We’ve analysed and compared 4 ways to send money from India to Indonesia.
Wise with bank transfer deposit and bank deposit payout is the cheapest way to send money from India to Indonesia. Sending 22,100 INR will get you 41,39,537 IDR in Indonesia.
| 4 of 4 providers Last updated on 10 November 2026 | |||
| Based on 22,100 INR transfer Best companies for INR/IDR transfers | |||
| Promoted  Wise Pay via Bank transfer | Fee ₹647.62 1 INR = 192.9640 IDR +0.15% vs mid-market | Recipient gets Rp 41,39,537.00 Same day | |
Ways to receive money in Indonesia with Wise when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositSame dayAvailable via:Bank Transfer ₹647.621 INR = 192.9640 IDR Rp 41,39,537.00You pay₹22,100.00 | |||
Run a live search Showing top India to Indonesia deals for 22,100 INR. 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 INR to IDR rates. | |||
Run a live search These companies offer multi-currency accounts for spending IDR. We suggest doing a live search based on how much INR you're planning to spend in Indonesia. | |||
Run a live search These are managed services with real human support for large INR transfers. Click the link and update the transfer amount to get the best deal. | |||
| Wise Pay via Bank transfer | Fee ₹647.62 1 INR = 192.9640 IDR +0.15% vs mid-market | Recipient gets Rp 41,39,537.00 Same day | |
Ways to receive money in Indonesia with Wise when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositSame dayAvailable via:Bank Transfer ₹647.621 INR = 192.9640 IDR Rp 41,39,537.00You pay₹22,100.00 | |||
| Send Money Between PayPal Accounts  PayPal App (P2P Transfer) Pay via Bank transfer | Fee ₹884.00 1 INR = 181.6577 IDR +6.00% vs mid-market | Recipient gets Rp 38,54,050.27 Minutes | |
Ways to receive money in Indonesia with PayPal App (P2P Transfer) when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositMinutes ₹884.001 INR = 181.6577 IDR Rp 38,54,050.27You pay₹22,100.00 | |||
| Send cash via a MoneyGram agent  MoneyGram Agent Pay via Bank transfer | Fee ₹884.00 1 INR = 181.6577 IDR +6.00% vs mid-market | Recipient gets Rp 38,54,050.27 Minutes - 3 days | |
Ways to receive money in Indonesia with MoneyGram Agent when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositMinutes - 3 days ₹884.001 INR = 181.6577 IDR Rp 38,54,050.27You pay₹22,100.00 | |||
| Send cash via a Western Union agent  Western Union Agent Pay via Bank transfer | Fee ₹663.00 1 INR = 179.7252 IDR +7.00% vs mid-market | Recipient gets Rp 38,52,769.01 Minutes - 5 days | |
Ways to receive money in Indonesia with Western Union Agent when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositMinutes - 5 days ₹663.001 INR = 179.7252 IDR Rp 38,52,769.01You pay₹22,100.00 | |||
| How Our Results Work Mid-market rate: 1 INR = 193.2529 IDR Updates every 60 minutes. | |||
Transfer details
For a one-off INR transfer to Indonesia, I suggest picking the cheapest option which is Wise.
Wise was the cheapest on 30 of the 30 days it quoted ₹22,100 transfers to Indonesia.
On a 22,100 INR transfer, Wise delivers the most IDR.
The best option will change depending on how much you actually send, so I suggest to get the best INR/IDR rate.
You can fund your transfer via bank transfer.
Most people pay with UPI straight from their banking app, and it reaches the money transfer company account in seconds.
For a large amount (10+ lakhs), ask for RTGS instead, it clears quicker than the everyday rails.
You'll need your PAN and a signed Form A2 before the money can leave the country.
Start a first transfer a few days early.
How much INR you send to Indonesia heavily affects the best ways and the cheapest options. Use the table below to check how the cheapest options change and how much more you'd get by comparing.
