Best companies for IDR/MMK transfers
2 of 2 providers Last updated on 21 September 2026
Based on 4,200,000 IDR transfer Best companies for IDR/MMK transfers Sort Cheapest
Run a live search Showing top Indonesia to Myanmar [Burma] deals for 4,200,000 IDR. Do a live search with your exact amount for today's best rates.
Run a live search Showing companies that send from a business account. Run a business search to get live IDR to MMK rates.
Run a live search These companies offer multi-currency accounts for spending MMK. We suggest doing a live search based on how much IDR you're planning to spend in Myanmar [Burma].
Run a live search These are managed services with real human support for large IDR transfers. Click the link and update the transfer amount to get the best deal.
Send cash via a MoneyGram agent MoneyGram Agent Pay via Bank transfer	Fee Rp 168.000,00 1 IDR = 0.1107 MMK +6.00% vs mid-market	Recipient gets K 446.209,91 Minutes - 3 days
0 reviews CheapestFastest
Ways to receive money in Myanmar with MoneyGram Agent when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositMinutes - 3 days Rp 168.000,001 IDR = 0.1107 MMK K 446.209,91You payRp 4.200.000,00
Send cash via a Western Union agent Western Union Agent Pay via Bank transfer	Fee Rp 126.000,00 1 IDR = 0.1095 MMK +7.00% vs mid-market	Recipient gets K 446.061,57 Minutes - 5 days
0 reviews Our top pick
Ways to receive money in Myanmar with Western Union Agent when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositMinutes - 5 days Rp 126.000,001 IDR = 0.1095 MMK K 446.061,57You payRp 4.200.000,00
How Our Results Work Mid-market rate: 1 IDR = 0.1177 MMK Updates every 60 minutes.

Why compare

IDR/MMK exchange rate

Best ways to pay & receive

Transfer speed

How to send money from Indonesia to Myanmar

Pick a company

For a one-off transfer from Indonesia, I suggest picking the cheapest option which is MoneyGram Agent.

MoneyGram Agent was the cheapest on 29 of the 29 days it quoted Rp4.200.000 transfers to Myanmar.

On a 4.200.000 IDR transfer, MoneyGram Agent delivers the most MMK.

This will change depending on how much you actually send, so I suggest running a live search to get the best IDR/MMK rate.

Fund your transfer

You can fund the transfer using bank transfer.

With money transfer companies, you're given a virtual account number to pay into, and in many cases (depending on the company) you can use BI-FAST to fund it.

It costs about Rp2,500 and caps at Rp250 million.

Verify and send

First time round you'll likely need your KTP and a selfie with it to verify your account.

Larger transfers need documents showing what the money is for (such as tuition letter or similar).

IDR/MMK Exchange Rate History

Is today a good time to send money from Indonesia to Myanmar?

The cheapest way to send IDR to MMK can change every day, or stay with the same company all month.

We've compared the mid-market rate with the cheapest option each day (today it's MoneyGram Agent), across 30 days of comparisons for 4.200.000 IDR transfers to Myanmar.

MMK received for Rp 4.200.000, after fees

Each line shows what the recipient gets when you send Rp 4.200.000, after fees, as quoted by each company. The mid-market line shows what Rp 4.200.000 converts to at the real exchange rate, with no fees or markup. Rates are checked once a day. Sponsored placements never affect this data. There are no bank quotes for this period.

The dashed line is what you'd get at the mid-market rate with no fees, and the blue line is the cheapest option that day.

When the blue line goes above the dashed one, you're getting more MMK per IDR than the mid-market rate can offer.

This could be due to money transfer offers, FX rate adjustments, or market competitiveness.

No company, app or bank beat the mid-market rate over the past month, meaning you lose a bit of MMK on every transfer from Indonesia.

Right now, MoneyGram Agent pays 446.209,91 MMK on 4.200.000 IDR, which is 48.260,29 MMK less than the mid-market amount.

