Companies for transfers from Indonesia to Hong Kong
"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."
"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."
Overall best way: Wise
We tested & reviewed 2 transfer providers, and Wise scored highly.
In the last six months, Wise appeared in 100% of Indonesia to Hong Kong searches, and was the top rated company supporting payments Indonesia into Hong Kong Dollar.
So for a great mix of cost, speed & features, make your Indonesia to Hong Kong transfer using Wise.
![Screenshot](https://cdn.moneytransfers.com/tr:f-auto,h-500,fo-auto/uploads/2024/04/1712317091-wise.jpg)
How to get the best deal on your Indonesia to Hong Kong money transfer
Considerations to make sending money from Indonesia to Hong Kong easy
Comparing the different providers offering services between Indonesia and Hong Kong, is the best way to send money with confidence.
The 2 providers we've compared ensures you will get the best options for your transfer to Hong Kong from Indonesia. By taking the time to compare you can save yourself in the region of 3% of the total transfer amount.
Whilst we rate Wise as the best overall, comparing gives you a comprehensive view of all the options for transferring Rupiah to Hong Kong.
Cheapest way to transfer money to Hong Kong from Indonesia: Wise
Data collected over the past six months shows that Wise is 2.5% cheaper than the second-best option.
Wise offers this through a combination of an average 143,676* IDR fee per transfer and exchange rate between IDR-HKD that is -0.2% different to the mid-market rate
If you want the cheapest way to send Rupiah to Hong Kong, Wise is our recommended choice.
*The most common fee applied to IDR-HKD by Wise, based on data from the past six months.
![Screenshot](https://cdn.moneytransfers.com/tr:f-auto,h-500,fo-auto/uploads/2024/04/1712317091-wise.jpg)
Fastest money transfers to Hong Kong from Indonesia: Wise.
Through our research, we found Wise to be the quickest way to send IDR into Hong Kong Dollar in 100% of instances. For fast transfers between IDR and HKD, Wise is generally a good option.
Money transfers from Indonesia to Hong Kong through Wise have an average fee of 143,676 IDR.
To confirm that Wise was the 'fastest' option we compared 2 money transfer providers for overall speed of sending money from Indonesia to Hong Kong. This was made up of depositing Rupiah to a money transfer account and transfer times to Hong Kong.
When sending quickly is a priority, Wise is our recommended choice for sending into Hong Kong from Indonesia.
![Screenshot](https://cdn.moneytransfers.com/tr:f-auto,h-500,fo-auto/uploads/2024/04/1712317091-wise.jpg)
Need to make a large transfer?
Wise is the best option for large transfers of the 2 providers compared.
While Wise may not always be the cheapest or fastest way to send IDR from Indonesia to Hong Kong, it's a great provider for larger transfers for things like buying or selling property.
![](https://cdn.moneytransfers.com/tr:f-auto,h-600,fo-auto/uploads/2024/04/1712325192-Untitled-3.jpg)
Understanding the costs involved when transferring money from Indonesia to Hong Kong
When calculating the costs of money transfers between Indonesia and Hong Kong, opt for the best combination of fees and exchange rates:
The Mid-Market and Exchange Rates: Today, the IDR-HKD mid-market rate equals 0.0005 HKD per Rupiah.
For reference, the IDR-HKD average mid-market rate for the past three months has been 0.0005 HKD per Rupiah, with a high of 0.0005 and a low of 0.0005.
The company offering the best exchange rate is OFX.
Often the IDR-HKD exchange rate you receive is the bigger factor than how much it costs to send Rupiahs to Hong Kong.
Fees: Fees are charged on top of a transfer. The company offering the lowest fee is Wise, averaging 143,676 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 Hong Kong Dollar is the biggest indicator the total cost of sending money from Indonesia to Hong Kong. Essentially, the more the recipient receives in Hong Kong, the less it is costing to send from Indonesia.
Getting best exchange rate for transfers between Rupiah and Hong Kong Dollar
Timing is essential for transferring money between IDR and HKD. The exchange rate you secure impacts how much HKD you get for your IDR.
The recent trends between the currencies are:
Over the past six months, the mid-market rate from IDR to HKD has moved slightly. On average, it was 0.0005.
During this same period,there was a high of 0.0005, and a low of 0.0005.
Wise, which is our recommended service to send money online from Indonesia to Hong Kong offers an exchange rate that is only -0.2% above the mid-market rate.
Want to secure the best IDR-Hong Kong Dollar exchange rates?
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Payment methods available to fund your Indonesia to Hong Kong transfer
How we analyze the market
We track the cost, speed, and product offerings of the leading money transfer services available between Hong Kong 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 Hong Kong.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send IDR to HKD.
For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy document.
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