Our analysis shows Wise was the cheapest in 72% of all the transfers it quoted over the past month.
| Cheapest service | |||||
|---|---|---|---|---|---|
| ₹22,100This page | 0.15% | ₹647.62 | Rp 41,39,537.00with bank transfer to bank deposit | +Rp 2,14,435.36 | |
| ₹50,000 | 0.12% | ₹978.46 | Rp 94,56,255.00with bank transfer to bank deposit | Rp 0.00 | |
| ₹1,00,000 | 0.04% | ₹1,571.34 | Rp 1,89,86,298.00with bank transfer to bank deposit | Rp 0.00 | |
| ₹2,00,000 | 0.11% | ₹2,757.08 | Rp 3,80,63,939.00with bank transfer to bank deposit | Rp 0.00 | |
| ₹5,00,000 | -0.01% | ₹6,314.39 | Rp 9,53,61,793.00with bank transfer to bank deposit | Rp 0.00 | |
| ₹6,00,000 | 0.27% | ₹0.00 | Rp 11,55,56,796.96with bank transfer to bank deposit | +Rp 5,81,427.48 | |
| ₹10,00,000 | 0.27% | ₹0.00 | Rp 19,26,19,520.30with bank transfer to bank deposit | +Rp 10,24,325.65 |
Mid-market rate: 1 INR = 193.2529 IDR
The cheapest way to send INR to IDR 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 Wise), across 30 days of comparisons for 22,100 INR transfers to Indonesia.
Tue, 10 Nov, 2026Mid-market rateRp 42,70,889.05 Wise Rp 41,39,537.00WiseRp 41,39,537.00PayPal App (P2P Transfer)Rp 38,54,050.27MoneyGram AgentRp 38,54,050.27
| Exchange rate | Fee | Recipient gets | Difference | |
|---|---|---|---|---|
| Mid-market rate | 186.9707 | – | Rp 41,32,053.07 | |
| | 186.8390 | ₹648.71 | Rp 40,07,938.00 | −Rp 1,24,115.07 |
| PayPal App (P2P Transfer) | 175.7525 | ₹884.00 | Rp 37,28,764.69 | −Rp 4,03,288.38 |
| MoneyGram Agent | 175.7525 | ₹884.00 | Rp 37,28,764.69 | −Rp 4,03,288.38 |
| Exchange rate | Fee | Recipient gets | Difference | |
|---|---|---|---|---|
| Mid-market rate | 188.4166 | – | Rp 41,64,007.28 | |
| | 188.0710 | ₹648.49 | Rp 40,34,407.00 | −Rp 1,29,600.28 |
| PayPal App (P2P Transfer) | 177.1116 | ₹884.00 | Rp 37,57,600.17 | −Rp 4,06,407.11 |
| MoneyGram Agent | 177.1116 | ₹884.00 | Rp 37,57,600.17 | −Rp 4,06,407.11 |
| Exchange rate | Fee | Recipient gets | Difference | |
|---|---|---|---|---|
| Mid-market rate | 188.6174 | – | Rp 41,68,445.16 | |
| | 188.4210 | ₹648.42 | Rp 40,41,928.00 | −Rp 1,26,517.16 |
| PayPal App (P2P Transfer) | 177.3004 | ₹884.00 | Rp 37,61,604.91 | −Rp 4,06,840.25 |
| MoneyGram Agent | 177.3004 | ₹884.00 | Rp 37,61,604.91 | −Rp 4,06,840.25 |
| Exchange rate | Fee | Recipient gets | Difference | |
|---|---|---|---|---|
| Mid-market rate | 188.9414 | – | Rp 41,75,604.12 | |
| | 188.8730 | ₹648.35 | Rp 40,51,637.00 | −Rp 1,23,967.12 |
| PayPal App (P2P Transfer) | 177.6049 | ₹884.00 | Rp 37,68,065.16 | −Rp 4,07,538.96 |
