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Send money from Taiwan to Indonesia
While you can’t send TWD to IDR with Wise, you can transfer USD to USD.
"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."
How to send money from Taiwan to Indonesia
Sending money from Taiwan to Indonesia doesn’t have a huge amount of options. Because of this, we suggest sending money via:
An agent like Western Union, MoneyGram, or Ria Money Transfer
Wise (USD/USD or EUR/EUR transfers)
Send cash to Indonesia from Taiwan
Agents are physical stores where you hand in TWD as cash and the receiver picks it up from the store in Indonesia.
Western Union Agent
We suggest using Western Union agent as it's reputable, fast, and is partnered with multiple banks in Taiwan.
The fees and rates will vary from day to day and based on your transfer amount, but it's still much cheaper than using your bank directly.
To get started, find the closest WU agent using the store locator, fill in the forms at the counter, pay for your transfer and let the recipient know.
Most transfers will be available for collection the same day, but sometimes can take up to a few days.
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.
Sending money from Taiwan to Indonesia: key insights and tips
Don't settle for the first option. Always compare ways to send money from Taiwan to Indonesia to find out about fees, speed, and reliability.
Your analysis should include all the providers that operate between Taiwan and Indonesia. Through this, you get a comprehensive view of all the options you have in Taiwan when you need to send money to Indonesia.
Cheapest way to send money from Taiwan to Indonesia
Without any money transfer providers serving the Taiwan to Indonesia route, the cheapest money transfer options are limited.
We would recommend using:
Understanding the costs involved when moving money from Taiwan to Indonesia
When calculating the costs of money transfers between Taiwan and Indonesia, here's what really matters:
The Mid-Market Rate: Today, the TWD-IDR mid-market rate equals to 536.9086. Keep in mind that this rate fluctuates all the time.
The TWD-IDR average exchange rate of the past week has been 535.8024, with a highest of 539.48 and a lowest of 532.8395.
Fees and Markups: When you pick a service with competitive exchange rates and low fees, you get to make the most out of your TWD to IDR transfers. This strategy keeps your costs down, offering a smart way to handle your international transactions.
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 7 days, the average numbers are:
The exchange rate from TWD to IDR averaged 535.8024 IDR.
The highest value recorded was 539.48 IDR, while the lowest was 532.8395 IDR.
2 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!
What payment methods are available when sending money from Taiwan to Indonesia?
Sending bank transfers from Taiwan to Indonesia
Bank transfers are the most common way of sending TWD to Indonesia as they are secure, reliable, and convenient.
If you want to send New Taiwan Dollars to Indonesia via bank transfer, you can use your bank where no provider is available, but it will likely be at a bad exchange rate.
Sending money from Taiwan to Indonesia by credit card
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 New Taiwan Dollars to Indonesia with a credit card.
Note: Beware of chargesCredit 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.
Sending money from Taiwan to Indonesia by payment apps
If you’d like to send money from Taiwan to Indonesia via payment app, follow these steps:
Download the app and register. Download the app from the App Store or Google Play. You’ll need to register to be able to open an account. Make sure the app services transfers from Taiwan to Indonesia.
Enter your details. Enter any of the details required. You may need a valid form of ID.
Start your transfer. Enter the details of your recipient. Some apps will require full payment details, while others allow you to pay with just an email address. You may need to state that you’re planning to send money to Indonesia in Rupiah at this stage.
Check the details. It’s vital that you check the details you’ve added to make sure everything is correct. It can be very difficult to reverse a transfer, and most payment apps don’t let you cancel a transfer from Taiwan to Indonesia after it’s been sent.
Send the money. Your app will probably charge a fee for the transfer. They may also add a markup to the TWD to IDR exchange rate. Check the rate they’re offering against the mid-market rate to make sure you’re getting a good deal.
The current mid-market rate of TWD to IDR is 536.9086
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 and review methodology.
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