How to send money to Indonesia from Israel with the best ILS-IDR rate

The exchange rate determines the price you will pay when buying Rupiah.

A better exchange rate means more money being sent to Indonesia.

If you are paying for services in Rupiah from Israel, this can make a huge difference.

The current rate between the New Israeli Sheqel and Rupiah is 5,989.6812, and it fluctuates all the time.

The cost of sending money from Indonesia to Indonesia, is made-up of a combination of fees and exchange rates:

• The Mid-Market and Exchange Rates: The mid-market rate determines a mid-price for buying currency. The current mid-market rate from ILS-IDR is 5,989.6812 IDR per New Israeli Sheqel.

• Fees: Outside of exchange rates, you may need to pay a fee to send. Wise currently offers the lowest fees on transfers to Indonesia from Israel. They charge 189 ILS per transfer. Although this does include large transfers as well, we recommend searching for your exact send amount for an exact fee.

• Amount Received: The amount received in Rupiah is the amount you started with, minus the amount you paid in the exchange and fees.

Here's a tip, if you're making a large transfer, you can also use a forward contract to lock in an agreed exchange rate between Israel and Indonesia.

Using a bank transfer to send via money transfer company is the payment method that will get you the best price when sending from Israel to Indonesia.

Here are all the ways to send money from Israel to Indonesia:

Bank transfers

Bank transfers are often the fastest and cheapest way to send money from Israel to Indonesia.

Using a money transfer company such as Wise for payments from Israel to Indonesia, means you can send via a bank transfer and benefit from lower fees and more favorable exchange rates than you would get with a traditional bank. 


Debit and prepaid cards

Sending money with a debit card from Israel to Indonesia is easy with Paysend.


Paysend is a leader in debit card money transfers from Israel to Indonesia. They are the best option of the 3 transfer companies compared.

Credit cards

When it comes to credit card transfers from Israel to Indonesia, we recommend comparing your options to get the best deal.

Ensuring you fully understand regulations in Israel and Indonesia will aid in keeping your money safe.

Our directory of worldwide financial regulators contains details on regulation for sending money between Israel and Indonesia.

Some companies offering money transfers between Israel and Indonesia have minimum or maximum thresholds on how much you can send or receive.

Rates and fees for different transfer amounts could change - that’s why it’s best to compare ILS-IDR rates for your specific transfer amount.

For regular transfers to Indonesia, shopping around each time can make a huge difference.

For sending large amounts of ILS to Indonesia we'd recommend using Wise. They offer a combination of rates and fees when sending from Israel to Indonesia that is the most competitive, even at larger amounts.

There are different options for receiving Rupiah in Indonesia.

The most popular are direct bank deposit, cash pickup, a mobile wallet or receiving money into a multi-currency account.

Not all companies offering transfers from Israel to Indonesia will offer every method for incoming Rupiah, so it’s best to check ahead of time.

Again, a comparison of ILS to IDR providers will tell you if the method for receiving is supported.

One of the most common ways to transfer money from Israel into Indonesia is by sending directly to a bank account. Wise is the best company for bank transfers between Israel and Indonesia.

And if you need cash right away, check if cash pickup is an option for transfers between Israel and Indonesia.

P2P services and payment apps like PayPal, Xoom, and CashApp are popular because of convenience but are better for domestic transfers. For receiving international payments they come with more limitations and higher costs compared to money transfer options like multi-currency accounts.

If using a money transfer company to send Rupiahs to Indonesia, you will need to verify your ID at the sign up stage.

The documents you need will vary and in some cases you might need more than one.

ID can be verified in Israel through a government issued ID such as a passport or driver's license.

If the recipient needs an ID to collect money in Indonesia, it will be similar.

Large transactions between Israel and Indonesia, can be subject to additional checks. This includes proof of funds for anti-money laundering purposes.

One of the reasons Wise has scored so highly for transfers to Indonesia is their easy sign up process in Israel.

Sending regular, or larger amounts of money between Israel and Indonesia could mean there are tax declarations to consider.

Some transfers into Rupiah may need to be reported to tax authorities in Indonesia, particularly where inheritance or property purchases are involved.

Indonesia has many different tax obligations for residents and non-residents.

When in doubt, please contact a tax professional in Israel or Indonesia to discuss your personal circumstances. This ensures you are not missing any specific tax needs associated with your transfer.