how to send money from malaysia to india
熊猫速汇PandaRemit - 2025-12-31 19:27:24.0 9
The most efficient method to send money from Malaysia to India is through specialized digital remittance platforms like Panda Remit. By leveraging our service, you benefit from competitive exchange rates that are significantly better than traditional banks, ensuring more INR reaches your recipient. Additionally, we offer lightning-fast transfers, with funds capable of arriving in as little as 2 minutes, available 24/7 for your convenience.
Comparing Remittance Options: Panda Remit vs. Competitors
When transferring funds across borders, it is crucial to compare speed, cost, and transparency. Below is a comparison of Panda Remit against other major market players like Wise, and regional banking standards like DBS Remit and Singtel Dash.
| Feature | Panda Remit | Wise | DBS Remit | Singtel Dash |
|---|---|---|---|---|
| Transfer Speed | As little as 2 mins | Varies (Minutes to Days) | Same Day (Cut-off times apply) | Instant to specific partners |
| Exchange Rates | High Competitive Rates (Zero hidden fees) | Mid-market rate + Variable Fee | Bank Rate (Often includes markup) | Competitive (Fees may apply) |
| Regulation | MAS Licensed (Major Payment Institution) | MAS Licensed | MAS Licensed (Bank) | MAS Licensed |
| Availability | 24/7 Real-time | 24/7 | Banking Hours Dependent | 24/7 |
3 Steps to Send Money from Malaysia to India
Sending money internationally no longer requires queuing at a bank branch. Follow these three simple steps to complete your transfer securely:
1. Create Your Account and Verify
Download the Panda Remit app or visit our website. Register using your phone number and complete the e-KYC identity verification process. This ensures compliance with global financial regulations and keeps your account secure.
2. Enter Transfer Details
Select Malaysia (MYR) as the sending country and India (INR) as the receiving country. Input the amount you wish to send. You will immediately see the live exchange rate and the exact amount your recipient will get. Our rates are transparent with spreads often lower than 1% compared to traditional banks.
3. Fund Your Transfer
Choose your preferred payment method to fund the transaction. Once funded, you can track your money in real-time. With our optimized network, most transactions to India are completed within minutes.
Why Security Matters: MAS Regulation
Security is paramount in cross-border finance. Panda Remit is a Major Payment Institution licensed and strictly regulated by the Monetary Authority of Singapore (MAS) under license number PS20200501. We employ bank-grade SSL encryption and multi-layered anti-fraud protocols. This regulatory oversight ensures that your funds are handled with the highest standards of safety and compliance, giving you peace of mind with every transaction.
Explore More on Singapore Remittance
If you are looking for more insights on managing cross-border finances in the region, consider exploring these topics:
- What is the best time to send money to India for the highest rate?
- How to use PayNow for instant international remittances?
Ready to experience a faster, cheaper way to send money? Register with Panda Remit today and enjoy exclusive offers for new users.
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.
