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Best way to send: Wise
We tested & reviewed 7 money transfer companies offering services between India and Indonesia, and Wise scored highly.
In total, Wise appeared in 45.5% of India to Indonesia searches, and was the top rated company out of 7 that support transfers into Rupiah.
So for a great mix of cost, speed & features, make your India to Indonesia transfer using Wise.
How to get the best deal on sending money from India 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 India 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 India to Indonesia
Comparing money transfer companies with services between India 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 7 providers providing services between India 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 India.
Cheapest way to transfer money from India to Indonesia: CurrencyFair
Our data shows CurrencyFair is 0% cheaper than the second-best option. The company offers an average fee of 19,406.06* INR and an average exchange rate between INR and IDR that is 0% different to the mid-market rate.
For a cheap way to send INR to Indonesia, CurrencyFair is a great all round choice.
*The most common fee applied to INR-IDR by CurrencyFair, based on data from the past six months.
Fastest company to send money to Indonesia from India: CurrencyFair.
Through our data, CurrencyFair was the quickest way to send money from India to Rupiah 36.8% of the time.
Sending money through CurrencyFair to Indonesia from India has an average fee of 19,480.62 INR.
To understand who was the fastest, we tested CurrencyFair as part of 7 money transfer providers. Within this, we looked at the overall speed of sending money from India to Indonesia. This was made up of transfer times to Indonesia after Indian Rupees were added to a money transfer account.
When fast money transfers between India and Indonesia are a priority, CurrencyFair is our recommended choice.
Send large sums of money
Wise offers the strongest all round option for large transfers of the 7 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 India.
Understanding the cost of transferring money to Indonesia from {countryFromName}}
Fees and exchange rates make up the total cost of sending money from Indonesia to Indonesia. Finding a company that can offer both ensures a good deal on your transfer.
The Mid-Market and Exchange Rates: The current INR-IDR mid-market rate is 186.7338 IDR per Indian Rupee. You will get more Rupiah for your Indian Rupees if you find a provider close to this number.
For context, over the last three months the INR-IDR mid-market rate has had a high of 197.3244, a low of 180.6631 and averaged 191.4682 IDR per Indian Rupee.
Across the 7 companies compared, the best exchange rate is with Wise.
Unless fees are unusually high, the exchange rate you receive on converting INR to IDR will be the biggest determining factor when working out the cost of transferring Indian Rupees to Indonesia.
Fees: Transfer fees are charged as part of the transfer. CurrencyFair at an average of 19,406.06 INR per transfer over the last 6 months, offers the lowest fees overall. We’d always recommend comparing providers for your exact send amount as fees may change.
Amount Received: Money transfer companies will show you the amount of Rupiah eventually received in Indonesia. You can assume that a lower cost of sending from India will result in more money received in Indonesia.
Getting the best exchange rate for Indian Rupee to Rupiah
Tracking the mid-market rate can make a huge difference when sending money INR to IDR. The exchange rate you secure impacts how much IDR you get for your INR.
Here's some data on recent trends in the mid-market rate.
Over the past six months, the interbank rate from INR to IDR has seen some fluctuation. On average, it has been 191.4682.
During this period, the highest value level was 197.3244, with a low of 180.6631.
Wise, which is our recommended service to send money online from India to Indonesia offers an exchange rate that is only 0% above the mid-market rate.
Want to secure the best INR-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 India to Indonesia!
Funding your India to Indonesia transfer
Bank transfers
The default option for sending money from India to Indonesia is often a bank transfer.
Using a money transfer company, such as CurrencyFair for transfers from India to Indonesia, allows for sending via a bank transfer while benefitting from lower fees and more favorable exchange rates.
From the 7 we tested, the cheapest provider for bank transfers from INR to Indonesia is CurrencyFair.
With an average fee of INR19,740.31 to send money from India to Indonesia, CurrencyFair offers a great combination of competitive exchange rates and lower fees.
Prepaid and debit cards
Sending money from India to Indonesia with a prepaid or debit card is easy with Wise.
Wise is a leader in accepting card payments for transfers between India and Indonesia.
Credit cards
is the best money transfer company of the 7 compared for credit card transfers from India 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 India.
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 India to Indonesia.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send INR 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
