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Companies for transfers from Indonesia to Nigeria
"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."
Overall best way: Wise
We tested & reviewed 6 transfer providers, and Wise scored highly.
In the last six months, Wise appeared in 44% of Indonesia to Nigeria searches, and was the top rated company supporting payments Indonesia into Naira.
So for a great mix of cost, speed & features, make your Indonesia to Nigeria transfer using Wise.
How to get the best deal on your Indonesia to Nigeria money transfer
- Always compare rates
Don't pay more than you have to. Use our live comparison tool to get the best exchange rates on sending money from Indonesia to Nigeria.
- Choose a provider
Select the provider that offers you the best value and timeframes for transfers between Indonesia and Nigeria.
- Click, sign up & send
Follow the steps & make your transfer to Nigeria. Your funds will be sent from Indonesia and converted into Naira.
Summary of recent searches
Considerations for money transfers from Indonesia to Nigeria
Comparing providers offering services between Indonesia and Nigeria, based on your specific needs is the best way to send money with confidence.
Our comparison includes 6 companies that provide the ability to send Rupiah to Nigeria.
This ensures you get the best options for transfers to Nigeria from Indonesia, based on the amount you want to send.
Cheapest way to send money to Nigeria from Indonesia: Wise
Data collected through our comparison over the past six months shows that Wise is 0% cheaper than the second-best option.
The cost is made up of an average fee of 331,079.17* IDR and an exchange rate for buying Naira with Rupiah that is -5.38% different to the mid-market rate.
If you want to secure the best rates on a Indonesia to Nigeria transfer, Wise offers value. We would still recommend searching for the amount you want to send to Nigeria.
*The most common fee applied to IDR-NGN by Wise, based on data from the past six months.
Fastest money transfers from Indonesia to Nigeria: Wise.
Through our comparison, we found Wise to be the fastest option to transfer money from Indonesia to Naira in 83.3% of instances.
Over the last six months, sending money from Indonesia to Nigeria through Wise have an average fee of 331,079.17 IDR.
Wise was one of 6 money transfer providers we compared for overall speed of sending money from Indonesia to Nigeria. This speed test included depositing Rupiahs to an account and the average timeframe for sending money to Nigeria.
When fast transfers are a priority, Wise is our best choice for sending from Indonesia to Nigeria.
Sending a large amount of money?
Of the 6 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 Nigeria, it's a great provider for things like buying or selling property.
Understanding the cost of sending money to Nigeria from Indonesia
The cost of sending money from Nigeria to Nigeria, is made-up of a combination of fees and exchange rates:
The Mid-Market and Exchange Rates: The mid-market rate determines a mid-price for buying currency. The current mid-market rate from IDR-NGN is 0.0952 NGN per Rupiah.
Finding a provider offering an exchange as close to 0.0952 as possible will ensure more Naira received when transferring.
For context, the IDR-NGN mid-market rate for the past three months has averaged 0.1029 NGN per Rupiah. This includes a high of 0.1103, and low of 0.09.
Airwallex currently offers the best exchange rate on transfers from Indonesia to Nigeria.
For the most part the IDR-NGN exchange rate you receive is the biggest factor impacting the cost of sending IDR to Nigeria.
Fees: Outside of exchange rates, you may need to pay a fee to send. Wise currently offers the lowest fees on transfers to Nigeria from Indonesia, averaging 331,079.17 IDR over the last 6 months. Although this does include large transfers as well, we recommend searching for your exact send amount for an exact fee.
Amount Received: The amount received in Naira is the amount you started with, minus the amount you paid in the exchange and fees.
The better deal you get on exchanging Rupiahs to NGN, paired with a low fee, means a higher total amount received in Nigeria.
Getting best exchange rate for transfers between Rupiah and Naira
Timing is essential for transferring money between IDR and NGN. The exchange rate you secure impacts how much NGN you get for your IDR.
The recent trends between the currencies are:
Over the past six months, the mid-market rate from IDR to NGN has moved slightly. On average, it was 0.1029.
During this same period,there was a high of 0.1103, and a low of 0.09.
Wise, which is our recommended service to send money online from Indonesia to Nigeria offers an exchange rate that is only -7.91% above the mid-market rate.
Want to secure the best IDR-Naira exchange rates?
Sign up for our rate alerts and we'll tell you when it's the best time to move your money from Indonesia to Nigeria!
Funding your Indonesia to Nigeria money transfer
Bank transfers
Bank transfers are often the best and easier way to send money from Indonesia to Nigeria.
By using a money transfer company such as Wise for transfers from Indonesia to Nigeria, you can send money via a bank transfer and benefit from lower fees and more favorable exchange rates than would be offered by a bank.
On average, Wise is the cheapest way to send money via a bank transfer. This is of the 6 companies we tested when sending IDR to Nigeria.
With an average fee of 331,079.17 IDR to send money from Indonesia to Nigeria, Wise offers a decent combination of competitive exchange rates and lower fees.
Debit and prepaid cards
Sending money from Indonesia to Nigeria with a debit or a prepaid card is easy with .
is a leading money transfer company for debit card payments, and offers transfers from Indonesia to Nigeria.
Credit cards
When it comes to sending money with a credit card from Indonesia to Nigeria, is our top choice of the 6 companies offering this service.
Keep on top of fees: using a credit card to transfer money can result in a fee being charged by your card issuer. Where possible, 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 Nigeria 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 Nigeria.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send IDR to NGN.
For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy document.
Money transfer company reviews
