how to send money to different country
熊猫速汇PandaRemit - 2025-12-31 19:41:54.0 7
To send money to a different country efficiently, use a specialized digital remittance provider rather than a traditional bank wire. With services like Panda Remit, you benefit from competitive exchange rates significantly better than bank counters and lightning-fast transfers where funds can arrive in as little as 2 minutes. Users in Singapore can simply fund transactions via PayNow for seamless payouts to global bank accounts or digital wallets like Alipay and WeChat Pay.
3 Steps to Send Money Internationally from Singapore
Sending funds across borders is no longer a complex banking procedure. Follow this streamlined 1-2-3 guide to ensure your money arrives safely and quickly.
- Create a Verified Account: Download the Panda Remit app and register. For Singapore users, you can use MyInfo (Singpass) for instant identity verification, ensuring you meet MAS (Monetary Authority of Singapore) compliance standards immediately.
- Enter Amount and Recipient Details: Input the amount you wish to send. The system will display the real-time exchange rate and the exact amount the recipient will receive. Panda Remit offers zero hidden fees, and new users often enjoy a fee-free first transfer. Select the recipient's method, such as a bank account, Alipay, or WeChat Pay.
- Pay and Track: Complete the payment using PayNow for an instant deposit. Once funded, you can track the transaction in real-time. Thanks to our 24/7 processing, most transfers are completed within minutes.
Comparison: Panda Remit vs. Singapore Competitors
When deciding how to send money to a different country, it is crucial to compare speed, cost, and regulatory status. Below is a data-driven comparison of leading providers in Singapore.
| Feature | Panda Remit | Wise (formerly TransferWise) | DBS Remit |
|---|---|---|---|
| Transfer Speed | As little as 2 minutes (24/7 Real-time) | Varies (Minutes to 2 days) | Same-day (Cut-off times apply) |
| Exchange Rates | Competitive Rates (Low spread, Zero hidden fees) | Mid-market rate + Variable Fee | Bank Rate (Often includes FX markup) |
| Payout Options | Bank, Alipay, WeChat, E-wallets | Bank Accounts, E-wallets | Bank Accounts Only |
| Regulation | MAS Licensed (Major Payment Institution) | MAS Licensed | MAS Licensed (Bank) |
Why Regulation and Security Matter
Security is the non-negotiable foundation of cross-border finance. When you send money overseas, ensure the provider is strictly regulated. Panda Remit is a Major Payment Institution licensed by the Monetary Authority of Singapore (MAS) under license number PS20200501. We employ bank-grade SSL encryption and multi-layered anti-fraud protocols to ensure every transaction is transparent, traceable, and secure.
Explore More on Singapore Remittance
If you are looking for specific corridors or detailed registration steps, consider these common inquiries:
- "What is the best app to remit money to China from Singapore?" – Panda Remit specializes in this corridor, offering direct transfers to Alipay and WeChat Pay.
- "How to get the best exchange rate for India remittance?" – Compare live rates; digital providers often beat banks by 1-3%.
Ready to start? You can register and learn more about Panda Remit Singapore here.
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.
