Best companies for IDR/USD transfers
6 of 6 providers Last updated on 21 September 2026
Based on 4,200,000 IDR transfer Best companies for IDR/USD transfers Sort Cheapest
Promoted Wise Pay via Bank transfer	Fee Rp 60.517,00 1 IDR = 0.0001 USD -0.08% vs mid-market	Recipient gets $232,28 Within minutes
25 reviews Multi-currency cardReceive to bank accountDedicated support for large transfers
Ways to receive money in US with Wise when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositWithin minutesAvailable via:Bank Transfer Rp 60.517,001 IDR = 0.0001 USD $232,28You payRp 4.200.000,00
Promoted Instarem Pay via Bank transfer	Fee Rp 0,00 1 IDR = 0.0001 USD -56.30% vs mid-market	Recipient gets $415,80 Minutes - 24 hours
7 reviews Receive to bank account
Ways to receive money in US with Instarem when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositMinutes - 24 hours Free1 IDR = 0.0001 USD $415,80You payRp 4.200.000,00
Run a live search Showing top Indonesia to United States 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 USD rates.
Run a live search These companies offer multi-currency accounts for spending USD. We suggest doing a live search based on how much IDR you're planning to spend in United States.
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.
Instarem Pay via Bank transfer	Fee Rp 0,00 1 IDR = 0.0001 USD -56.30% vs mid-market	Recipient gets $415,80 Minutes - 24 hours
7 reviews Cheapest Receive to bank account
Ways to receive money in US with Instarem when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositMinutes - 24 hours Free1 IDR = 0.0001 USD $415,80You payRp 4.200.000,00
Wise Pay via Bank transfer	Fee Rp 60.517,00 1 IDR = 0.0001 USD -0.08% vs mid-market	Recipient gets $232,28 Within minutes
25 reviews Our top pick Multi-currency cardReceive to bank accountDedicated support for large transfers
Ways to receive money in US with Wise when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositWithin minutesAvailable via:Bank Transfer Rp 60.517,001 IDR = 0.0001 USD $232,28You payRp 4.200.000,00
Grey Pay via Bank transfer	Fee Rp 0,50 1 IDR = 0.0001 USD +8.00% vs mid-market	Recipient gets $216,64 Minutes
0 reviews Fastest
Ways to receive money in US with Grey when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositMinutes Rp 0,501 IDR = 0.0001 USD $216,64You payRp 4.200.000,00
Send Money Between PayPal Accounts PayPal App (P2P Transfer) Pay via Bank transfer	Fee Rp 168.000,00 1 IDR = 0.0001 USD +6.00% vs mid-market	Recipient gets $212,50 Minutes
0 reviews
Ways to receive money in US with PayPal App (P2P Transfer) when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositMinutes Rp 168.000,001 IDR = 0.0001 USD $212,50You payRp 4.200.000,00
Send cash via a MoneyGram agent MoneyGram Agent Pay via Bank transfer	Fee Rp 168.000,00 1 IDR = 0.0001 USD +6.00% vs mid-market	Recipient gets $212,50 Minutes - 3 days
0 reviews
Ways to receive money in US with MoneyGram Agent when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositMinutes - 3 days Rp 168.000,001 IDR = 0.0001 USD $212,50You 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 = 0.0001 USD +7.00% vs mid-market	Recipient gets $212,43 Minutes - 5 days
0 reviews
Ways to receive money in US with Western Union Agent when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositMinutes - 5 days Rp 126.000,001 IDR = 0.0001 USD $212,43You payRp 4.200.000,00
How Our Results Work Mid-market rate: 1 IDR = 0.0001 USD Updates every 60 minutes.

Why compare

IDR/USD exchange rate

Best ways to pay & receive

Transfer speed

How to send money from Indonesia to US

Pick a company

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

Instarem was the cheapest on 18 of the 18 days it quoted Rp4.200.000 transfers to the US.

On a 4.200.000 IDR transfer, Instarem delivers the most USD.

This will change depending on how much you actually send, so I suggest running a live search to get the best IDR/USD 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/USD Exchange Rate History

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

The cheapest way to send IDR to USD 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 Instarem), across 30 days of comparisons for 4.200.000 IDR transfers to the US.

USD 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 USD per IDR than the mid-market rate can offer.

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

In the past month, a money transfer company beat the mid-market rate on 18 of the last 30 days.

Right now, Instarem pays 415,80 USD on 4.200.000 IDR, which is 180,32 USD more than the mid-market amount, so it's a good deal (pretty much free money).

Today's payout is the highest in the past month.

If you need to send money now, it's a good time to send.

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 the US.

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

InstaremAppeared in 18 comparisons
Cheapest every time
WiseAppeared in 58 comparisons
Cheapest in 69% of them
GreyAppeared 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 Instarem is the cheapest, but it only quotes some of the amounts we track, so it isn't included in these figures.

