Send Money to Indonesia

Send Money to Indonesia Securely

Information verified correct on March 24th, 2017

Take advantage of competitive exchange rates and low transfer fees when you need to send money to Indonesia.

When you need to get money to a loved one overseas, the last thing you want to deal with is navigating a potentially complicated and expensive process. Sending money from the United States to Indonesia doesn’t have to be expensive. Compare the transfer fees and exchange rates of the options available to you to get the best deal.

From bank transfers and online transactions to options that allow recipients to collect your funds within minutes, sending an international money transfer to Indonesia is easy. But do your research and shop around for the best available deal.

Rates last updated March 24th, 2017

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Save money on your personal or business international money transfer today. Fill in the form and you’ll be contacted by a foreign exchange expert to have an obligation-free discussion about your options.

With over 17 years of foreign exchange expertise and over $100 billion transferred, OFX can help with all your currency exchange needs, including:

  • Buying property abroad
  • Emigrating
  • Regular overseas payments
  • Risk management
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Min. Transfer Amount Transfer Speed Services Online Transfer Fee Rate Amount Received
Wyre International Money Transfers
No transfer fees for finder... No transfer fees for finder.com readers. Make transfers with Bitcoin.
OnlinePhone
Rates are always
changing, click to check
your price today
Go to site More
World First Foreign Exchange
Exclusive offer: $0 transfer fee ... Exclusive offer: $0 transfer fee
No-limit transfers with competitive exchange rates for more than 100 currencies.
USD 500 1 day
Online
Rates are always
changing, click to check
your price today
Go to site More
WorldRemit International Money Transfers
Use promo code FREE to ... Use promo code FREE to send your first transfer for no fee, to over 110 countries for bank-to-bank deposit, cash pickup or mobile top-up.
USD 1 Within an hour
OnlineCash Transfer
Rates are always
changing, click to check
your price today
Go to site More
TransferWise International Money Transfers
Enjoy high maximum transfers into ... Enjoy high maximum transfers into more than 20 currencies while saving up to 90% over local banks.
USD 1 1 day
Online
Rates are always
changing, click to check
your price today
Go to site More
OFX International Money Transfers
Send safe... Send safe, no-limit transfers with no fees and competitive exchange rates.
USD 150 1 day
Online
Rates are always
changing, click to check
your price today
Go to site More
HiFX International Money Transfers
Transfer money into 20 currencies ... Transfer money into 20 currencies and schedule regular payments. $5 fee waived for transfers over $5,000.
USD 100 2 days
Online
Rates are always
changing, click to check
your price today
Go to site More
TorFX International Money Transfers
No hidden fees and a ... No hidden fees and a best rate guarantee for 60 global currencies.
USD 150 1 day
OnlinePhoneAgent
Rates are always
changing, click to check
your price today
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Wells Fargo Bank
While more expensive than other ... While more expensive than other options, securely send money to 13 Latin American and Asian countries.
USD 1 1 day
Online
Rates are always
changing, click to check
your price today
More

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  • If the provider quotes a different rate to the one above please let us know

How do international money transfers work?

An international money transfer allows you to send money to a recipient overseas. Generally, a transfer involves you providing funds to a bank or an independent transfer provider, which then sends the money to your recipient in another country — in this case, Indonesia. This can be done in person, over the phone, through a mobile app or online. You can use cash, a credit or debit card, or transfer funds from your bank account, which will then either be deposited into your recipient’s bank account or mobile wallet, or made available as cash for them to pick up at a location in their country.

Banks versus money transfer companies

We use our banks to take care of all our other financial needs, so surely we should use them when we need to send an international money transfer, right? Not necessarily. While major U.S. banks offer money transfer services, they usually present less competitive exchange rates coupled with high transfer fees.

You can often save money by using the services of a dedicated money transfer company. These providers specialize in handling overseas money transfers, offering attractive exchange rates and affordable transfer fees. This translates to big savings for you.

Jenny Sends Money to Indonesia

When Jenny’s daughter Lauren headed off for a year of backpacking in Indonesia, Jenny knew the slightly naive teenager was bound to run out of money before the 12 months were up. So when Lauren phoned home after 7 months and requested a quick injection of funds, Jenny was ready with $1,000 to transfer. In order to find the cheapest transfer method, Jenny compared the services of two transfer providers:

Money transfer company 1Money transfer company 2
Exchange rate1 USD = 13,741.61 IDR1 USD = 13,899.13 IDR
Transfer fee$14$10
Transfer methodBank account depositBank account deposit
Processing time2-3 business days1-4 business days
Amount received (in IDR)13,741,610 IDR13,899,130

As you can see, not only does the second transfer company offer a $4 saving on fees but it also allows Jenny to send more than 157,000 IDR extra to her daughter.

