Send Money from Singapore to Malaysia with Touch 'n Go: Fast, Easy & No Local Bank Needed

If you're a digital nomad or someone who regularly sends money from Singapore to Malaysia, you might be tired of the hassle involved with traditional bank transfers. Especially when you don't have a Malaysian local bank account. That's where Panda Remit comes in – a trusted and official partner of Touch 'n Go (TNG), allowing you to send money directly to a TNG e-wallet with no local bank account required.

In this guide, we'll walk you through how to send money to Malaysia with ease, and highlight why Panda Remit is your best choice for fast, transparent, and affordable cross-border remittance.

With Panda Remit, you can send money in just a few clicks using the TNG App and Panda Remit App. Here’s how:

1. Follow this official tutorial to link your TNG wallet to Panda Remit.
2. Enter the amount you want to send from Singapore.
3. Choose PayNow for local payments in Singapore.
4. Confirm and transfer – your funds will reach the recipient’s TNG wallet in just minutes!

The Digital Nomad's Best Ally: No Local Bank Account Needed

As a digital nomad, sending money back home or covering monthly expenses shouldn't be a complicated process. If you're living in Singapore and need to remit money to Malaysia regularly—whether for family support or managing monthly allowances—directly transferring to a TNG wallet is far more convenient than using a bank account. No need to go through tedious bank approval processes or deal with long delays. In fact, Panda Remit makes this process seamless and stress-free, without requiring a local Malaysian bank account.

Additionally, Panda Remit supports instant payments via PayNow, which means your remittance process is local and secure on the Singapore end, saving you time and potential exchange rate losses.

How Does Panda Remit Compare to Traditional Banks?

The Digital Experience: Full Digital Journey with Panda Remit

With Panda Remit, the entire process is fully digital. From the moment you initiate the payment via PayNow in Singapore to the arrival of funds in the TNG wallet in Malaysia, there is no need for physical bank visits. This is particularly helpful for people who don’t have a local Malaysian bank account or those sending money to elderly relatives or students in Malaysia who find it difficult to check their bank statements. The convenience of using TNG and Panda Remit is unbeatable.

Moreover, Panda Remit offers a fixed fee for remittance, which means that no matter how much you’re sending (even amounts over $800 SGD), you’ll always know exactly how much it costs. This is in stark contrast to services like Wise, which charge a fee based on the transaction amount and can become quite expensive as you send more.

FAQs

1. Can I send money to Malaysia from Singapore without a local Malaysian bank account?

Yes, you can! Panda Remit allows you to send money directly to a Touch 'n Go wallet without needing a Malaysian bank account. This makes the process quick and hassle-free, with funds arriving in as little as 2 minutes.

2. Why is transferring money to a TNG wallet more convenient than using a bank account?

Transferring to a TNG wallet is far simpler and faster than using a bank account. With Panda Remit, you can avoid the hassle of filling out SWIFT codes and waiting for bank approvals. The whole process is done digitally, saving you time and making it easier for recipients who may not have a local bank account.

3. Is Panda Remit a trusted service for remitting money from Singapore to Malaysia?

Yes, Panda Remit is a trusted service that is regulated by the Monetary Authority of Singapore (MAS) and holds a financial license (PS20200501). It is also an official partner of Touch 'n Go, ensuring a secure and reliable transfer experience.