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Send money to Indonesia

Find the best way to transfer money from Malaysia to Indonesia.

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  • Low transfer fees
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Looking for the best way to send money from Malaysia to family, friends or businesses in Indonesia (or even to your own bank account)? Don't head straight to your Malaysian bank - turn to online money transfer services instead. They nearly always offer better exchange rates and lower fees - which means for the same amount of ringgits you send, the recipient will receive more rupiahs.

Compare ways of sending money to Indonesia

Use our table below to compare services that send money from the Federation of Malaysia to Indonesia. Compare the money transfer providers' fees and speeds, then click "Go to site" when you've found the best one to send your Malaysian Ringgits to Indonesia.

Min. Transfer Amount Transfer Speed Online Transfer Fee Rate Amount Received Description CTA Details
USD 1 Same day MYR 3.99 3278.559 IDR
16,379,713
Use promo code 3FREE to send your first 3 transfers with no fee. Conditions apply.
WorldRemit sends money to 110+ countries for bank-to-bank deposits, cash pick-ups or mobile top-ups.
Go to site Show details
USD 60 1 day MYR 0.00 3283.173 IDR
16,415,864
Skrill offers easy transfers to many popular destinations, but keep an eye out for added fees. Go to site Show details
USD 1 1 day MYR 25.00 3282.514 IDR
16,330,506
Use code FINDER to access the RM2,500 discount..
InstaReM offers simple transfers with a flat 0.5% transfer fee for most transfers.
Go to site Show details
USD 1 1 day MYR 55.00 3295.693 IDR
16,297,203
Wise uses the mid-market rate and transparent fees to help you send money in 45+ currencies. Go to site Show details
USD 120 1 - 2 days MYR 5.00 3268.672 IDR
16,327,015
Malaysia-based MoneyMatch offers competitive exchange rates for overseas money transfers from MYR to more than 70 countries. Go to site Show details

Compare up to 4 providers

Disclaimer: Exchange rates change often. Confirm the total cost with the provider before transferring money.

How to send money to Indonesia from Malaysia

Here's our simple process for sending a money transfer to Indonesia as a cash pickup or bank transfer - the two options are similar:

  1. Compare your options.
    Use our table above to find a money transfer provider that sends MYR to Indonesia. One may be better for cash pickups while another might be better suited to a bank transfer. Once you've found the best one for your requirements, click Go to site.
  2. Register for an account.
    You'll need to give your name, address, contact details, proof of ID and method of payment.
  3. Provide recipient details.
    Enter your recipient's name and contact information. If you're sending straight to their Indonesian bank account, you'll need the account number, SWIFT or IBAN plus their bank branch's address.
  4. Enter the transfer amount.
    Check you're happy with the fees, exchange rates and transfer speed, then enter the amount you wish to send. Many services give the amount of Rupiah your recipient should receive, so double check this.
  5. Complete your transfer.
    Send your money transfer to Indonesia. Keep any reference number safe so you can track your transfer - your recipient may need it too.

If you send to an Indonesian bank account, your recipient will need to wait for the funds to arrive. For a cash pick up, your Indonesian recipient will need to show some form of photo ID in order to pick up the funds. It's also important that you give them the transaction reference number to streamline the process.

Ways to send and receive money

How to decide which option is best for you to send money to Indonesia.

  • Bank deposit. Most major banks in the Federation of Malaysia let you wire money to banks in Indonesia. However, you might get weaker exchange rates and pay higher fees all for the privilege of a slower transfer.
  • Online money transfer services. Online companies like make international money transfers to Indonesia easy with bank transfers or cell phone top ups often offered as easy delivery options.
  • Transfer agents across the Federation of Malaysia. Many transfer providers have locations dotted all across the Federation of Malaysia, making it easy for you to send money that can be easily picked up in similar agent locations in Indonesia.
  • Cheques and money orders. If speed is not an issue, you can always pick up an international cheque from your bank or Pos Malaysia to send to Indonesia.
  • Cash pick-up. you to collect cash, even if you don't have a bank account in Indonesia.
  • Bank deposit. If you have an Indonesian bank account, you can have money transferred directly into this without having to make any trips to a money transfer agent location.
  • PayPal. The Xoom app allows you to receive money from Malaysia onto your cell phone, into your Indonesian bank account, or as a cash pick-up.
  • Cheques and money orders. Both personal cheques and money orders can be sent directly to you where you live but these tend to be the slower options.

What documents do I need to transfer money to Indonesia?

To send money from Malaysia to Indonesia, you'll need the following:

1. Photo identification

Most providers require a driver's license, passport or other Malaysian government-issued ID. You can send transfers without the above but may need to give alternate ID instead.

2. Payment method

Your options depend on the provider's services. Popular methods include cash, debit or credit card payments, bank account transfers and personal cheques.

3. Recipient information

You'll need their name (matching their ID) plus contact details. If sending to an Indonesian bank account, you'll need the a/c number, SWIFT and branch details.

What documents do I need to receive money in Indonesia?

To collect money in person in Indonesia, the recipient will need:

1. Transfer number

The reference number - sometimes called a PIN, MTCN or tracking number.

2. Government-issued ID

An official ID, such as an Indonesian passport or driving license.

3. The transfer amount

To know how much has been sent, usually to within 10% of the total.

4. Sender information

The sender's name and address and the country from where the money was sent.

How much does it cost to send money to Indonesia from the Federation of Malaysia?

The cost of sending money to Indonesia from Malaysia depends on the exchange rate between MYR to IDR, the fees, how you want your recipient to receive your transfer and the turnaround time:

  • Exchange rates. The mid-market rate is the rate banks and transfer services use to trade between one another. It is the best rate that you can get. But not all money transfer providers offer you this mid-market rat so compare the exchange rate you're offered to the mid-market rate and look for the smallest difference.
  • Transfer fees. Are you being charged a flat fee or a percentage of your transfer amount? For example, a provider offering to transfer your money to Indonesia for a flat or low fee might work out better if you plan to send a large amount.
  • Transfer speed. If you need your transfer to arrive quickly, you can pay for a quick delivery. Companies such as offer instant cash pickups but may charge more. If you're not in a rush, online money transfer services can offer the best value, usually getting your money to Indonesia faster and cheaper than banks.
  • Transfer limits. Find out how much you can send with each service. For example, one provider may have a send limit of RM10,000 while another may allow you to transfer up to RM1 million. For smaller transfers, check the fees. For large transfers, look harder at the exchange rate. Some providers encourage large transfers with low fees.
  • Transfer type. Does your recipient have an Indonesian bank account or is cash or cell phone top up the better option? Each transfer type will have different fees. For example, instant cash pickups tend to be more expensive than bank transfers.
  • Discounts. Some providers may offer you a free transfer simply for signing up while others may offer you a discount if you transfer more than a certain amount.

Frequently asked questions

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