Wise (today's second cheapest) was the cheapest in 69% of its comparisons, so if you send money to the US regularly, it's worth comparing it with Instarem before each transfer.

Ways to send money from Indonesia to US

6 companies send money from Indonesia to the United States, using online, app, global business account, multi-currency account, in person, and digital wallet and other options.

One-off and everyday transfers

Online transfers

Instarem charges 0 IDR to send Rp4.200.000 and your recipient gets 415,80 USD in minutes - 24 hours.

In our comparisons over the past month, it was the cheapest online service on 18 of the 18 days it quoted.

Most of Indonesia’s outbound transfer services are local and licensed by Bank Indonesia.

Avoid unregulated money transfer companies, even if the exchange rate looks better.

Make sure to check for the words “berizin dan diawasi Bank Indonesia” on the company's website or app before sending.

For cash pickup

In-person transfers

You have a few options to send cash to the United States, 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 USD in cash at the nearest branch.

Only use agents that hold a Bank Indonesia transfer licence.

Saving for future payments

Valas account

A valas account (a.k.a a multi-currency account) lets you convert IDR to USD and hold it before spending abroad, travelling, or paying other bills in the United States.

This works well if you need USD regularly, travel to the United States, or get paid in from there.

Paying suppliers

Global accounts

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

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 USD in US

With Instarem, paying by bank transfer and receiving through bank deposit is the cheapest combination. Sending Rp4.200.000 gives your recipient 415,80 USD.

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 the United States.

Your recipient can receive USD by bank deposit.

1

Bank transfer Bank deposit

You pay Rp4,200,000.00

$416

Cheapest

What to consider when sending IDR to US

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/USD options

For a Rp4.200.000 transfer to the United States, start with the final option that gets you the most USD.

Cheapest way to send money to the United States

The cheapest option is Instarem, funded by bank transfer with bank deposit for the payout. Your recipient gets 415,80 USD, which is 44,14% more than the next best option.

Fastest way to send money to the United States

Grey delivers 216,64 USD in minutes 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 USD to a person in the United States.

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 the United States.

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 6 of them on IDR to the United States, 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/USD 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 United States

Send money from United Kingdom to United States Send money from India to United States Send money from Mexico to United States Send money from Colombia to United States Send money from Nigeria to United States Send money from Philippines to United States Send money from Canada to United States Send money from Germany to United States

Thu, 27 Aug 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	0.0001	–	$236,43
Wise Cheapest	0.0001	Rp 60.517,00	$233,04	−$3,39
Grey	0.0001	Rp 0,50	$217,52	−$18,91
Instarem No quote collected this day	–	–	–	–

Sun, 30 Aug 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	–	–	–
Wise Cheapest	0.0001	Rp 60.517,00	$233,13	–
Instarem No quote collected this day	–	–	–	–
Grey No quote collected this day	–	–	–	–

Thu, 3 Sept 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	0.0001	–	$237,61
Wise Cheapest	0.0001	Rp 60.517,00	$234,00	−$3,61
Grey	0.0001	Rp 0,50	$218,60	−$19,01
Instarem No quote collected this day	–	–	–	–

Fri, 4 Sept 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	0.0001	–	$238,15
Wise Cheapest	0.0001	Rp 60.517,00	$234,66	−$3,49
Grey	0.0001	Rp 0,50	$219,10	−$19,05
Instarem No quote collected this day	–	–	–	–

Mon, 7 Sept 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	0.0001	–	$237,90
Wise Cheapest	0.0001	Rp 60.517,00	$234,47	−$3,43
Grey	0.0001	Rp 0,50	$218,87	−$19,03
Instarem No quote collected this day	–	–	–	–

Sun, 23 Aug 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	0.0001	–	$237,96
Instarem Cheapest	0.0001	Rp 0,00	$415,80	+$177,84
Wise	0.0001	Rp 60.517,00	$234,57	−$3,39
Grey	0.0001	Rp 0,50	$218,93	−$19,03

Mon, 24 Aug 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	0.0001	–	$237,27
Instarem Cheapest	0.0001	Rp 0,00	$415,80	+$178,53
Wise	0.0001	Rp 60.517,00	$233,82	−$3,45
Grey	0.0001	Rp 0,50	$218,29	−$18,98

Tue, 25 Aug 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	0.0001	–	$236,79
Instarem Cheapest	0.0001	Rp 0,00	$415,80	+$179,01
Wise	0.0001	Rp 60.517,00	$233,44	−$3,35
Grey	0.0001	Rp 0,50	$217,84	−$18,95

Wed, 26 Aug 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	0.0001	–	$237,12
Instarem Cheapest	0.0001	Rp 0,00	$415,80	+$178,68
Wise	0.0001	Rp 60.517,00	$233,55	−$3,57
Grey	0.0001	Rp 0,50	$218,15	−$18,97