Today's payout isn't the best this month though, since the highest receive amount was 453.805,23 MMK.

If you can wait and want to get the most out of your transfer, create a rate alert and we'll let you know when the rate improves.

Cheapest over time

Picking the cheapest money transfer company

Just because a company is the cheapest today doesn't mean it's always the best option for sending money to Myanmar.

We've tracked 59 comparisons to check how often today's top companies were the cheapest across 2 amounts over the past month.

MoneyGram AgentAppeared in 29 comparisons
Cheapest every time
Western Union AgentAppeared in 29 comparisons
Never the cheapest

Based on 59 comparisons across 2 amounts over the last 30 days.

Different companies can come out cheapest depending on the day and the amount you send.

To keep things fair, we only count the comparisons each company appeared in, and only analyse companies that appeared in at least 50% of all comparisons (so occasional cheapest options don't skew it).

Today MoneyGram Agent is the cheapest, but it only quotes some of the amounts we track, so it isn't included in these figures.

Ways to send money from Indonesia to Myanmar

2 companies send money from Indonesia to Myanmar, using in person and other options.

For cash pickup

In-person transfers

You have a few options to send cash to Myanmar, and the cheapest is MoneyGram Agent.

Our data shows MoneyGram Agent came out cheapest among in-person options on 100% of days in the past month.

You will need to pay MoneyGram Agent online by bank transfer, and your recipient collects MMK in cash at the nearest branch.

Only use agents that hold a Bank Indonesia transfer licence.

Paying suppliers

Global accounts

Global accounts help Indonesian businesses hold foreign currency and make regular payments to suppliers in Myanmar.

Wise Business and Payoneer handle recurring business transfers, but a bank’s solusi valas desk may be more useful when the payment needs invoices or other supporting documents.

Ways to fund IDR and receive MMK in Myanmar

With MoneyGram Agent, paying by bank transfer and receiving through bank deposit is the cheapest combination. Sending Rp4.200.000 gives your recipient 446.209,91 MMK.

You can fund the IDR side through bank transfer.

Pay from Indonesian bank account

A money transfer company will give you bank details for top-up, send money to it from your Indonesian bank.

BI-FAST can be used to fund the transfer inside Indonesia (some companies support it), but the company will then use an internal network to send it to Myanmar.

Your recipient can receive MMK by bank deposit.

1

Bank transfer Bank deposit

You pay Rp4,200,000.00

Ks446,210

Cheapest

What to consider when sending IDR to Myanmar

The main check in Indonesia is whether the service is licensed to send money out. Many international brands only support transfers coming into the country.

Compare the IDR/MMK options

For a Rp4.200.000 transfer to Myanmar, start with the final option that gets you the most MMK.

Cheapest way to send money to Myanmar

The cheapest option is MoneyGram Agent, funded by bank transfer with bank deposit for the payout. Your recipient gets 446.209,91 MMK, which is 0,03% more than the next best option.

Fastest way to send money to Myanmar

MoneyGram Agent delivers 446.209,91 MMK in minutes - 3 days when you pay by bank transfer and choose bank deposit.

BI-FAST and QRIS are domestic only

BI-FAST can be used to deposit IDR to the transfer company's local account, but it does not send MMK to a person in Myanmar.

QRIS is also a payment system rather than an international person-to-person transfer.

The purpose matters on larger payments

Banks must record the purpose of an outgoing foreign-currency transfer and can ask for supporting documents such as invoices, agreements, etc.

Bank Indonesia's current foreign-exchange rules include documentation requirements once relevant thresholds are crossed.

Those thresholds and exemptions can change, so ask the bank what it needs before making a large transfer to Myanmar.

How we analyse the market

Every company here holds a Bank Indonesia transfer licence, the thing worth checking before you trust anyone with your money.

We track 2 of them on IDR to Myanmar, comparing rates, fees and the pay-in and payout options, refreshed in real time on live searches.

In the past 30 days alone, we analysed 59 comparisons across 2 amounts.

