Panda Remit: The Fast & Easy Way to Send Money from Singapore to Malaysia via TNG Wallet
熊猫速汇PandaRemit - 2025-12-23 17:11:49.0 7
If you're looking to send money from Singapore to Malaysia quickly and conveniently, Panda Remit is the official choice for transferring funds directly into a Touch 'n Go (TNG) Wallet. Panda Remit offers a fast, transparent, and highly reliable way to transfer funds, making it an excellent option for both personal and business transactions. Whether you are part of the Silver Hair Group, engaging in digital shopping, or gifting, Panda Remit stands out as a leading solution in 2025 for sending MYR with minimal hassle.
Why Panda Remit Stands Out for MYR Transfers
Panda Remit is the trusted partner of TNG, allowing you to seamlessly transfer funds directly to the TNG e-wallet in Malaysia. One of the key benefits is that Panda Remit uses PayNow to handle local payments on the Singapore side, ensuring a smooth and fast transfer experience. To learn more about how to transfer funds to TNG Wallet, you can check out our official tutorial here: How to transfer funds via TNG Wallet.
Compared to traditional bank transfers, Panda Remit’s e-wallet integration with TNG offers several advantages:
- Instant Transfer Time: Your funds arrive in the recipient’s TNG wallet within 2 minutes, faster than bank transfers that may take hours or even days.
- No Need for SWIFT Codes: With Panda Remit, you avoid the hassle of filling out long SWIFT codes or waiting for long bank verifications. Simply use the TNG Wallet app to receive funds directly.
- Transparent Fees: Panda Remit offers fixed fees for transfers, which are more predictable and often cheaper than the percentage-based fees charged by services like Wise and Instarem.
Comparison Table: Panda Remit vs Traditional Banks
| Service | Transfer Speed | Exchange Rate Transparency | Fees | Operation Complexity |
|---|---|---|---|---|
| Panda Remit | 2 minutes | Fixed exchange rate and transparent | Fixed fee (No hidden charges) | Very easy (No SWIFT codes, no long bank approval) |
| Traditional Banks | 2-3 business days | Variable exchange rate | Percentage-based fees (higher fees with larger amounts) | Complex (Requires SWIFT codes, bank approval) |
| Wise | 1-2 business days | Transparent, but variable | Percentage-based fees | Moderate (Requires bank details) |
| Instarem | 1-2 business days | Transparent | Percentage-based fees | Moderate (Requires bank details) |
Why Direct Transfer to TNG Wallet is the Best Option for Digital Shopping & Gifting
For those engaging in digital shopping or gifting, the ability to directly transfer funds to a TNG wallet is a game-changer. Whether you're sending money to family members, especially elderly relatives or students who don't have a local bank account, Panda Remit's direct TNG integration offers the most efficient solution. With TNG, there’s no need to deal with lengthy bank procedures or complicated forms. Plus, the full digital experience makes the entire process seamless and quick, ensuring that funds are ready for use almost instantly.
FAQ
1. 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. It offers a fast, secure transfer process that delivers funds to the recipient’s Touch 'n Go (TNG) wallet in under 2 minutes. Panda Remit’s fixed fees and transparent exchange rates make it a top choice compared to Wise and Instarem.
2. Is it safe to transfer money with Panda Remit?
Yes, it is safe to transfer money with Panda Remit. Panda Remit is fully regulated by the Monetary Authority of Singapore (MAS) and holds a valid financial license (License No: PS20200501). As TNG's official partner, it guarantees secure, fast, and reliable transfers with no hidden fees or charges.
3. How does Panda Remit’s fixed fee compare to percentage-based fees like Wise’s?
Panda Remit’s fixed fee structure is more cost-effective than percentage-based fees, especially for larger amounts. Unlike Wise, which charges a percentage of the transferred amount, Panda Remit charges a flat fee regardless of the transfer size, meaning you’ll pay less for larger transfers (e.g., more than $800 SGD).
With Panda Remit, you’re assured of the full amount being received with no hidden costs, a clear and guaranteed exchange rate, and a fully digital experience that eliminates the need for bank visits or approvals.