| MoneyGram Agent | 177.6049 | ₹884.00 | Rp 37,68,065.16 | −Rp 4,07,538.96 |
| Exchange rate | Fee | Recipient gets | Difference | |
|---|---|---|---|---|
| Mid-market rate | 189.8480 | – | Rp 41,95,640.38 | |
| | 189.8490 | ₹648.17 | Rp 40,72,608.00 | −Rp 1,23,032.38 |
| PayPal App (P2P Transfer) | 178.4571 | ₹884.00 | Rp 37,86,145.88 | −Rp 4,09,494.50 |
| MoneyGram Agent | 178.4571 | ₹884.00 | Rp 37,86,145.88 | −Rp 4,09,494.50 |
| Exchange rate | Fee | Recipient gets | Difference | |
|---|---|---|---|---|
| Mid-market rate | 190.1006 | – | Rp 42,01,223.41 | |
| | 190.0040 | ₹648.14 | Rp 40,75,939.00 | −Rp 1,25,284.41 |
| PayPal App (P2P Transfer) | 178.6946 | ₹884.00 | Rp 37,91,184.01 | −Rp 4,10,039.40 |
| MoneyGram Agent | 178.6946 | ₹884.00 | Rp 37,91,184.01 | −Rp 4,10,039.40 |
| Exchange rate | Fee | Recipient gets | Difference | |
|---|---|---|---|---|
| Mid-market rate | 190.1006 | – | Rp 42,01,223.41 | |
| | 190.0040 | ₹648.14 | Rp 40,75,939.00 | −Rp 1,25,284.41 |
| PayPal App (P2P Transfer) | 178.6946 | ₹884.00 | Rp 37,91,184.01 | −Rp 4,10,039.40 |
| MoneyGram Agent | 178.6946 | ₹884.00 | Rp 37,91,184.01 | −Rp 4,10,039.40 |
| Exchange rate | Fee | Recipient gets | Difference | |
|---|---|---|---|---|
| Mid-market rate | 190.4025 | – | Rp 42,07,894.59 | |
| | 190.3630 | ₹648.08 | Rp 40,83,652.00 | −Rp 1,24,242.59 |
| PayPal App (P2P Transfer) | 178.9783 | ₹884.00 | Rp 37,97,204.08 | −Rp 4,10,690.51 |
| MoneyGram Agent | 178.9783 | ₹884.00 | Rp 37,97,204.08 | −Rp 4,10,690.51 |
| Exchange rate | Fee | Recipient gets | Difference | |
|---|---|---|---|---|
| Mid-market rate | 189.6895 | – | Rp 41,92,137.24 | |
| | 189.4640 | ₹648.24 | Rp 40,64,336.00 | −Rp 1,27,801.24 |
| PayPal App (P2P Transfer) | 178.3081 | ₹884.00 | Rp 37,82,984.65 | −Rp 4,09,152.59 |
| MoneyGram Agent | 178.3081 | ₹884.00 | Rp 37,82,984.65 | −Rp 4,09,152.59 |
| Exchange rate | Fee | Recipient gets | Difference | |
|---|---|---|---|---|
| Mid-market rate | 189.8575 | – | Rp 41,95,850.84 | |
| | 189.9640 | ₹648.15 | Rp 40,75,079.00 | −Rp 1,20,771.84 |
| PayPal App (P2P Transfer) | 178.4661 | ₹884.00 | Rp 37,86,335.80 | −Rp 4,09,515.04 |
| MoneyGram Agent | 178.4661 | ₹884.00 | Rp 37,86,335.80 | −Rp 4,09,515.04 |
| Exchange rate | Fee | Recipient gets | Difference | |
|---|---|---|---|---|
| Mid-market rate | 190.5562 | – | Rp 42,11,291.20 | |
| | 190.5910 | ₹648.04 | Rp 40,88,551.00 | −Rp 1,22,740.20 |
| PayPal App (P2P Transfer) | 179.1228 | ₹884.00 | Rp 38,00,269.18 | −Rp 4,11,022.02 |
| MoneyGram Agent | 179.1228 | ₹884.00 | Rp 38,00,269.18 | −Rp 4,11,022.02 |
| Exchange rate | Fee | Recipient gets | Difference | |
|---|---|---|---|---|
