Send money to Indonesia

Shop around for the best money transfer service for sending money to Indonesia.

Updated

Fact checked

Whether you’re helping out family in Bandung or opening an office in Jakarta, you don’t want to deal with a stressful and costly process. Compare the transfer fees and exchange rates of the options available to you to get the most Indonesian rupiahs for your pound.

To make a money transfer, all you need to do is follow these simple steps:

  1. Find the money transfer that best suits your needs in the table below.
  2. Sign up for an account and verify your identity with government-issued ID, like a driver’s licence or passport.
  3. Set up your transfer with how much you want to send and your recipient’s details.
  4. Confirm the exchange rate and fees and pay.

Transfer money with WorldFirst

  • FX rates up to 85% cheaper than the banks
  • FCA authorised, fast, secure transfers
  • Manage international payments online or by phone
Promoted

Compare services that send money to Indonesia from the UK

Table: sorted by a combination of service offering and the amount your recipient will receive
Use the table below to check out which money transfer company could be best for you. Enter how much you want to send in the calculator and you’ll be able to compare the fees, exchange rates and features of each company.

Min. Transfer Amount Transfer Speed Online Transfer Fee Rate Amount Received Description CTA Details
GBP 1 1 - 2 days GBP 0.00 17840.125 IDR
17,840,125
Whatever amount you transfer, XE will not charge you a fee for using their service. Go to site Show details
GBP 1 1 - 2 days GBP 1.99 17701.134 IDR
17,665,909
Special offers like free transfers and better exchange rates available for new customers.
Quick, affordable transfers around the world with both express and economy options.
Go to site Show details
GBP 1 2 days GBP 6.00 17934.262 IDR
17,826,656
Transfer money at the mid-market rate with no nasty surprises and excellent customer support. Show details
GBP 50 Same day GBP 2.99 17754.937 IDR
17,701,849
Use promo code 3FREE to send your first 3 transfers with no fee. Conditions apply.
An online money transfer service with cash pick-up, bank account to bank account and airtime transfers available.
Go to site Show details
GBP 10 Within an hour GBP 2.00 17839.228 IDR
17,803,549
First two transfers free for new customers.
Instant or 1 hour transfers to over 50 countries, send money directly to bank accounts or over 280,000 cash pickup points.
Go to site Show details
GBP 1,000 1 - 2 days GBP 0.00 17754.937 IDR
17,754,937
Better exchange rates for Finder customers.
Send 60+ currencies at competitive rates and no fees. If you find a better eligible quote, WorldFirst will beat it.
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.

What to look at when comparing how to send money to Indonesia

  • Exchange rates. Almost all companies will add a margin onto the exchange rate, so be wary of this. Your source of truth will be the exchange rate you can see on Google or Reuters, otherwise known as the mid-market rate. Compare this against what you’re being quoted to make sure you’re getting the best deal possible.
  • Transfer fees. Find out if the fee is charged as a percentage, flat fee or a combination of both. Keep in mind that companies that offer “fee-free transfers” often add a larger margin to the exchange rate to cover their fees, so they’re not really “fee-free”. Generally, paying by credit or debit card will add more fees.
  • Bank partners. Many transfer companies will list their Indonesian bank partners online. See if your recipient’s bank is on this list before starting your transfer.
  • Speed. Generally, the fastest option is going to be the most expensive one, but you’ll be able to send money instantly.
  • Transfer limits. Some companies don’t allow smaller transfers, while others cap their maximum transfer amount. Check with the transfer company to make sure its transfer limits suit your needs.
  • Receiving method. Sending to a bank account is easy enough, but there are a few companies that send to other options, like a cash pick-up location or mobile wallet. If your recipient doesn’t have a bank account, you’ll want to check this out.

Exchange rates explained

An exchange rate determines how much one country’s currency is worth in another currency. When a currency is strong, it yields more money when exchanging it for a weaker currency. Indonesia’s exchange rate is flexible, which means it can change from moment to moment due to factors such as interest rates, economic stability and inflation.

Below, you can see a real-time update of what the mid-market rate is for GBP/IDR, as well as what it has been historically.

Today’s exchange rate GBP to IDR

GBP to IDR: Historical rate chart

1
0
Updated: 01 Jun 2020 06:11:40 UTC

What are all the ways I can send money to Indonesia?

You have a variety of choices when looking to send money from the UK to Indonesia. Some of the more common transfer methods include:

  • Local bank. Most major UK banks can help you send money to Indonesia. However, the fees and margin added to the exchange rate tend to be the highest when compared to the other options.
  • Online money transfer company. These providers often have competitive exchange rates and lower fees, plus more delivery options. Keep an eye out for sign-up deals where your first transfer is free.
  • Providers with cash pick-up. Often the fastest method of transferring money, but one of the more expensive.
  • PayPal. PayPal is one of the most well-known methods of transferring money, but the fees can be costly.
  • International cheque. You can buy one of these from your local post office or bank and send it by mail. It’s one of the slowest methods of transferring money.

Emergency cash transfers in Indonesia

Sending money to a cash pick-up location is often instant and can be helpful in the case of an emergency or if your recipient doesn’t have a bank account. This tends to be one of the more expensive options, so be sure to look carefully at the exchange rate and fees to understand exactly how much it will cost you.

Some options for sending a cash transfer between the UK and Indonesia include:

  • Cash transfer companies. MoneyGram, Western Union and WorldRemit all have the option to send cash to a location for your recipient to pick up. All they’ll need is a photo ID and a transaction reference number.
  • Travel insurance. If your trip is covered by travel insurance, many comprehensive policies let you have an emergency cash allowance if you lose your wallet or it’s stolen. You’ll need to check the fine print of your travel insurance to make sure.
  • Credit card provider. If your credit card is lost or stolen, your provider may be able to send you a replacement or give you access to emergency cash.

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.

Cash pick-up locations in Indonesia

Frequently asked questions

Ask an Expert

You are about to post a question on finder.com:

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • finder.com is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked

Finder.com provides guides and information on a range of products and services. Because our content is not financial advice, we suggest talking with a professional before you make any decision.

By submitting your comment or question, you agree to our Privacy and Cookies Policy and Terms of Use.

Questions and responses on finder.com are not provided, paid for or otherwise endorsed by any bank or brand. These banks and brands are not responsible for ensuring that comments are answered or accurate.
Go to site