"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 8 money transfer providers offering money transfers from Indonesia to India, and Wise scored highly.
In total, Wise appeared in 95% of Indonesia to India searches, and was the top rated company supporting transfers between IDR and INR.
For a great mix of cost, speed & features, we recommend making your Indonesia to India transfer using Wise.
How to compare deals on Indonesia to India money transfers
Considerations for money transfers from Indonesia to India
Comparing providers offering services between Indonesia and India, based on your specific needs is the best way to send money with confidence.
Our comparison includes 8 companies that provide the ability to send Rupiah to India.
This ensures you get the best options for transfers to India from Indonesia, based on the amount you want to send.
Cheapest way to transfer money to India 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 115,196.08* IDR fee per transfer and exchange rate between IDR-INR that is 0.07% different to the mid-market rate
If you want the cheapest way to send Rupiah to India, Wise is our recommended choice.
*The most common fee applied to IDR-INR by Wise, based on data from the past six months.
Fastest company to send money to India from Indonesia: Wise.
Through our data, Wise was the quickest way to send money from Indonesia to Indian Rupee 100% of the time.
Sending money through Wise to India from Indonesia has an average fee of 138,660.35 IDR.
To understand who was the fastest, we tested Wise as part of 8 money transfer providers. Within this, we looked at the overall speed of sending money from Indonesia to India. This was made up of transfer times to India after Rupiahs were added to a money transfer account.
When fast money transfers between Indonesia and India are a priority, Wise is our recommended choice.
Sending a large amount of money?
Of the 8 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 India, it's a great provider for things like buying or selling property.
Understanding the costs involved when moving money from Indonesia to India
The total cost of sending money to India from Indonesia is a mix of the mid-market, exchange rates and transfer fees.
The Mid-Market and Exchange Rates: The mid-market for IDR-INR is 0.0052 INR per Rupiah.
Using a transfer company with an exchange rate as close to the mid-market rate as possible will result in being able to buy more Indian Rupee for your Rupiahs.
The IDR-INR mid-market rate over the last three months has seen the Rupiah worth an average 0.0053 INR. Within this there has been a high of 0.0055, and a low of 0.0051.
From 8 companies compared, Wise offers the strongest exchange rates.
The biggest factor in the overall cost of sending money is the exchange rate you receive on converting IDR to INR.
Fees: When sending money there may be additional fees. Wise offers the lowest fee of the 8 providers tested, averaging 115,196.08 IDR per transfer over the last 6 months.
Amount Received: When comparing providers, the best measure is the amount of Indian Rupee eventually received in India.
This number should allow you to determine if you are getting a good deal. A higher amount of money received in India, means a better overall cost of sending money from Indonesia.
Getting best exchange rate for transfers between Rupiah and Indian Rupee
Timing is essential for transferring money between IDR and INR. The exchange rate you secure impacts how much INR you get for your IDR.
The recent trends between the currencies are:
Over the past six months, the mid-market rate from IDR to INR has moved slightly. On average, it was 0.0053.
During this same period,there was a high of 0.0055, and a low of 0.0051.
Wise, which is our recommended service to send money online from Indonesia to India offers an exchange rate that is only 0.1% above the mid-market rate.
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Funding your Indonesia to India money transfer
How we analyze the market
We track the cost, speed, and product offerings of the leading money transfer services available between India 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 India.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send IDR to INR.
For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy document.