapore to Malaysia, particularly to Touch 'n Go (TNG) e-wallets. With its seamless digital experience, users can now transfer funds from Singapore to Malaysia in a matter of minutes—no need for bank accounts or lengthy verification processes. In this post, we will guide you through the process and explain why Panda Remit is the best choice for this kind of transfer.

Why Panda Remit is the Best for Sending Money to Malaysia's TNG Wallet

Panda Remit has partnered with Touch 'n Go (TNG), one of Malaysia's most popular e-wallets, allowing for quick and hassle-free money transfers from Singapore. The entire process, from sending money through PayNow in Singapore to receiving funds in the recipient's TNG wallet in Malaysia, is fully digital and secure.

To send money via Panda Remit, simply follow the official guide that walks you through using the TNG App and Panda Remit App.

Emergency Bill Payments Made Simple

In emergency situations, being able to transfer money quickly can make a huge difference. Panda Remit’s service to TNG wallets provides a unique advantage in such situations, as it allows for immediate use of the transferred funds without the need to wait for bank processing times. Unlike traditional bank transfers, which may require waiting for hours or even days for the funds to clear, transferring directly to a TNG wallet ensures the money is available almost instantly.

How Panda Remit Compares to Traditional Banks

The table clearly shows that Panda Remit offers quicker transfers, fixed fees, transparent exchange rates, and a simpler process compared to traditional banks. Panda Remit also saves you the hassle of dealing with long SWIFT code forms and cumbersome bank approvals, making it a far easier choice for sending money from Singapore to Malaysia.

Fixed Fee vs. Percentage-based Fees

Many money transfer services charge percentage-based fees, which means the cost of the transfer increases as the amount sent increases. Panda Remit, however, offers a fixed fee for transfers. This is especially advantageous when sending larger amounts. For example, if you're transferring more than $800 SGD, the fixed fee structure of Panda Remit means you'll pay less than you would with services like Wise, which charge a percentage-based fee.

The Full Digital Experience

Panda Remit offers a fully digital transfer experience from start to finish. From initiating a PayNow payment in Singapore to having the money show up in the recipient’s TNG wallet in Malaysia, there is no need for physical bank visits or long waits. This is particularly useful for those who don’t have a Malaysian bank account or those sending money to elderly family members or students who may not be able to easily access bank accounts.

FAQ

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. Panda Remit is an official partner of Touch 'n Go (TNG) and offers fixed fees, 2-minute arrival times, and the convenience of sending directly to TNG wallets.

Is it safe to send money through Panda Remit?

Yes, sending money through Panda Remit is completely safe. Panda Remit is regulated by the Monetary Authority of Singapore (MAS) and holds a financial license (PS20200501). Additionally, the app provides transparent exchange rates and guarantees the full amount of the transfer will be received.

How long does it take for money to arrive in a TNG wallet?

Money sent through Panda Remit typically arrives in the recipient’s TNG wallet within 2 minutes. Unlike traditional bank transfers, there’s no need to wait for hours or days for funds to be processed and cleared.

Conclusion

Panda Remit offers an efficient, fast, and secure way to send money from Singapore to Malaysia, especially for those who need to transfer funds directly into a TNG wallet. With a transparent fee structure, guaranteed amount, and no hidden charges, it stands out as one of the best options for cross-border remittances. Try Panda Remit today for a smooth, digital-first money transfer experience.