This page covers the cheapest and fastest options for IDR/MMK transfers. This is how we pick them:

Cheapest: the company that gets your recipient the most, after fees and the exchange rate. On a tie, live pricing from the company takes priority over the rates we collect by hand.
Fastest: the company with the shortest estimated delivery time once you’ve paid. On a tie, the one that pays out more takes priority.

Each also goes through our review.

Any tax information is for general guidance only and does not constitute tax advice. Speak to a qualified tax adviser about your circumstances.

Send money from Indonesia

Send money to Myanmar [Burma]

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Sun, 23 Aug 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	0.1189	–	K 499.581,60
MoneyGram Agent Cheapest	0.1118	Rp 168.000,00	K 450.822,44	−K 48.759,16
Western Union Agent	0.1106	Rp 126.000,00	K 450.672,56	−K 48.909,04

Mon, 24 Aug 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	0.1186	–	K 498.283,80
MoneyGram Agent Cheapest	0.1115	Rp 168.000,00	K 449.651,30	−K 48.632,50
Western Union Agent	0.1103	Rp 126.000,00	K 449.501,82	−K 48.781,98

Tue, 25 Aug 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	0.1184	–	K 497.229,60
MoneyGram Agent Cheapest	0.1113	Rp 168.000,00	K 448.699,99	−K 48.529,61
Western Union Agent	0.1101	Rp 126.000,00	K 448.550,82	−K 48.678,78

Wed, 26 Aug 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	0.1185	–	K 497.805,00
MoneyGram Agent Cheapest	0.1114	Rp 168.000,00	K 449.219,23	−K 48.585,77
Western Union Agent	0.1102	Rp 126.000,00	K 449.069,89	−K 48.735,11

Thu, 27 Aug 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	0.1183	–	K 496.717,20
MoneyGram Agent Cheapest	0.1112	Rp 168.000,00	K 448.237,60	−K 48.479,60
Western Union Agent	0.1100	Rp 126.000,00	K 448.088,59	−K 48.628,61

Fri, 28 Aug 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	0.1186	–	K 498.136,80
MoneyGram Agent Cheapest	0.1115	Rp 168.000,00	K 449.518,65	−K 48.618,15
Western Union Agent	0.1103	Rp 126.000,00	K 449.369,21	−K 48.767,59

Sat, 29 Aug 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	0.1182	–	K 496.641,60
MoneyGram Agent Cheapest	0.1112	Rp 168.000,00	K 448.169,38	−K 48.472,22
Western Union Agent	0.1100	Rp 126.000,00	K 448.020,39	−K 48.621,21

Mon, 31 Aug 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	0.1183	–	K 496.969,20
MoneyGram Agent Cheapest	0.1112	Rp 168.000,00	K 448.465,01	−K 48.504,19
Western Union Agent	0.1100	Rp 126.000,00	K 448.315,92	−K 48.653,28

Tue, 1 Sept 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	0.1184	–	K 497.305,20
MoneyGram Agent Cheapest	0.1113	Rp 168.000,00	K 448.768,21	−K 48.536,99
Western Union Agent	0.1101	Rp 126.000,00	K 448.619,02	−K 48.686,18

Wed, 2 Sept 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	0.1183	–	K 496.662,60
MoneyGram Agent Cheapest	0.1112	Rp 168.000,00	K 448.188,33	−K 48.474,27
Western Union Agent	0.1100	Rp 126.000,00	K 448.039,33	−K 48.623,27

Thu, 3 Sept 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	0.1188	–	K 498.775,20
MoneyGram Agent Cheapest	0.1116	Rp 168.000,00	K 450.094,74	−K 48.680,46
Western Union Agent	0.1104	Rp 126.000,00	K 449.945,11	−K 48.830,09

Fri, 4 Sept 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	0.1191	–	K 500.325,00
MoneyGram Agent Cheapest	0.1120	Rp 168.000,00	K 451.493,28	−K 48.831,72
Western Union Agent	0.1108	Rp 126.000,00	K 451.343,18	−K 48.981,82

