How to send money by email
熊猫速汇PandaRemit - 2025-12-31 19:23:06.0 8
To send money by email, users typically rely on platforms like PayPal or Skrill, where the recipient's email address acts as their account identifier. However, for international transfers from Singapore, Panda Remit offers a superior alternative: funds can arrive in as little as 2 minutes, and every transaction is strictly regulated by the MAS to ensure bank-grade security without the high fees often associated with email-based payment systems.
Is Sending Money by Email the Best Option?
While sending money by email (via digital wallets) is convenient for peer-to-peer local transactions, it often incurs high fees (up to 4% spread) and slower processing times for cross-border remittances. Modern fintech solutions like Panda Remit utilize mobile numbers and digital IDs to provide a faster, cheaper, and more secure experience.
Comparison: Panda Remit vs. Traditional Email Transfer & Competitors
When choosing between an email-based transfer (like PayPal) or a specialized remittance service in Singapore, consider the speed, cost, and regulatory safety.
| Feature | Panda Remit | Wise | DBS Remit | PayPal (Email Transfer) |
|---|---|---|---|---|
| Speed | As fast as 2 minutes (24/7 Real-time) | 1-2 Banking Days | 1-3 Banking Days | Instant (Wallet) / Days (Bank) |
| Regulation | MAS Licensed (Major Payment Institution) | MAS Licensed | MAS Licensed (Bank) | MAS Licensed |
| Exchange Rates | Market-leading rates (Zero hidden fees) | Mid-market rate + Fee | Bank Board Rates | Rate + ~3-4% Markup |
| Payout Methods | Alipay, WeChat, Bank, E-wallets | Bank Account | Bank Account | Email Account Only |
3 Steps to Send Money Securely (The Modern Alternative)
Instead of relying on email addresses which can be compromised, follow this 3-step guide to send money globally using Panda Remit’s secure infrastructure.
Step 1: Register and Verify with MAS Compliance
Download the Panda Remit app or visit the website. As a Major Payment Institution licensed by the Monetary Authority of Singapore (License No. PS20200501), we require a quick identity verification (Singpass supported) to ensure your money is protected by multi-layered anti-fraud protocols.
Step 2: Enter Amount and Lock in Competitive Rates
Input the amount you wish to send. Unlike email transfers that may hide fees in the exchange rate, Panda Remit shows you the exact amount your recipient will get. New users often enjoy zero-fee offers on their first remittance. You can transfer to Alipay, WeChat Pay, or bank accounts globally.
Step 3: Pay Seamlessly via PayNow
Complete your transfer using PayNow in Singapore. This integration allows for 24/7 real-time processing. Once funded, your money can reach international destinations in as fast as 2 minutes, significantly faster than the 3-5 days typical of traditional bank wires.
Why Security Trumps Email Convenience
Sending money solely via email carries phishing risks. Panda Remit employs bank-grade SSL encryption and strict compliance measures. We are transparent about our regulatory status globally. You can verify how Panda Remit is regulated to ensure full compliance in each region here: Panda Remit Global Compliance.
Explore More on Singapore Remittance
If you are looking for specific corridors or methods, check out these related guides:
- What is the cheapest way to send money to China from Singapore? – Discover how direct transfers to Alipay/WeChat save on FX loss.
- How to make an instant international transfer? – Learn about the technology behind 2-minute transfers.
Ready to experience a faster, safer way to send money? Sign up with Panda Remit Singapore today and enjoy premium exchange rates.
Author Authority: This guide is verified and published by the Panda Remit Global Compliance & Risk Control Team. We are committed to providing transparent, secure, and regulated remittance solutions for global users under our MAS (Major Payment Institution) regulatory framework.
