Compare money transfers from Malaysia to Indonesia

Best Services to Transfer Money from Malaysia to Indonesia

🪙 Cheapest to a bank account	InstaReM
💳 Best with credit card payment	WorldRemit

When you have to transfer your money to another country, you have to choose a money transfer service provider from many different options. In recent years, traditional methods of sending money have become almost obsolete, giving place to e transfer. The goal of this post is to help you learn about money transfer services so that you can find the best way to transfer money from Malaysia to Indonesia.

How to send money to a foreign country

When it comes to transferring your money to a foreign country, you can do it basically in several ways. You can either transfer the money in person or make a bank transfer use an alternative method of sending money. If you are going to make a bank transfer online, here is what the procedure will look like:

• Go to the bank’s website and find the section of wire transfer.
• How much money would you like to transfer? Check that limit.
• Enter the bank account details of your recipient.
• Select the currency of your recipient.
• Pay the fee for the service.
• Get an estimate of how long the process will take.

This is, however, not the cheapest way to send money from Malaysia to Indonesia. There are some alternative options that can save your time and money.

Which service to use

We have already mentioned that there are many companies, and some of them are really good. Any of them can be the easiest way for you. Here are some notable options:

• InstaReM
• TransferWise
• Skrill
• PayPal

But which one should you use? It depends on several factors. How much money is it? What is the currency of your recipient? How fast would you like the money to reach your recipient? On our site, we have a comparison tool that uses artificial intelligence to choose the best option for you. It analyses data and makes the decision for you. The best thing about this tool is that it does the much-needed research for you. So, you can spend time doing something else. The tool is designed to help busy people save their valuable time.

How much does it cost?

When you transfer money, the company charges you a fee. That is the income of the company. But how much do you have to pay from your credit card? Again, it depends on several factors such as the amount of money being transferred, the recipient’s currency, and the urgency of the transfer.

When you use a service provider, you have to pay a fee. There are even companies that do not charge any fee. In most cases, the recipient does not have to pay a fee. However, before you choose a money transfer service, we highly encourage you to check the exchange rate. The reason is simple: all companies do not offer the same exchange rate.

Our advantages

Choosing an online money transferring service is not as easy as it sounds. First, there are many options to choose from. Another reason is that you can not trust any company with your money. Before you wire money from Malaysia to Indonesia, you have to find a company you can trust. Without conducting a thorough research, you can not find which company offers the best exchange rate.

Our goal is to save your time and money by conducting the research. Our comparison tool analyses relevant data and lets you know which service is the best option for you. People from all over the world have used our site, and they think highly of our comparison tool. We hope you will use this tool and choose a company that meets your requirements.