| Mid-market rate | 190.4653 | – | Rp 42,09,283.82 | |
| | 190.3270 | ₹648.08 | Rp 40,82,880.00 | −Rp 1,26,403.82 |
| PayPal App (P2P Transfer) | 179.0374 | ₹884.00 | Rp 37,98,457.71 | −Rp 4,10,826.11 |
| MoneyGram Agent | 179.0374 | ₹884.00 | Rp 37,98,457.71 | −Rp 4,10,826.11 |
| Exchange rate | Fee | Recipient gets | Difference | |
|---|---|---|---|---|
| Mid-market rate | 190.5709 | – | Rp 42,11,616.85 | |
| | 190.4210 | ₹648.06 | Rp 40,84,900.00 | −Rp 1,26,716.85 |
| PayPal App (P2P Transfer) | 179.1366 | ₹884.00 | Rp 38,00,563.04 | −Rp 4,11,053.81 |
| MoneyGram Agent | 179.1366 | ₹884.00 | Rp 38,00,563.04 | −Rp 4,11,053.81 |
| Exchange rate | Fee | Recipient gets | Difference | |
|---|---|---|---|---|
| Mid-market rate | 190.5709 | – | Rp 42,11,616.85 | |
| | 190.4210 | ₹648.06 | Rp 40,84,900.00 | −Rp 1,26,716.85 |
| PayPal App (P2P Transfer) | 179.1366 | ₹884.00 | Rp 38,00,563.04 | −Rp 4,11,053.81 |
| MoneyGram Agent | 179.1366 | ₹884.00 | Rp 38,00,563.04 | −Rp 4,11,053.81 |
| Exchange rate | Fee | Recipient gets | Difference | |
|---|---|---|---|---|
| Mid-market rate | 190.4891 | – | Rp 42,09,808.18 | |
| | 190.4490 | ₹648.06 | Rp 40,85,501.00 | −Rp 1,24,307.18 |
| PayPal App (P2P Transfer) | 179.0597 | ₹884.00 | Rp 37,98,930.90 | −Rp 4,10,877.28 |
| MoneyGram Agent | 179.0597 | ₹884.00 | Rp 37,98,930.90 | −Rp 4,10,877.28 |
| Exchange rate | Fee | Recipient gets | Difference | |
|---|---|---|---|---|
| Mid-market rate | 190.7777 | – | Rp 42,16,188.14 | |
| | 190.6570 | ₹648.02 | Rp 40,89,970.00 | −Rp 1,26,218.14 |
| PayPal App (P2P Transfer) | 179.3311 | ₹884.00 | Rp 38,04,688.18 | −Rp 4,11,499.96 |
| MoneyGram Agent | 179.3311 | ₹884.00 | Rp 38,04,688.18 | −Rp 4,11,499.96 |
| Exchange rate | Fee | Recipient gets | Difference | |
|---|---|---|---|---|
| Mid-market rate | 190.7786 | – | Rp 42,16,207.72 | |
| | 190.8910 | ₹647.99 | Rp 40,94,996.00 | −Rp 1,21,211.72 |
| PayPal App (P2P Transfer) | 179.3319 | ₹884.00 | Rp 38,04,705.85 | −Rp 4,11,501.87 |
| MoneyGram Agent | 179.3319 | ₹884.00 | Rp 38,04,705.85 | −Rp 4,11,501.87 |
| Exchange rate | Fee | Recipient gets | Difference | |
|---|---|---|---|---|
| Mid-market rate | 190.3521 | – | Rp 42,06,781.54 | |
| | 189.9990 | ₹648.14 | Rp 40,75,832.00 | −Rp 1,30,949.54 |
| PayPal App (P2P Transfer) | 178.9310 | ₹884.00 | Rp 37,96,199.66 | −Rp 4,10,581.88 |
| MoneyGram Agent | 178.9310 | ₹884.00 | Rp 37,96,199.66 | −Rp 4,10,581.88 |
| Exchange rate | Fee | Recipient gets | Difference | |
|---|---|---|---|---|
| Mid-market rate | 190.6347 | – | Rp 42,13,026.80 | |
| | 190.6010 | ₹648.03 | Rp 40,88,767.00 | −Rp 1,24,259.80 |
