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Companies for transfers from Hong Kong to Indonesia
"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."
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"Regency's UK-based account management team has vast experience. Get support on all kinds of transfers, from overseas property transactions to business payments & more."
"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."
"Xe has over 30 years of currency exchange experience, and is one of the most reputable names on the market. 200 countries, 100 currencies, & funds often received in seconds."
"Regency's UK-based account management team has vast experience. Get support on all kinds of transfers, from overseas property transactions to business payments & more."
"Securely send money to and from 150+ countries and 20+ currencies. Same-day transfers avaialble on most major currencies."
"Send money to over 40 destinations online and in the mobile app."
Overall best option: Wise
We tested & reviewed 5 money transfer companies, and Wise came out as one of the easiest options.
Wise appeared in 100% of searches for sending money from Hong Kong to Indonesia, and was the top rated company for HKD to IDR transfers.
So for a great mix of cost, speed & features, make your Hong Kong to Indonesia transfer using Wise.
How to to send from Hong Kong to Indonesia in the best way
- Always compare rates
Money transfers to Indonesia should be easy. Use our live comparison tool to make sure you aren't missing the best rates to send money from Hong Kong to Indonesia.
- Choose a provider
Select the provider that offers you the best value on your Hong Kong Dollar & service for your needs.
- Click, sign up & send
Follow the steps & start your transfer. Your funds will soon be on their way to Indonesia.
Summary of recent searches
Considerations when sending from Hong Kong to Indonesia
Comparing money transfer companies with services between Hong Kong 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 5 providers providing services between Hong Kong 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 Hong Kong.
Cheapest way to transfer money from Hong Kong to Indonesia: OFX
Our data shows OFX is -3% cheaper than the second-best option. The company offers an average fee of 0* HKD and an average exchange rate between HKD and IDR that is 2.91% different to the mid-market rate.
For a cheap way to send HKD to Indonesia, OFX is a great all round choice.
*The most common fee applied to HKD-IDR by OFX, based on data from the past six months.
Fastest way to send money to Indonesia from Hong Kong: Wise.
In our comparison, we found Wise to be the fastest way to send Hong Kong Dollars to Rupiah in 100% of transfers. For quick transfers between HKD and IDR, Wise comes highly recommended.
Sending money from Hong Kong to Indonesia through Wise has an average fee of 28.44 HKD.
To find the fastest company, we compared 5 money transfer providers for the overall speed of sending money from Hong Kong to Indonesia. This was made up of depositing Hong Kong Dollar to a money transfer account and transfer times to Indonesia.
When looking for the fastest money transfer, Wise is our best choice for sending into Indonesia from Hong Kong.
Send large sums of money
Wise offers the strongest all round option for large transfers of the 5 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 Hong Kong.
Understanding the costs involved when transferring money to Indonesia from Hong Kong
When calculating the cost of sending money from Hong Kong to Indonesia, a combination of fees and exchange rates ensure the best deal:
The Mid-Market and Exchange Rates: The current HKD-IDR mid-market rate is 2,084.6893 IDR per Hong Kong Dollar. Finding a provider as close to this number as possible will ensure more Rupiah for your money.
As a comparison, the HKD-IDR mid-market rate for the past three months has averaged 2,031.7264 IDR per Hong Kong Dollar, hitting a high of 2,031.7264 and a low of 2,031.7264.
Wise is currently offering the best exchange rate on transfers between Hong Kong and Indonesia.
Often the HKD-IDR exchange rate you receive will be the biggest factor impacting the cost of sending Hong Kong Dollar to Indonesia.
Fees: Transfer fees are charged on top of a transfer. OFX currently offers lowest fees, at an average of 0 HKD over the last 6 months. Although, we recommend searching for your exact send amount for an exact fee.
Amount Received: The total amount received in Rupiah is the biggest indicator in the total cost of sending money to Hong Kong from Indonesia. The higher the total amount received in Indonesia, the lower the cost of sending from Hong Kong.
Getting best exchange rate for transfers between Hong Kong Dollar and Rupiah
Timing is essential for transferring money between HKD and IDR. The exchange rate you secure impacts how much IDR you get for your HKD.
The recent trends between the currencies are:
Over the past six months, the mid-market rate from HKD to IDR has moved slightly. On average, it was 2,031.7264.
During this same period,there was a high of 2,031.7264, and a low of 2,031.7264.
Wise, which is our recommended service to send money online from Hong Kong to Indonesia offers an exchange rate that is only -0.21% above the mid-market rate.
Want to secure the best HKD-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 Hong Kong to Indonesia!
Funding your Hong Kong to Indonesia transfer
Bank transfers
The default option for sending money from Hong Kong to Indonesia is often a bank transfer.
Using a money transfer company, such as OFX for transfers from Hong Kong to Indonesia, allows for sending via a bank transfer while benefitting from lower fees and more favorable exchange rates.
From the 5 we tested, the cheapest provider for bank transfers from HKD to Indonesia is OFX.
With an average fee of HKD0 to send money from Hong Kong to Indonesia, OFX offers a great combination of competitive exchange rates and lower fees.
Prepaid and debit cards
Sending money from Hong Kong to Indonesia with a prepaid or debit card is easy with Wise.
Wise is a leader in accepting card payments for transfers between Hong Kong and Indonesia.
Credit cards
is the best money transfer company of the 5 compared for credit card transfers from Hong Kong 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 Hong Kong.
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 Hong Kong to Indonesia.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send HKD 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
