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Companies for transfers from Taiwan to Indonesia
"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."
"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."
Our recommendation: OFX
We tested & reviewed 5 money transfer providers offering money transfers from Taiwan to Indonesia, and OFX scored highly.
In total, OFX appeared in 40.3% of Taiwan to Indonesia searches, and was the top rated company supporting transfers between TWD and IDR.
For a great mix of cost, speed & features, we recommend making your Taiwan to Indonesia transfer using OFX.
How to get the best deal on sending money from Taiwan 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 Taiwan 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 Taiwan to Indonesia
Comparing money transfer companies with services between Taiwan 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 Taiwan and Indonesia. This ensures you will get the best options when sending Rupiah to Indonesia.
Over the last six months, we’ve picked OFX 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 Taiwan.
Cheapest way to transfer money from Taiwan to Indonesia: OFX
Our data shows OFX is 0% cheaper than the second-best option. The company offers an average fee of 0* TWD and an average exchange rate between TWD and IDR that is 1.94% different to the mid-market rate.
For a cheap way to send TWD to Indonesia, OFX is a great all round choice.
*The most common fee applied to TWD-IDR by OFX, based on data from the past six months.
Fastest money transfers to Indonesia from Taiwan: OFX.
Through our research, we found OFX to be the quickest way to send TWD into Rupiah in 50.8% of instances. For fast transfers between TWD and IDR, OFX is generally a good option.
Money transfers from Taiwan to Indonesia through OFX have an average fee of 0 TWD.
To confirm that OFX was the 'fastest' option we compared 5 money transfer providers for overall speed of sending money from Taiwan to Indonesia. This was made up of depositing New Taiwan Dollar to a money transfer account and transfer times to Indonesia.
When sending quickly is a priority, OFX is our recommended choice for sending into Indonesia from Taiwan.
Send large sums of money
OFX 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 OFX for sending large sums of money to Indonesia from Taiwan.
Understanding the cost of money transfers to Indonesia from Taiwan
The total cost of sending money to Indonesia from Taiwan is a mix of the mid-market, exchange rates and transfer fees.
The Mid-Market and Exchange Rates: The mid-market for TWD-IDR is 501.1457 IDR per New Taiwan Dollar.
Using a transfer company with an exchange rate as close to the mid-market rate as possible will result in being able to buy more Rupiah for your New Taiwan Dollars.
The TWD-IDR mid-market rate over the last three months has seen the New Taiwan Dollar worth an average 488.7614 IDR. Within this there has been a high of 509.6952, and a low of 474.0559.
From 5 companies compared, OFX offers the strongest exchange rates.
The biggest factor in the overall cost of sending money is the exchange rate you receive on converting TWD to IDR.
Fees: When sending money there may be additional fees. OFX offers the lowest fee of the 5 providers tested, averaging 0 TWD per transfer over the last 6 months.
Amount Received: When comparing providers, the best measure is the amount of Rupiah eventually received in Indonesia.
This number should allow you to determine if you are getting a good deal. A higher amount of money received in Indonesia, means a better overall cost of sending money from Taiwan.
Track the exchange rate for New Taiwan Dollar to Rupiah
Sending money at the right time between TWD and IDR can make a huge difference to overall cost. The exchange rate impacts how much IDR you get for your TWD.
Over the last six months, the average numbers are:
The exchange rate from TWD to IDR averaged 488.7614 IDR.
The highest value recorded was 509.6952 IDR, while the lowest was 474.0559 IDR.
5 providers currently offer transfers between Taiwan and Indonesia close to this rate
Want to secure the best TWD-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 Taiwan to Indonesia!
Funding your Taiwan to Indonesia transfer
Bank transfers
The default option for sending money from Taiwan to Indonesia is often a bank transfer.
Using a money transfer company, such as OFX for transfers from Taiwan 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 TWD to Indonesia is OFX.
With an average fee of TWD0 to send money from Taiwan to Indonesia, OFX offers a great combination of competitive exchange rates and lower fees.
Prepaid and debit cards
Sending money from Taiwan to Indonesia with a prepaid or debit card is easy with Instarem.
Instarem is a leader in accepting card payments for transfers between Taiwan and Indonesia.
Credit cards
is the best money transfer company of the 5 compared for credit card transfers from Taiwan 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 Taiwan.
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 Taiwan to Indonesia.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send TWD 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