| PayPal App (P2P Transfer) | 179.1966 | ₹884.00 | Rp 38,01,835.39 | −Rp 4,11,191.41 |
| MoneyGram Agent | 179.1966 | ₹884.00 | Rp 38,01,835.39 | −Rp 4,11,191.41 |
| Exchange rate | Fee | Recipient gets | Difference | |
|---|---|---|---|---|
| Mid-market rate | 191.0575 | – | Rp 42,22,371.74 | |
| | 190.9870 | ₹647.97 | Rp 40,97,059.00 | −Rp 1,25,312.74 |
| PayPal App (P2P Transfer) | 179.5941 | ₹884.00 | Rp 38,10,268.26 | −Rp 4,12,103.48 |
| MoneyGram Agent | 179.5941 | ₹884.00 | Rp 38,10,268.26 | −Rp 4,12,103.48 |
| Exchange rate | Fee | Recipient gets | Difference | |
|---|---|---|---|---|
| Mid-market rate | 190.9880 | – | Rp 42,20,834.95 | |
| | 190.9870 | ₹647.97 | Rp 40,97,059.00 | −Rp 1,23,775.95 |
| PayPal App (P2P Transfer) | 179.5287 | ₹884.00 | Rp 38,08,881.46 | −Rp 4,11,953.49 |
| MoneyGram Agent | 179.5287 | ₹884.00 | Rp 38,08,881.46 | −Rp 4,11,953.49 |
| Exchange rate | Fee | Recipient gets | Difference | |
|---|---|---|---|---|
| Mid-market rate | 191.5339 | – | Rp 42,32,900.07 | |
| | 191.3690 | ₹647.90 | Rp 41,05,267.00 | −Rp 1,27,633.07 |
| PayPal App (P2P Transfer) | 180.0419 | ₹884.00 | Rp 38,19,769.03 | −Rp 4,13,131.04 |
| MoneyGram Agent | 180.0419 | ₹884.00 | Rp 38,19,769.03 | −Rp 4,13,131.04 |
| Exchange rate | Fee | Recipient gets | Difference | |
|---|---|---|---|---|
| Mid-market rate | 191.2700 | – | Rp 42,27,066.98 | |
| | 191.3190 | ₹647.90 | Rp 41,04,194.00 | −Rp 1,22,872.98 |
| PayPal App (P2P Transfer) | 179.7938 | ₹884.00 | Rp 38,14,505.24 | −Rp 4,12,561.74 |
| MoneyGram Agent | 179.7938 | ₹884.00 | Rp 38,14,505.24 | −Rp 4,12,561.74 |
| Exchange rate | Fee | Recipient gets | Difference | |
|---|---|---|---|---|
| Mid-market rate | 191.4395 | – | Rp 42,30,812.42 | |
| | 191.2770 | ₹647.92 | Rp 41,03,290.00 | −Rp 1,27,522.42 |
| PayPal App (P2P Transfer) | 179.9531 | ₹884.00 | Rp 38,17,885.13 | −Rp 4,12,927.29 |
| MoneyGram Agent | 179.9531 | ₹884.00 | Rp 38,17,885.13 | −Rp 4,12,927.29 |
| Exchange rate | Fee | Recipient gets | Difference | |
|---|---|---|---|---|
| Mid-market rate | 191.4170 | – | Rp 42,30,315.57 | |
| | 191.4670 | ₹647.88 | Rp 41,07,373.00 | −Rp 1,22,942.57 |
| PayPal App (P2P Transfer) | 179.9320 | ₹884.00 | Rp 38,17,436.77 | −Rp 4,12,878.80 |
| MoneyGram Agent | 179.9320 | ₹884.00 | Rp 38,17,436.77 | −Rp 4,12,878.80 |
| Exchange rate | Fee | Recipient gets | Difference | |
|---|---|---|---|---|
| Mid-market rate | 192.6590 | – | Rp 42,57,762.99 | |
| | 192.5200 | ₹647.71 | Rp 41,29,995.00 | −Rp 1,27,767.99 |
| PayPal App (P2P Transfer) | 181.0994 | ₹884.00 | Rp 38,42,205.33 | −Rp 4,15,557.66 |