How to compare transfer companies when transferring money to Indonesia

  • Exchange rates. A difference of just a couple of cents in exchange rates can equate to hundreds of dollars once you calculate your transfer amount. Keep an eye out for companies that offer better rates than their competitors.
  • Fees. Most companies charge a fee to send your money around the world, though some will waive that fee for large transfers. The fee and the exchange rate determine how much your transfer will cost.
  • Transfer methods. Some companies will only offer online transfers but others will also allow you to make transfers over the phone, in a branch or by using a mobile app.
  • Transfer options. Can you lock in an ideal exchange rate now and transfer the money later, known as a forward contract? Does the institution offer limit orders, which allows you to take advantage of changing market conditions by executing the money transfer when a certain exchange rate is met? Can you schedule recurring payments, or does the company only provide one-off spot orders?
  • Turnaround time. Some companies can send transfers within about 10 minutes, while others will take several business days. However, keep in mind that quicker transfers usually cost more.
  • Minimum transfer amount. Read the fine print offered by each company to see if they impose a minimum transfer limit. A high minimum transfer limit can severely restrict your transfer options.
  • Pickup methods. Bank account transfers and cash pickup from an agent are the two most common options.
  • Customer service. It can be very reassuring to know that phone and email customer support will be available if you ever have a question.
Foreign exchange rates explained
The exchange rate determines how much one country’s currency is worth in another currency. When a country’s currency is strong, it will yield more money when exchanging it in a country with a weak currency. For example, in December 2016, the U.S dollar was worth approximately 19 Mexican pesos. However, most countries’ exchange rates are flexible, which means it can change from moment to moment. Factors that influence the exchange rate include interest rates, economic stability and inflation.

How to send money to Indonesia from America

  • Bank transfers. A Bank-to-bank transfer is a secure way to send money to Indonesia, but it can be expensive.
  • Online money transfer providers. Companies like WorldRemit and TransferWise offer online transfers to your recipient’s Indonesian bank account.
  • Money transfer companies with cash pickup options. Western Union and MoneyGram are two companies that offer this option.
  • PayPal. PayPal offers secure international money transfers to Indonesia.
  • Checks. International checks from your bank are a reliable but slow transfer method.

Emergency cash transfers in Indonesia

There are certain situations when you might need to send a transfer as quickly as possible. When you do need to send an emergency transfer, remember that you will usually have to pay extra in order to get your funds to your beneficiary ASAP. Make sure to check the exchange rate and fees that apply so you know exactly how much it will cost.

Find a money transfer location near you

Tips for picking up cash in Indonesia

Whether you’re picking up cash in Indonesia or any other country, take a safety-first approach. Use common sense, such as keeping your cash hidden and depositing it with your bank as soon as possible. Taking a friend along with you to collect the funds is also a good idea.

How to send money to Indonesia

When you send money overseas you will need to provide certain details in order for the provider to process your transaction. In addition to details of the amount you’re sending and who you’re transferring it to, you’ll need to supply information about yourself, including:

  • Your full name and residential address
  • Your phone number and email address
  • Your date of birth
  • Valid photo ID

How safe is a money transfer?

When processed through a reputable provider, your funds are safely tracked until in the hands of your recipient. When sending money internationally, federal protections are in place that require banks, credit unions and money transfer companies to, for example, disclose all fees upfront and give you 30 minutes to cancel a transfer, assuming it hasn’t yet been picked up or deposited.

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US International Money Transfers Offers

Learn about our information service
HiFX International Money Transfers

Transfer money into 20 currencies and schedule regular payments. $5 fee waived for transfers over $5,000.

WorldRemit International Money Transfers

Use promo code FREE to send your first transfer for no fee, to over 110 countries for bank-to-bank deposit, cash pickup or mobile top-up.

World First Foreign Exchange

Exclusive offer: $0 transfer fee
No-limit transfers with competitive exchange rates for more than 100 currencies.

TransferWise International Money Transfers

Enjoy high maximum transfers into more than 20 currencies while saving up to 90% over local banks.

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