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Looking for the best way to send money from Canada to family, friends or businesses in Indonesia (or even to your own overseas bank account)?
Don't head straight to your Canadian bank – compare specialist money transfer services instead. They nearly always offer better IDR exchange rates and lower fees, so for the same amount of Canadian dollars you send, your recipient will receive more rupiahs.
Of the companies we've compared, Xe Money Transfers is among the cheapest, with competitive exchange rates and fees starting from $0. Need a really fast transfer? Xe Money Transfers can get money to your recipient in Indonesia within minutes.
Bank transfers are typically the cheapest way to get your money to Indonesia. Xe Money Transfers and Remitly have some of the lowest bank transfer fees of the brands we've compared.When you're hunting down the cheapest ways to send money to Indonesia, it's more important to look at the overall cost of your transfer. This has a couple of elements:
Some providers may charge the mid-market rate but add fees on top. Others may have very low fees but apply a markup on the exchange rate. This means it is important to compare exactly how many rupiahs your recipient will end up with.
Many online providers can offer transfers to Indonesia within minutes, although you're likely to pay a premium for the convenience.Here are some of the fastest average transfer speeds to Indonesia:
Actual transfer times from Canada to Indonesia can depend on several different factors including transfer amount, payment method and currency.
The safest way to get your money to Indonesia is to use a provider registered with Canada's industry regulator, the Financial Consumer Agency of Canada. All of the companies we've compared in our table are overseen by a local regulator and comply with the relevant laws and regulations in both Canada and Indonesia.
A great way to dive deeper is by reading our extended reviews of each transfer service and researching first-hand customer feedback on Trustpilot and similar platforms.
If you need to make a sizable money transfer to Indonesia, consider using a provider such as OFX or Simplii Financial to benefit from its expertise in handling larger transfer amounts.Using a large transfer specialist can have the following advantages:
To send money to Indonesia, you'll need the necessary documentation, your recipient's details and a way to pay.
Aisyah is working in Canada as a doctor and she stays in regular contact with her elderly parents back home in Indonesia. Her parents need some funds to help pay off a mortgage, so Aisyah plans to send them $2,000 from Canada.
She decides to compare a bank and a money transfer specialist to see which one can save the most money on her transaction.
|Bank||Money transfer company|
|Exchange rate||1 CAD = 10.80 IDR||1 CAD = 10.95 IDR|
|Transfer method||Bank account deposit||Bank account deposit|
|Processing time||2 - 5 working days||Next day|
|Amount received||21,495.98 IDR||21,862.64 IDR|
The money transfer company enables Aisyah to send an extra Rp366.66, which is transferred straight to her parents' Bank Mandiri account.
When choosing a money transfer provider to send money from Canada to Indonesia, it's important to consider the cost, how you want your recipient to receive the funds and the turnaround time. Here are other features to review:
Compared to a month ago, the Canadian dollar is a little stronger against the rupiah. Currently $5,000 is equivalent to Rp55,000.00, whereas a month ago, $5,000 was equivalent to Rp54,149,795.00. That's an increase of -99.9% over the past month.
But compared to a year ago, the Canadian dollar is weaker against the rupiah. A year ago, $5,000 was equivalent to Rp57,369,780.50. That's a decrease of 99.9% over 12 months.
What's more important, however, is where the strength of the Canadian dollar against the rupiah goes from here – which is harder to call. But whichever way it goes, shopping around has the potential to get you more rupiahs for your Canadian dollars and can help you get the best out of any market conditions.
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what is the best way to send instant cash from darwin to lombok indonesia
Thanks for your question.
It depends on a number of things such as the transfer speed, how you would like to transfer the cash and how the recipient wants to receive the cash. Each service also offers different exchange rates. On this page we have a list of tips to help you compare transfer services under “How to compare transfer companies when transferring money to Indonesia”.
We are currently working on updating our table to include Indonesia, so make sure you check back at a later date.
Hope this helps.
What is the cheapest and fastest way to send money from darwin to Lombok Indonesia
Thanks for your question.
Our Money Transfer finder table allows you to compare exchange rates and more of different international money transfer services. Please note, we are currently working to include Indonesian currency in our calculator. However you can contact the money transfer services direct to enquire about sending money to Indonesia specifically.
Otherwise you can speak to an FX expert direct by filling out the form at the bottom of this page – a representative will then contact you.
Please note, we are a comparison website and provide general advice only.