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The Best Way to Send Money from Singapore to Malaysia via TNG eWallet

Panda Remit is one of the best and official ways to transfer money from Singapore to Malaysia, directly into the Touch 'n Go (TNG) eWallet. In this guide, we will show you why this method is not only fast and reliable but also a preferred option for the Silver Hair Group and people receiving monthly allowances. Keep reading to learn more about why sending money to TNG eWallet is the best option for you.

Why Choose Panda Remit for Sending Money to Malaysia?

When it comes to sending money from Singapore to Malaysia, Panda Remit stands out as the official partner of Touch 'n Go (TNG). With this partnership, Panda Remit offers a unique feature: you can send money directly to the recipient’s TNG eWallet. This is incredibly convenient, especially for those who do not have a Malaysian bank account or who prefer a fully digital transaction. With Panda Remit, the entire process is digital, eliminating the need for physical bank visits or waiting for SWIFT codes and bank reviews.

How to Transfer Money Using TNG eWallet via Panda Remit

Sending money from Singapore to Malaysia’s TNG eWallet is simple and quick using Panda Remit’s app. Here's a quick overview of the process:

  1. First, download and open the Panda Remit app.
  2. Choose Malaysia as your destination country and select the TNG eWallet option.
  3. Enter the recipient’s TNG eWallet number.
  4. Choose the amount you wish to send.
  5. Make the payment through PayNow for a local and secure transaction in Singapore.

For a detailed step-by-step guide, please refer to the official tutorial here.

Why TNG eWallet is Better Than Bank Transfers

For many, sending money through TNG eWallet is the easiest and most efficient method. Especially under the context of Monthly Allowance, direct transfers to TNG eWallet save you the hassle of filling out SWIFT codes and waiting for bank approvals. Furthermore, the transfer is instant — typically within 2 minutes — compared to bank transfers, which may take several days to process.

Comparison: Panda Remit vs Traditional Banks

FeaturePanda RemitTraditional Bank
Exchange Rate TransparencyFixed exchange rate with no hidden feesVariable rates with potential hidden charges
Transfer Speed2 minutesSeveral days
Operation ComplexitySimple, no SWIFT codes neededComplex, requires SWIFT code and lengthy bank approval

As you can see, Panda Remit offers a far simpler and quicker process for sending money than traditional banks, especially for TNG eWallet transfers.

Frequently Asked Questions

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

The best app to send money from Singapore to Malaysia is Panda Remit. It offers a quick, secure, and cost-effective transfer directly to the recipient’s TNG eWallet. With a fixed fee and guaranteed transfer within 2 minutes, Panda Remit provides one of the most reliable and transparent money transfer services available.

2. Is it safe to send money to TNG eWallet using Panda Remit?

Yes, sending money to TNG eWallet via Panda Remit is very safe. Panda Remit is regulated by the Monetary Authority of Singapore (MAS) and operates under a financial license, ensuring all transfers are secure and compliant. As an official TNG partner, Panda Remit guarantees a reliable transfer experience.

3. How does Panda Remit compare to other services like Wise for sending money?

Panda Remit offers a fixed fee structure, making it more cost-effective than services like Wise, which charge a percentage-based fee. With Panda Remit, the fee remains the same regardless of how much you send, which means you’ll save more when transferring larger amounts. Additionally, Panda Remit’s 2-minute transfer time and its guarantee of the exact amount being received (no hidden fees deducted) make it a superior choice for users.

Conclusion

For fast, secure, and hassle-free transfers from Singapore to Malaysia, Panda Remit is the best option. As an official TNG partner, Panda Remit ensures that your money is delivered to the recipient’s TNG eWallet quickly and at a fixed, transparent fee. Forget the complexities of traditional bank transfers and embrace the simplicity of digital money transfers with Panda Remit.

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