| MoneyGram Agent | 181.0994 | ₹884.00 | Rp 38,42,205.33 | −Rp 4,15,557.66 |
| Exchange rate | Fee | Recipient gets | Difference | |
|---|---|---|---|---|
| Mid-market rate | 192.5468 | – | Rp 42,55,284.97 | |
| | 192.7810 | ₹647.66 | Rp 41,35,604.00 | −Rp 1,19,680.97 |
| PayPal App (P2P Transfer) | 180.9940 | ₹884.00 | Rp 38,39,969.15 | −Rp 4,15,315.82 |
| MoneyGram Agent | 180.9940 | ₹884.00 | Rp 38,39,969.15 | −Rp 4,15,315.82 |
| Exchange rate | Fee | Recipient gets | Difference | |
|---|---|---|---|---|
| Mid-market rate | 192.8272 | – | Rp 42,61,481.23 | |
| | 192.7810 | ₹647.66 | Rp 41,35,604.00 | −Rp 1,25,877.23 |
| PayPal App (P2P Transfer) | 181.2576 | ₹884.00 | Rp 38,45,560.66 | −Rp 4,15,920.57 |
| MoneyGram Agent | 181.2576 | ₹884.00 | Rp 38,45,560.66 | −Rp 4,15,920.57 |
| Exchange rate | Fee | Recipient gets | Difference | |
|---|---|---|---|---|
| Mid-market rate | 192.9733 | – | Rp 42,64,708.83 | |
| | 192.9260 | ₹647.64 | Rp 41,38,718.00 | −Rp 1,25,990.83 |
| PayPal App (P2P Transfer) | 181.3949 | ₹884.00 | Rp 38,48,473.24 | −Rp 4,16,235.58 |
| MoneyGram Agent | 181.3949 | ₹884.00 | Rp 38,48,473.24 | −Rp 4,16,235.58 |
| Exchange rate | Fee | Recipient gets | Difference | |
|---|---|---|---|---|
| Mid-market rate | 193.2529 | – | Rp 42,70,889.05 | |
| | 192.9640 | ₹647.62 | Rp 41,39,537.00 | −Rp 1,31,352.05 |
| PayPal App (P2P Transfer) | 181.6577 | ₹884.00 | Rp 38,54,050.27 | −Rp 4,16,838.78 |
| MoneyGram Agent | 181.6577 | ₹884.00 | Rp 38,54,050.27 | −Rp 4,16,838.78 |
| Exchange rate | Fee | Recipient gets | Difference |
|---|
| Mid-market rate | 193.2529 | – | Rp 42,70,889.05 | |
|---|---|---|---|---|
| | ||||
| PayPal App (P2P Transfer) | ||||
| MoneyGram Agent |
Each line shows what the recipient gets when you send ₹22,100, after fees, as quoted by each company. The mid-market line shows what ₹22,100 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 IDR per INR 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 IDR on every transfer from India.
Right now, Wise pays 41,39,537 IDR on 22,100 INR, which is 1,31,352.05 IDR less than the mid-market amount.
Today's payout is the highest in the past month.
Just because a company is the cheapest today doesn't mean it's always the best option for sending money to Indonesia.
We've tracked 207 comparisons to check how often today's top companies were the cheapest across 7 amounts over the past month.
Cheapest in 73% of them
Never the cheapest
Never the cheapest
Based on 49 comparisons across 7 amounts over the last 7 days.
Cheapest in 72% of them
Never the cheapest
Never the cheapest
Based on 207 comparisons across 7 amounts over the last 30 days.
