Best Ways to Send Money from Singapore to Indonesia (2025 Update)

Best Services To Transfer Money From Singapore To Indonesia

🪙 Cheapest to a bank account	Remitly
💳 Best with credit card payment	Remitly and InstaReM
💶 Easiest cash pickup	Remitly

With the various SGD to IDR conversion-rate offerings and available cash-transfer options, one can make costly mistakes when trying to transfer money from Singapore to Indonesia. Follow the steps below for quick funds transfer and effectively avoid possible bottlenecks.

How to Send Money

1. Select a suitable money-transfer platform from our list to see their exchange rates, service charges and other relevant details.
2. Register with your chosen financial service provider. You'll require a means of identity verification (driver's permit or passport and address verification should serve).
3. Select how you wish to pay for the transaction — bank account, e transfer online, debit/credit cards.
4. Select a convenient beneficiary's means of getting the cash — direct to a bank account, on their mobile wallet or cash collection at a specified location.
5. Enter other information relevant to the transaction.
6. Proceed with the transaction. Once you're done, you'll get an email/SMS confirming your transaction and showing the transaction tracking I.D. which the recipient will have to show in order to collect the cash.

Choosing a Provider to Send Funds from Singapore to Indonesia

What do you look for in a money-transfer service company? Superb Rate? Great Speed? Multiple transfer options? The company you choose to use should be determined by the following:

• Conversion rates margin: Financial institutions giving the least margin added to the normal conversion rate are usually preferred.
• Service fees & Charges: Pick a provider offering the lowest service fee either as a percentage of your total transfer sum and/or a flat fee per transaction. Be mindful of services that claim to offer “free-of-charge transfers” as they probably aren't actually ‘free’ due to hidden charges. Also, you may incur additional charges when using credit/debit cards.
• Bank partners: Confirm that your beneficiary's bank is among Indonesian banks that your chosen cash transfer company partners with.
• Payment options: You can simply effect a payment straight from your bank account, using a credit/debit card, or via online transfer.
• Speed: The quickest cash transfer option may cost you more.
• Transfer limits: Confirm that your choice transfer company has least/max transfer limits matching your needs.
• Receiver's withdrawal option: In addition to direct cash transfers to an Indonesian account number, some providers offer different alternatives like mobile wallets or have the cash delivered to him at a specific location.

The Cheapest Way to Send Cash

Online fund-transfer options are often preferred because they quite easy and fast. Be that as it may, the following factors still contribute to the amount you'll eventually pay to transfer money from Singapore.

• SGD to IDR conversion rate margin.
• Fees & hidden service charges.
• How bulky your transaction is.
• Your preferred means of making payment.
• Discounts & additional perks.
• The receiver’s withdrawal option.
• Your choice of service provider.

Why you should Use a Cash Transfer Company From Our Site

• Use our comparison engine to identify the best platform to wire cash from one country to another.
• Compare conversion rates, service charges.
• Discover organizations offering the least additional margin and get the best deals out there.
• Find exactly what you'll be charged for utilizing a funds-transfer service to avoid the traps of hidden charges.
• Find cheaper ways to send money from Singapore to Indonesia using companies that are currently running a promo or offering discounts and other attractions.