Sending Money From India to Indonesia

Ways to send money from India to Indonesia

The best way to send money from India to Indonesia

Wise is the best way to send money to Indonesia from India. This is based on cost, speed, and how easy it is to use.

We analyzed 5 providers that allow INR to IDR transfers. Wise emerged as the best option in 100% of searches.

How to send money from India to Indonesia

Follow these steps to send money between India and Indonesia

1. Choose your provider. Register with the provider of your choice by clicking on the link above.

2. Enter your details. Enter your details and provide any of the documents needed.

3. Start your transfer. Tell your provider that you'd like to send money from India to Indonesia, how much you'd like to send, and how you'd like to pay for your transfer. You'll also need to add your recipient's details.

4. Check the recipient's details. This is really important. It can be very difficult to reverse a transfer from India to Indonesia once it's been sent. Make sure all the details are correct before you submit.

5. Send the money. When you've checked the details, you can make the transfer.

The cheapest way to send money from India to Indonesia

The cheapest way to send money from India to Indonesia is Ria Money Transfer. On average, transfers from India to Indonesia with Ria Money Transfer cost ₹4, making them 0.26 cheaper than their nearest competitor.

Ria Money Transfer has been the cheapest way to send money from India to Indonesia for the last three months, on average.

Just to make you aware, bank transfer was the cheapest payment method.

The current mid-market rate between INR and IDR is 186.737. The rate the time you transfer will impact your overall cost. As an example, Wise has averaged -0.1% below the mid-market rate over the last three months, generally making sending money a little cheaper before fees.

Note: The cheapest way to send money isn't always the fastest

Ria Money Transfer is the cheapest way to send money from India to Indonesia, but make sure the timeframes work for you.

How the cost of sending money to Indonesia from India is calculated

The cost of sending money from India to India depends on several things, including:

The mid-market rate

The current mid-market rate between INR and IDR is 186.737. The rate the time you transfer will impact your overall cost. As an example, Wise has averaged -0.1% below the mid-market rate over the last 3 months, generally making sending money a little cheaper before fees.

The markup and fee

Providers will often charge a markup on the rate, fees, or both, for transfers between Indonesia and Indonesia. This is why Regency FX is listed as our cheapest option - they offer the best combination of Indian Rupee to Rupiah rates (2.8) and fees (4).

Bank transfers from India to Indonesia

Bank transfers are the most common way of sending INR to Indonesia as they are secure, reliable, and convenient.

If you want to send Indian Rupees to Indonesia via bank transfer, Wise has been the top rated provider in our comparison system for the last three months, recommended 100% of the time.

That’s because companies like Wise bypass the SWIFT network and rely on their own digital network of banks, making transfers faster and cheaper. As an example, Wise's transaction fees for Indian Rupees into Indonesia have averaged at 679.9 for the last three months. This is significantly lower than the fees charged by banks.

Credit card payments from India to Indonesia

Credit card payments are quick, convenient, and typically more secure than other methods, thanks to backing by the issuing party. Some users may even be able to rack up reward points when making large transactions.

If you want to send Indian Rupees to Indonesia with a credit card, Western Union Agent is your best option. They've been the top rated provider in our comparison system for the last three months, recommended 100% of the time.

Note: Beware of charges

Credit card payments are often classified as cash advances, which bring their own charges, as well as currency conversion and usage fees. Forgetting to pay your balance can also result in high interest charges, and can even damage your credit score.

Debit card payments from India to Indonesia

Debit card payments let you send money from the India to Indonesia with the similar convenience of a credit card, and there are usually no tax advance fees. That said, you might still face currency exchange fees, processing fees, and other expenses, making this a pricier option than a simple bank transfer.

If you want to send Indian Rupees to Indonesia with a debit card, Western Union Agent is your best option. They've been the top rated provider in our comparison system for the last three months, recommended 100% of the time.

Finding the best exchange rate for INR to IDR

The mid-market exchange rate changes daily, so timing your transfer can make a big difference to how many IDRs you can get for your INRs. The average Indian Rupee to Rupiah mid-market rate over the last month was 188.7036, with a low of 188.316 and a high of 189.0933.

For comparison, the best exchange rate for INR to IDR right now is through Wise, at a difference of 0%.

How we find the best transfer deals from India to Indonesia

We’ve compared the cost, speed, and product offering of the top money transfer services (including Wise) available between Indonesia and India. Or comparison tool compares providers based on live fees, rates, and transfer times to make sure you get the best deal available.

We also produce unbiased, detailed reviews of all the top money transfer companies for sending Indian Rupee to Indonesia, helping you in making smarter, simpler choices. We pride ourselves on our objective reviews, maintaining complete independence in our analysis and ratings.

Take a look at our comprehensive editorial policy for more information about our dedication to integrity and transparency.