Fri, 28 Aug 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	0.0001	–	$237,17
Instarem Cheapest	0.0001	Rp 0,00	$415,80	+$178,63
Wise	0.0001	Rp 60.517,00	$233,78	−$3,39
Grey	0.0001	Rp 0,50	$218,20	−$18,97

Sat, 29 Aug 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	0.0001	–	$236,52
Instarem Cheapest	0.0001	Rp 0,00	$415,80	+$179,28
Wise	0.0001	Rp 60.517,00	$233,13	−$3,39
Grey	0.0001	Rp 0,50	$217,60	−$18,92

Mon, 31 Aug 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	0.0001	–	$236,67
Instarem Cheapest	0.0001	Rp 0,00	$415,80	+$179,13
Wise	0.0001	Rp 60.517,00	$233,26	−$3,41
Grey	0.0001	Rp 0,50	$217,74	−$18,93

Tue, 1 Sept 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	0.0001	–	$236,74
Instarem Cheapest	0.0001	Rp 0,00	$415,80	+$179,06
Wise	0.0001	Rp 60.517,00	$233,54	−$3,20
Grey	0.0001	Rp 0,50	$217,80	−$18,94

Wed, 2 Sept 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	0.0001	–	$236,53
Instarem Cheapest	0.0001	Rp 0,00	$415,80	+$179,27
Wise	0.0001	Rp 60.517,00	$233,01	−$3,52
Grey	0.0001	Rp 0,50	$217,60	−$18,93

Sat, 5 Sept 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	0.0001	–	$238,22
Instarem Cheapest	0.0001	Rp 0,00	$415,80	+$177,58
Wise	0.0001	Rp 60.517,00	$234,78	−$3,44
Grey	0.0001	Rp 0,50	$219,16	−$19,06

Tue, 8 Sept 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	0.0001	–	$238,38
Instarem Cheapest	0.0001	Rp 0,00	$415,80	+$177,42
Wise	0.0001	Rp 60.517,00	$234,98	−$3,40
Grey	0.0001	Rp 0,50	$219,31	−$19,07

Wed, 9 Sept 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	0.0001	–	$239,37
Instarem Cheapest	0.0001	Rp 0,00	$415,80	+$176,43
Wise	0.0001	Rp 60.517,00	$235,87	−$3,50
Grey	0.0001	Rp 0,50	$220,22	−$19,15

Thu, 10 Sept 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	0.0001	–	$239,62
Instarem Cheapest	0.0001	Rp 0,00	$415,80	+$176,18
Wise	0.0001	Rp 60.517,00	$236,14	−$3,48
Grey	0.0001	Rp 0,50	$220,45	−$19,17

Fri, 11 Sept 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	0.0001	–	$238,45
Instarem Cheapest	0.0001	Rp 0,00	$415,80	+$177,35
Wise	0.0001	Rp 60.517,00	$235,00	−$3,45
Grey	0.0001	Rp 0,50	$219,37	−$19,08

Sat, 12 Sept 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	0.0001	–	$238,54
Wise Cheapest	0.0001	Rp 60.517,00	$235,10	−$3,44
Grey	0.0001	Rp 0,50	$219,46	−$19,08
Instarem No quote collected this day	–	–	–	–

Mon, 14 Sept 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	0.0001	–	$238,00
Wise Cheapest	0.0001	Rp 60.517,00	$234,62	−$3,38
Grey	0.0001	Rp 0,50	$218,96	−$19,04
Instarem No quote collected this day	–	–	–	–

Tue, 15 Sept 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	0.0001	–	$237,44
Instarem Cheapest	0.0001	Rp 0,00	$415,80	+$178,36
Wise	0.0001	Rp 60.517,00	$234,01	−$3,43
Grey	0.0001	Rp 0,50	$218,44	−$19,00

Wed, 16 Sept 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	0.0001	–	$237,36
Wise Cheapest	0.0001	Rp 60.517,00	$233,76	−$3,60
Grey	0.0001	Rp 0,50	$218,37	−$18,99
Instarem No quote collected this day	–	–	–	–

Thu, 17 Sept 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	0.0001	–	$236,61
Wise Cheapest	0.0001	Rp 60.517,00	$233,21	−$3,40
Grey	0.0001	Rp 0,50	$217,68	−$18,93
Instarem No quote collected this day	–	–	–	–

Fri, 18 Sept 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	0.0001	–	$236,58
Wise Cheapest	0.0001	Rp 60.517,00	$233,29	−$3,29
Grey	0.0001	Rp 0,50	$217,65	−$18,93
Instarem No quote collected this day	–	–	–	–

How to send money to the US from Indonesia with the best IDR-USD rate

Best companies for IDR/USD transfers