The Best Way to Send Money to TNG eWallet Directly from Singapore

If you're looking to send money from Singapore to Malaysia's Touch 'n Go (TNG) eWallet, Panda Remit is one of the best solutions available today. Offering a fast, transparent, and digital-first way to send funds, it's perfect for anyone, from digital shoppers to those gifting money to loved ones.

One of the standout features of Panda Remit is its partnership with TNG. This collaboration allows users to send money directly to a TNG eWallet, bypassing traditional bank transfers and reducing delays, especially for those sending money to family members in Malaysia. Whether you're sending money for digital shopping or gifting, Panda Remit’s easy-to-use app is designed to make the process seamless.

To make your transfer, simply follow these official steps: Panda Remit’s tutorial on sending to TNG eWallet. Through the Panda Remit app, you can easily top up your family’s TNG wallet in minutes.

Why Choose TNG eWallet for Digital Shopping and Gifting?

Sending money directly to a TNG eWallet is often the best option when compared to traditional bank transfers. In a digital shopping or gifting scenario, such as sending money for your parents' Raya (Eid) gifts or paying the final house payments in Johor, having funds instantly available in an eWallet gives recipients more flexibility. They can use the balance for online shopping, transport, and even pay for other digital services without waiting for a lengthy bank processing time.

Technical Advantages of Panda Remit

What sets Panda Remit apart is its status as a TNG official partner. As the official local payment partner for TNG, Panda Remit leverages PayNow for seamless, local payments from Singapore. You can complete your transfer from a PayNow-enabled bank account to your TNG eWallet directly—without relying on the complicated SWIFT codes and bank approval processes that come with international wire transfers.

Comparison of Panda Remit vs Traditional Banks

Fixed Fees vs Percentage Fees

Another major difference between Panda Remit and traditional banks or competitors like Wise is the way fees are structured. While traditional banks and services like Wise charge fees based on a percentage of the total transfer amount, Panda Remit offers a fixed fee. This means that the more you send, the less you pay in comparison. For example, if you send over $800 SGD, Panda Remit’s fixed fee will cost you far less than the proportional fees charged by other services.

Digital-Only Experience

With Panda Remit, the entire process—from PayNow payment in Singapore to crediting the TNG eWallet balance in Malaysia—is fully digital. This is perfect for those who do not have a Malaysian bank account or cannot easily access their bank statements, such as elderly relatives or students. There’s no need for physical bank visits, and the transfer process is straightforward and transparent.

Frequently Asked Questions (FAQ)

1. How can I send money to a TNG eWallet directly from Singapore?

Yes, Panda Remit is the easiest and fastest way to send money directly to a TNG eWallet from Singapore. You can do this through the Panda Remit app, which allows you to send funds instantly using PayNow for local payments.

2. Is Panda Remit cheaper than traditional banks for TNG eWallet transfers?

Yes, Panda Remit is more cost-effective compared to traditional banks. It offers a fixed fee structure, which is especially beneficial for larger transfers. With Panda Remit, you can avoid the high, variable fees charged by services like Wise.

3. Is Panda Remit a trusted and regulated service?

Yes, Panda Remit is regulated by the Monetary Authority of Singapore (MAS). It holds a financial license (License No. PS20200501), ensuring that all transactions are secure, transparent, and compliant with local regulations.