Sat, 5 Sept 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	0.1191	–	K 500.157,00
MoneyGram Agent Cheapest	0.1119	Rp 168.000,00	K 451.341,68	−K 48.815,32
Western Union Agent	0.1107	Rp 126.000,00	K 451.191,63	−K 48.965,37

Sun, 6 Sept 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	0.1191	–	K 500.173,80
MoneyGram Agent Cheapest	0.1119	Rp 168.000,00	K 451.356,84	−K 48.816,96
Western Union Agent	0.1108	Rp 126.000,00	K 451.206,78	−K 48.967,02

Mon, 7 Sept 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	0.1190	–	K 499.703,40
MoneyGram Agent Cheapest	0.1118	Rp 168.000,00	K 450.932,35	−K 48.771,05
Western Union Agent	0.1106	Rp 126.000,00	K 450.782,44	−K 48.920,96

Tue, 8 Sept 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	0.1191	–	K 500.421,60
MoneyGram Agent Cheapest	0.1120	Rp 168.000,00	K 451.580,45	−K 48.841,15
Western Union Agent	0.1108	Rp 126.000,00	K 451.430,33	−K 48.991,27

Wed, 9 Sept 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	0.1197	–	K 502.555,20
MoneyGram Agent Cheapest	0.1125	Rp 168.000,00	K 453.505,81	−K 49.049,39
Western Union Agent	0.1113	Rp 126.000,00	K 453.355,05	−K 49.200,15

Thu, 10 Sept 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	0.1197	–	K 502.887,00
MoneyGram Agent Cheapest	0.1126	Rp 168.000,00	K 453.805,23	−K 49.081,77
Western Union Agent	0.1114	Rp 126.000,00	K 453.654,36	−K 49.232,64

Fri, 11 Sept 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	0.1192	–	K 500.770,20
MoneyGram Agent Cheapest	0.1121	Rp 168.000,00	K 451.895,03	−K 48.875,17
Western Union Agent	0.1109	Rp 126.000,00	K 451.744,80	−K 49.025,40

Sat, 12 Sept 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	0.1193	–	K 500.904,60
MoneyGram Agent Cheapest	0.1121	Rp 168.000,00	K 452.016,31	−K 48.888,29
Western Union Agent	0.1109	Rp 126.000,00	K 451.866,04	−K 49.038,56

Sun, 13 Sept 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	0.1193	–	K 500.925,60
MoneyGram Agent Cheapest	0.1121	Rp 168.000,00	K 452.035,26	−K 48.890,34
Western Union Agent	0.1109	Rp 126.000,00	K 451.884,98	−K 49.040,62

Mon, 14 Sept 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	0.1190	–	K 499.627,80
MoneyGram Agent Cheapest	0.1118	Rp 168.000,00	K 450.864,13	−K 48.763,67
Western Union Agent	0.1106	Rp 126.000,00	K 450.714,24	−K 48.913,56

Tue, 15 Sept 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	0.1187	–	K 498.456,00
MoneyGram Agent Cheapest	0.1116	Rp 168.000,00	K 449.806,69	−K 48.649,31
Western Union Agent	0.1104	Rp 126.000,00	K 449.657,16	−K 48.798,84

Wed, 16 Sept 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	0.1187	–	K 498.414,00
MoneyGram Agent Cheapest	0.1115	Rp 168.000,00	K 449.768,79	−K 48.645,21
Western Union Agent	0.1104	Rp 126.000,00	K 449.619,27	−K 48.794,73

Thu, 17 Sept 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	0.1183	–	K 496.822,20
MoneyGram Agent Cheapest	0.1112	Rp 168.000,00	K 448.332,35	−K 48.489,85
Western Union Agent	0.1100	Rp 126.000,00	K 448.183,31	−K 48.638,89

How to send money to Myanmar from Indonesia with the best IDR-MMK rate

Best companies for IDR/MMK transfers