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Best way to send: Wise
We tested & reviewed 4 money transfer companies offering services between China and Indonesia, and Wise scored highly.
In total, Wise appeared in 65.7% of China to Indonesia searches, and was the top rated company out of 4 that support transfers into Rupiah.
So for a great mix of cost, speed & features, make your China to Indonesia transfer using Wise.
How to get the best deal on sending money from China to Indonesia
- Always compare rates
Don't pay more than you have to. Use our live comparison tool to make sure you aren't missing the best rates to send money from China to Indonesia.
- Choose a provider
Select the provider that offers you the best value on buying IDR & service for your needs.
- Click, sign up & send
Follow the steps & make your transfer. Your funds will soon be on their way to your chosen country & currency.
Summary of recent searches
Considerations when sending from China to Indonesia
Comparing money transfer companies with services between China and Indonesia, based on your specific transfer amount and transfer needs, is the best way to send money at the best price.
For this route, we’ve compared 4 providers providing services between China and Indonesia. This ensures you will get the best options when sending Rupiah to Indonesia.
Over the last six months, we’ve picked Wise as the best overall provider. However, comparing based on the amount you want to send to Indonesia will provide a specific provider that’s best for transferring money from China.
Cheapest way to transfer money from China to Indonesia: Panda Remit
Our data shows Panda Remit is 0% cheaper than the second-best option. The company offers an average fee of 4* CNY and an average exchange rate between CNY and IDR that is 0.4% different to the mid-market rate.
For a cheap way to send CNY to Indonesia, Panda Remit is a great all round choice.
*The most common fee applied to CNY-IDR by Panda Remit, based on data from the past six months.
Fastest money transfers to Indonesia from China: Panda Remit.
Through our research, we found Panda Remit to be the quickest way to send CNY into Rupiah in 68.6% of instances. For fast transfers between CNY and IDR, Panda Remit is generally a good option.
Money transfers from China to Indonesia through Panda Remit have an average fee of 4 CNY.
To confirm that Panda Remit was the 'fastest' option we compared 4 money transfer providers for overall speed of sending money from China to Indonesia. This was made up of depositing Yuan Renminbi to a money transfer account and transfer times to Indonesia.
When sending quickly is a priority, Panda Remit is our recommended choice for sending into Indonesia from China.
Send large sums of money
Wise offers the strongest all round option for large transfers of the 4 money transfer companies compared.
Whether for business or a property purchase, sending large amounts of money can be expensive if you get a bad exchange rate from Rupiah to Rupiah.
As such, opt for Wise for sending large sums of money to Indonesia from China.
Understanding the costs involved when transferring money from China to Indonesia
When calculating the costs of money transfers between China and Indonesia, opt for the best combination of fees and exchange rates:
The Mid-Market and Exchange Rates: Today, the CNY-IDR mid-market rate equals 2,166.1534 IDR per Yuan Renminbi.
For reference, the CNY-IDR average mid-market rate for the past three months has been 2,223.2396 IDR per Yuan Renminbi, with a high of 2,254.1312 and a low of 2,158.5281.
The company offering the best exchange rate is Wise.
Often the CNY-IDR exchange rate you receive is the bigger factor than how much it costs to send Yuan Renminbis to Indonesia.
Fees: Fees are charged on top of a transfer. The company offering the lowest fee is Panda Remit, averaging 4 CNY 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 Rupiah is the biggest indicator the total cost of sending money from China to Indonesia. Essentially, the more the recipient receives in Indonesia, the less it is costing to send from China.
Getting best exchange rate for transfers between Yuan Renminbi and Rupiah
Timing is essential for transferring money between CNY and IDR. The exchange rate you secure impacts how much IDR you get for your CNY.
The recent trends between the currencies are:
Over the past six months, the mid-market rate from CNY to IDR has moved slightly. On average, it was 2,223.2396.
During this same period,there was a high of 2,254.1312, and a low of 2,158.5281.
Wise, which is our recommended service to send money online from China to Indonesia offers an exchange rate that is only 0% above the mid-market rate.
Want to secure the best CNY-Rupiah exchange rates?
Sign up for our rate alerts and we'll tell you when it's the best time to move your money from China to Indonesia!
Funding your China to Indonesia transfer
Bank transfers
The default option for sending money from China to Indonesia is often a bank transfer.
Using a money transfer company, such as Panda Remit for transfers from China to Indonesia, allows for sending via a bank transfer while benefitting from lower fees and more favorable exchange rates.
From the 4 we tested, the cheapest provider for bank transfers from CNY to Indonesia is Panda Remit.
With an average fee of CNY4 to send money from China to Indonesia, Panda Remit offers a great combination of competitive exchange rates and lower fees.
Prepaid and debit cards
Sending money from China to Indonesia with a prepaid or debit card is easy with Wise.
Wise is a leader in accepting card payments for transfers between China and Indonesia.
Credit cards
Instarem is the best money transfer company of the 4 compared for credit card transfers from China to Indonesia
Fee alert: using a credit card to transfer money can mean a fee being charged by your card issuer. We recommend bank transfer or debit card instead.
How we analyze the market
We track the cost, speed, and product offerings of the leading money transfer services available between Indonesia and China.
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 China to Indonesia.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send CNY to IDR.
For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy document.
Money transfer company reviews