Cheapest in 63% of them
Never the cheapest
Never the cheapest
Based on 363 comparisons across 7 amounts over the last 90 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 Wise is the cheapest and gets you the most IDR, and it was also the cheapest in 72% of the 206 comparisons it appeared in over the past month.
It's a good pick for both one-off and regular transfers to Indonesia.
You have 4 options to send money to Indonesia from India.
Easiest way to send INR
Online services and apps are simple and cheap for INR to Indonesia transfers.
It works well for tuition deposits, living costs, and other ongoing payments to Indonesia.
Wise charges 647.62 INR in fees to send ₹22,100, which will get your recipient around 41,39,537 IDR.
In our comparisons over the past month, it was the cheapest online service on 30 of the 30 days it quoted.
Spending and receiving
With Wise you can hold INR and IDR in one account and swap between them when you need.
Over the past month, Wise came out cheapest among multi-currency accounts on 100% of days.
And you get IDR and INR banking details to receive payments.
Useful if you’re studying in Indonesia, travelling there often, or getting paid in IDR.
Making business payments
Business payments supported by an invoice do not use the owner’s personal LRS allowance.
Wise Business, Instarem Business, and Payoneer can manage freelancer payments, batch payments to Indonesia, invoices, and more.
With Wise, paying by bank transfer and receiving through bank deposit is the cheapest combination. Sending ₹22,100 gives your recipient 41,39,537 IDR.
UPI can fund the INR side when the company supports it, but the outward remittance still leaves India through an RBI-authorised bank.
From India, you can fund your transfer to Indonesia using bank transfer.
Fund the outward remittance through your bank
Fund the transfer by bank transfer from your Indian account.
You will normally need your PAN, Form A2 and documents showing the purpose of the transfer.
In Indonesia, your recipient can receive IDR by bank deposit.
You pay ₹22,100.00
Rp4,139,537
Cheapest
Outward transfers from India sit under the Liberalised Remittance Scheme. The purpose decides the documents and how much TCS is collected upfront.
For an INR 22,100 transfer to Indonesia, the current options are:
The cheapest option is Wise, funded by bank transfer with bank deposit for the payout. Your recipient gets 41,39,537 IDR, which is 6.9% more than the next best option.
The fastest option is PayPal App (P2P Transfer), funded by bank transfer with bank deposit in Indonesia. Your recipient gets 38,54,050.27 IDR in minutes.
A resident individual can remit up to USD 250,000 in one financial year under the Liberalised Remittance Scheme for permitted current and capital-account transactions.
The limit is per person and covers your combined LRS use, including gifts, maintenance, study, travel and overseas investment.
It is not a separate allowance for every bank or transfer company.
The authorised money transfer company will normally ask for your PAN, Form A2 and a purpose code.
The RBI LRS direction explains the yearly limit and permitted use.
TCS is collected on qualifying LRS remittances above the annual threshold.
From April 2026, education and medical remittances are generally collected at 2% above ₹10 lakh, while many other purposes carry 20% above the threshold.
Education funded by a qualifying loan does not attract TCS.
TCS is a tax credit rather than an extra transfer fee. You can claim it against your final tax bill, but the money remains unavailable until it is adjusted or refunded.
Add up your LRS payments across banks before sending. The bank or transfer company will need your earlier use to apply the threshold correctly.
UPI can be used to deposit money to a money transfer company, but it can’t send IDR to Indonesia.
Instead, a money transfer company will switch to a local network of bank accounts or local rails to move INR to IDR.
All outward remittance still passes through an RBI-authorised dealer.
Money only leaves India through an RBI-authorised dealer, so that's the first filter on this table.
We track 4 of them on INR to Indonesia, comparing rates, fees and the ways you can pay in, refreshed in real time on live comparisons.
In the past 30 days alone, we analysed 207 comparisons across 7 amounts.
This page covers the cheapest and fastest options for INR/IDR 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 one also goes through our review, and hand-collected pricing is marked as such.
Any tax information is for general guidance only and does not constitute tax advice. Speak to a qualified tax adviser about your circumstances.
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