Companies for transfers from Indonesia to Mongolia
"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."
"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."
Best recommended: Wise
Of the 1 money transfer providers tested and reviewed, Wise scored highly for its competitive rates and fees.
Wise appeared in 100% of Indonesia to Mongolia searches, and was the top rated company supporting IDR to MNT transfers.
Make your Indonesia to Mongolia transfer using Wise for the best mix of cost and speed.

How to get the best deal on your Indonesia to Mongolia money transfer
Considerations for money transfers from Indonesia to Mongolia
Comparing providers offering services between Indonesia and Mongolia, based on your specific needs is the best way to send money with confidence.
Our comparison includes 1 companies that provide the ability to send Rupiah to Mongolia.
This ensures you get the best options for transfers to Mongolia from Indonesia, based on the amount you want to send.
Cheapest way to transfer money to Mongolia from Indonesia: Wise
Data collected over the past six months shows that Wise is 0% cheaper than the second-best option.
Wise offers this through a combination of an average 1,318,187* IDR fee per transfer and exchange rate between IDR-MNT that is 0.45% different to the mid-market rate
If you want the cheapest way to send Rupiah to Mongolia, Wise is our recommended choice.
*The most common fee applied to IDR-MNT by Wise, based on data from the past six months.

Fastest way to transfer money to Mongolia from Indonesia: Wise.
Through our data, we found Wise to be the fastest option for sending money from Indonesia into Tugrik in 100% of occasions. For fast IDR to MNT money transfers, Wise comes highly recommended.
Indonesia to Mongolia transfers with Wise have an average fee of 1,318,187 IDR.
To test that Wise was the 'fastest' option we compared 1 providers. With this, we compared overall speed of sending money from Indonesia to Mongolia made up of depositing Rupiahs, to a money transfer account and transfer times to Mongolia.
When sending at speed is a priority, Wise is our recommended choice for sending into Mongolia from Indonesia.

Sending a large amount of money?
Of the 1 providers compared, Wise is the best rated for higher transfer amounts.
Sending large amounts of money can be expensive, and while Wise may not always be the fastest or cheapest way to send money from Indonesia to Mongolia, it's a great provider for things like buying or selling property.

Understanding the costs involved when moving money from Indonesia to Mongolia
The total cost of money transfers to Mongolia from Indonesia, is a combination of exchange rates and fees. Sending with a company that can offer a good competitive rate and low (or no) fees is the best way to get a good deal.
The Mid-Market and Exchange Rates: The current mid-market for IDR-MNT is 0.2124 MNT per Rupiah.
Using a transfer company offering an exchange rate closer to this will result in being able to buy more Tugrik for your Rupiahs.
On average for the last three months, the IDR-MNT mid-market rate has been 0.2098 MNT per Rupiah. This hit a high of 0.2098, and a low of 0.2098.
From the 1 companies compared, Wise offers the best exchange rates.
The biggest factor in the overall cost of sending money is the exchange rate you receive on converting IDR to MNT.
Fees: Some money transfers between Indonesia and Mongolia will be subject to fees. Wise has had an average fee of 1,318,187 IDR per transfer over the last 6 months. Although, you should search for your send amount for actual fees as your scenario may be different.
Amount Received: Money transfer companies will show you the amount of Tugrik eventually received in Mongolia.
This number should guide you, as a higher amount of money received in Mongolia means a better overall cost of sending money from Indonesia.
Tracking the exchange rate for Rupiah to Tugrik
Getting a better exchange rate between IDR and MNT can make a huge difference to the overall cost of sending money.
Over the last six months, between Indonesia and Mongolia, the average numbers are:
IDR to MNT saw an average 0.2098 MNT mid-market rate.
The highest point was 0.2098 MNT, while the lowest was 0.2098 MNT.
1 providers are currently offering transfers between Indonesia and Mongolia.
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Funding your Indonesia to Mongolia money transfer
How we analyze the market
We track the cost, speed, and product offerings of the leading money transfer services available between Mongolia and Indonesia.
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 Indonesia to Mongolia.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send IDR to MNT.
For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy document.
