Overall best choice: Wise
We tested & reviewed dozens of money transfer providers, and Wise scored highly.
Wise appeared in 83.3% of Singapore to Indonesia searches, and was the top rated company out of 6 that support SGD to IDR.
So for a great mix of cost, speed & features, make your Singapore to Indonesia transfer using Wise.
How to get the best deal on your Singapore to Indonesia transfer
Important things to consider before sending money from Singapore to Indonesia
Don't settle for the first option. Always compare ways to send money from Singapore to Indonesia to find out about fees, speed, and reliability.
Our analysis included 6 providers that operate between Singapore and Indonesia.
Through this, you get a comprehensive view of all the options you have in Singapore when you need to send money to Indonesia.
Cheapest way to send money to Indonesia from Singapore: Instarem
Data collected over the past six months shows that Instarem is 0.7% cheaper than the second-best option.
The $135.32 transfer cost represents the most common fee for SGD to IDR international transfers, based on data from the past six months.
If you want to secure the best rates on a SGD to Indonesia transfer, make sure you pick Instarem to send your money online.
*The most common fee applied to SGD-IDR by Instarem, based on data from the past six months.
Fastest way to send money from Singapore to Indonesia: Wise
Our data shows that Wise came up as the fastest way to send money from Singapore to Indonesia in 52.2% of searches. This makes them well suited to urgent SGD to IDR money transfers.
The 'fastest' way to send money is defined by the overall speed of sending money from Singapore to Indonesia - this includes deposit, transfer and withdrawal timeframes and often differs per currency.
When speed matters, Wise is your best choice at the moment. This service emerged as the quickest way to send money to Indonesia from Singapore in 52.2% of the searches on MoneyTransfers.com over the past six months.
Need to send over $10,000?
Opt for a service proven with large transfers when size matters. For transfers over $10,000, your best bet is Wise.
While Wise may not always be the cheapest or fastest way to send SGD from Singapore to Indonesia, it’s the provider that will keep you safe and relaxed while your money moves into IDR.
Understanding the costs involved when moving money from Singapore to Indonesia
When calculating the costs of money transfers between Singapore and Indonesia, here's what really matters:
The Mid-Market Rate: Today, the SGD-IDR mid-market rate equals to 11919.311334 IDR per Singapore Dollar.
The SGD-IDR average exchange rate for the past three months has been 11647.5517 IDR per Singapore Dollar, with a high of 11753.6841 and a low of 11474.6729.
When looking to send money, we'd recommend Wise. On average Wise is -0.04% away from the average mid-market rate. Fees may be added on top, but they're still the cheapest provider on average from SGD to IDR.
How to find the best exchange rate for Singapore Dollar to Rupiah
Timing is essential for sending money between SGD and IDR. The exchange rate you secure impacts how much IDR you get for your SGD.
Let's dive into some interesting recent trends.
Over the past six months, the exchange rate from SGD to IDR has seen some fluctuation. On average, it stood at 11647.5517.
During this period, the highest value recorded was 11753.6841, while the lowest was 11474.6729.
Wise, which is our recommended service to send money online from Singapore to Indonesia offers an exchange rate that is only -0.04% above the mid-market rate.
Want to secure the best SGD-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 Singapore to Indonesia!
Payment methods available to fund your Singapore to Indonesia transfer
How we analyze the market
We track the cost, speed, and product offerings of the leading money transfer services available between Indonesia and Singapore.
Our comparison engine and algorithms evaluate providers based on over 25 factors.
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 Singapore to Indonesia.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send SGD to IDR.
For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy document.