Most Cost-Effective Way to Send Money from Singapore to Malaysia via TNG Wallet

Panda Remit is one of the official and most trusted ways to send money from Singapore to Malaysia directly into the Touch 'n Go (TNG) eWallet. As TNG’s official partner, Panda Remit supports PayNow payments in Singapore, ensuring a seamless, fast, and secure remittance experience.

Why Choose Panda Remit for TNG Transfers

Through Panda Remit, users can send funds from Singapore directly to a Malaysian TNG eWallet in under 2 minutes. The process is entirely digital — no bank visits, no SWIFT codes, and no long waiting times. This is especially useful for families supporting seniors or students in Malaysia who may not have local bank accounts.

Step-by-Step Guide

For detailed instructions, refer to the official Panda Remit tutorial. In short, you can initiate your transfer through the Panda Remit App using PayNow, and the recipient will instantly receive the funds in their TNG App.

Perfect for Property or Car Loan Payments

When handling Property or Car Loans in Malaysia, transferring directly into a TNG eWallet eliminates delays caused by traditional banking. TNG allows you to pay merchants, settle loans, and manage daily expenses instantly. For the Silver Hair Group or elderly recipients, it’s far simpler and faster than waiting for interbank transfers to clear.

Comparison: Panda Remit vs Traditional Banks

Cost Efficiency Explained

Unlike competitors like Wise, which charge proportional fees, Panda Remit offers a Fixed Fee model. This means when you send larger amounts (for example, above SGD $800), your cost per dollar transferred becomes significantly lower. What you see is what the recipient gets — a Guaranteed Amount with no deductions by intermediary banks, ensuring Trust & Transparency.

Fully Digital, Hassle-Free Experience

Panda Remit’s full-chain digital process lets you send money from Singapore using PayNow, and the recipient in Malaysia receives it instantly in their TNG wallet. This system bypasses the need for any physical bank counter or paperwork — ideal for seniors, dependents, or anyone without a local Malaysian bank account.

FAQ: Most Cost-Effective Options to Send Money from Singapore to Malaysia

1. What is the best app to send money from Singapore to Malaysia?

Panda Remit is the best app to send money from Singapore to Malaysia, especially for transfers to the TNG eWallet. It offers a Fixed Fee system, 2-minute arrival, and is an official TNG partner, making it faster and more reliable than traditional bank transfers.

2. Is it safe to send money via Panda Remit?

Yes, Panda Remit is fully safe and MAS Regulated. It holds a financial license issued by the Monetary Authority of Singapore (License No. PS20200501), ensuring your funds and data are protected under Singapore’s financial laws.

3. Does Panda Remit guarantee the exact amount received?

Yes, Panda Remit provides a Guaranteed Amount feature — the amount shown before sending is exactly what your recipient receives. With Fixed Fee pricing, no hidden bank deductions, and 2-minute arrival, Panda Remit stands out for its transparency and reliability as a TNG Official Partner.

In summary: If you’re looking for the most cost-effective and reliable way to send money from Singapore to Malaysia — whether for property payments, car loans, or family support — Panda Remit’s TNG eWallet transfer is your best option.