"Over 16 million customers use Wise, mostly for their excellent mobile app, transparent fee structure & use of mid-market rates. Now increasingly used for larger transfers."
"Over 16 million customers use Wise, mostly for their excellent mobile app, transparent fee structure & use of mid-market rates. Now increasingly used for larger transfers."
"Over 16 million customers use Wise, mostly for their excellent mobile app, transparent fee structure & use of mid-market rates. Now increasingly used for larger transfers."
"OFX have been helping individuals and businesses send money for over 25 years. Transfer in 50+ currencies to 170+ countries, with 24/7 phone access to currency experts."
Our recommendation: Wise
We tested & reviewed 4 money transfer providers offering money transfers from Indonesia to Germany, and Wise scored highly.
In total, Wise appeared in 100% of Indonesia to Germany searches, and was the top rated company supporting transfers between IDR and EUR.
For a great mix of cost, speed & features, we recommend making your Indonesia to Germany transfer using Wise.
How to get the best deal on your Indonesia to Germany money transfer
Get the most from sending money from Indonesia to Germany
Comparing providers offering services between Indonesia and Germany based on your specific transfer amount, is the easiest way to get the best price on your transfer.
We cover the entire IDR-EUR market and have compared 4 providers offering services between Indonesia and Germany.
This ensures you will get the most comprehensive options for sending Rupiah to Germany.
Whilst we rate Wise as the best overall for transfers between the two countries, comparing gives you the best idea for your specific Indonesia to Germany transfer needs.
Cheapest way to transfer money to Germany from Indonesia: Wise
Data collected over the past six months shows that Wise is 0% cheaper than the second-best option.
Wise offers this through a combination of an average 476,183* IDR fee per transfer and exchange rate between IDR-EUR that is -53.38% different to the mid-market rate
If you want the cheapest way to send Rupiah to Germany, Wise is our recommended choice.
*The most common fee applied to IDR-EUR by Wise, based on data from the past six months.
Fastest company to send money to Germany from Indonesia: Wise.
Through our data, Wise was the quickest way to send money from Indonesia to Euro 87.5% of the time.
Sending money through Wise to Germany from Indonesia has an average fee of 378,449.29 IDR.
To understand who was the fastest, we tested Wise as part of 4 money transfer providers. Within this, we looked at the overall speed of sending money from Indonesia to Germany. This was made up of transfer times to Germany after Rupiahs were added to a money transfer account.
When fast money transfers between Indonesia and Germany are a priority, Wise is our recommended choice.
Sending a large amount of money?
Of the 4 providers compared, Wise is the best rated for higher transfer amounts.
Sending large amounts of money can be expensive, and while Wise may not always be the fastest or cheapest way to send money from Indonesia to Germany, it's a great provider for things like buying or selling property.
Understanding the costs involved when transferring money from Indonesia to Germany
When calculating the costs of money transfers between Indonesia and Germany, opt for the best combination of fees and exchange rates:
The Mid-Market and Exchange Rates: Today, the IDR-EUR mid-market rate equals 0.0001 EUR per Rupiah.
For reference, the IDR-EUR average mid-market rate for the past three months has been 0.0001 EUR per Rupiah, with a high of 0.0001 and a low of 0.0001.
The company offering the best exchange rate is Wise.
Often the IDR-EUR exchange rate you receive is the bigger factor than how much it costs to send Rupiahs to Germany.
Fees: Fees are charged on top of a transfer. The company offering the lowest fee is Wise, averaging 476,183 IDR over the last 6 months. We would recommend searching for your exact send amount to get an idea of fees.
Amount Received: The amount received in Euro is the biggest indicator the total cost of sending money from Indonesia to Germany. Essentially, the more the recipient receives in Germany, the less it is costing to send from Indonesia.
Getting best exchange rate for transfers between Rupiah and Euro
Timing is essential for transferring money between IDR and EUR. The exchange rate you secure impacts how much EUR you get for your IDR.
The recent trends between the currencies are:
Over the past six months, the mid-market rate from IDR to EUR has moved slightly. On average, it was 0.0001.
During this same period,there was a high of 0.0001, and a low of 0.0001.
Wise, which is our recommended service to send money online from Indonesia to Germany offers an exchange rate that is only -54.02% above the mid-market rate.
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Funding your Indonesia to Germany money transfer
How we analyze the market
We track the cost, speed, and product offerings of the leading money transfer services available between Germany and Indonesia.
Our comparison engine and algorithms evaluate providers based on over 25 factors, including transfer fees, ease of use, exchange rates, mobile apps, transfer times & customer support.
We also consider how these services are rated on platforms like TrustPilot, AppStore, and Google Play, giving you a comprehensive view of what to expect.
This thorough analysis helps you get the best available deal - every time you want to move money from Indonesia to Germany.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send IDR to EUR.
For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy document.