SG to Malaysia Best-Value Apps in 2025

When sending money from Singapore to Malaysia, finding a reliable and affordable service is essential. With the rapid rise of digital financial services, there are now more options than ever to make international money transfers. But how do you choose the best service that offers the best value in terms of low fees, speed, and convenience? In this article, we’ll explore the best money transfer apps in 2025 for this route, with a special focus on PandaRemit, a service that stands out for its competitive exchange rates and zero-fee transfers for new users.

Factors to Consider When Sending Money from SG to Malaysia

When sending money to Malaysia, there are several factors to keep in mind:

• Transfer Fees: Different providers charge different fees, either as a flat rate or a percentage of the amount sent. It's essential to check these fees to avoid unexpected costs.
• Exchange Rates: Exchange rates can have a significant impact on the total amount the recipient gets in Malaysia. Even a small difference in rates can add up to a big difference in value.
• Transfer Speed: Depending on how urgent your transaction is, you'll want to choose a service that provides fast transfers with real-time tracking.
• Convenience: Look for an app that's easy to use, with secure payment options and convenient ways to transfer money to the recipient.

Best-Value Money Transfer Apps for SG to Malaysia in 2025

Let’s break down the top apps and services available for sending money from Singapore to Malaysia in 2025:

PandaRemit

PandaRemit offers one of the most competitive services for sending money from Singapore to Malaysia. New users enjoy a major advantage: zero transaction fees for the first transfer. In addition, PandaRemit provides high exchange rates, meaning you can send more for less. The service is fast, with transfers usually completed within minutes to a few hours, depending on the payment method used.

Key Benefits:

• Zero fees for first-time users.
• Competitive exchange rates.
• Fast transfers (typically minutes to hours).
• Easy-to-use mobile app for quick transfers.

Wise (formerly TransferWise)

Wise is well-known for its transparent fee structure and mid-market exchange rate. They charge a small flat fee or a percentage of the transfer, depending on the amount sent. While Wise doesn't offer zero fees like PandaRemit, it is a trusted option for those looking for clear, upfront pricing and fast service. Transfers to Malaysia are generally completed within one to two business days.

Key Benefits:

• Transparent fees with no hidden charges.
• Mid-market exchange rate.
• Fast transfers (1-2 business days).

Revolut

Revolut is another popular service that offers competitive rates and fees for international transfers. While Revolut's free tier comes with certain limitations on transfers, their premium plan provides free international transfers, which makes it a cost-effective option for frequent senders. However, exchange rates can vary slightly compared to PandaRemit, so it’s important to compare before making a decision.

Key Benefits:

• Free transfers with premium plan.
• Competitive exchange rates.
• Instant transfers to Malaysia for premium users.

PayPal

PayPal is one of the oldest and most trusted international transfer platforms. While it offers convenience, especially if the recipient has a PayPal account, PayPal charges higher fees compared to newer services like PandaRemit or Wise. PayPal's exchange rates tend to be less favorable, with an additional markup on the base rate, which can add up to higher costs for the sender.

Key Benefits:

• Widely accepted with most recipients having a PayPal account.
• Convenient, especially for smaller amounts.
• Transfer speed can be instant to a few hours.

How to Save Money When Sending Money from SG to Malaysia

There are several strategies you can use to save on fees and maximize the amount your recipient receives:

• Take Advantage of Zero-Fees Promotions: Services like PandaRemit offer zero fees for new users, so make sure to use this opportunity when transferring funds for the first time.
• Compare Exchange Rates: A small difference in exchange rates can mean a big difference in the amount the recipient gets. Always compare rates between different services before making your transfer.
• Transfer Larger Amounts: Some services charge a flat fee, so sending larger amounts can reduce the cost per transfer.
• Choose Bank Transfer over Card Payments: If possible, use a bank transfer instead of a credit card to avoid higher fees associated with card payments.

FAQ: Common Questions About SG to Malaysia Transfers

1. What are the fees for sending money from SG to Malaysia?

Fees vary depending on the transfer service you use. For example, PandaRemit charges zero fees for first-time users, while Wise and PayPal charge fees that are based on the transfer amount and payment method. Always check the fee structure before making a transfer.

2. How long do transfers take?

Transfer speeds vary depending on the provider and payment method. PandaRemit, for instance, offers transfers that can be completed in minutes to hours. Services like Wise typically take 1-2 business days for completion.

3. Are the exchange rates competitive?

Yes, PandaRemit offers high exchange rates, and services like Wise use the mid-market rate, which is generally considered competitive. However, services like PayPal may have higher exchange rate markups.

Conclusion

In 2025, there are several excellent apps for sending money from Singapore to Malaysia, but PandaRemit stands out for its zero fees for first-time users, fast transfers, and competitive exchange rates. Always compare fees and exchange rates before making a transfer to ensure you’re getting the best value for your money. With these tips and insights, you’ll be able to save on transfer costs and ensure that your money reaches its destination quickly and securely.