Send Money from Singapore to Indonesia

There is no single cheapest provider on this corridor — it depends on how much you send and how your recipient is paid. Compare the total amount received in Indonesian rupiahs rather than the advertised fee, since the exchange rate margin is usually the larger cost. Bank deposit is typically cheaper than cash pickup.

Most transfers on this corridor arrive within one to three business days. Paying by debit card is generally faster than a bank transfer, and transfers initiated outside banking hours may not begin processing until the next working day.

Across the providers we compare, the available payout methods are GoPay, bank deposit, card payout and cash pickup. The most widely used options in Indonesia are bank deposit and mobile wallets such as OVO and DANA. Indonesian bank transfers usually clear same day; wallet delivery is typically instant. Not every provider supports every method, so check the table above before you commit.

No. Remitly and Western Union offer cash pickup in Indonesia, so your recipient can collect the funds with valid photo ID and the transfer reference number. That said, bank deposit and mobile wallets such as OVO and DANA generally cost less than cash collection.

Providers rarely give you the mid-market rate — the reference rate you see on Google or Reuters. Instead they add a margin, typically between 0.4% and 4%, and keep the difference. That margin is often larger than the visible transfer fee, which is why a "no fee" service can still be more expensive overall. For SGD to IDR, compare the quoted rate against the mid-market rate to see the real spread you are paying.

Yes, provided you use a licensed provider. Every service listed on this page is regulated in Singapore under the Monetary Authority of Singapore, which requires safeguarding of customer funds and identity verification. Send only to people you know personally, keep your transfer reference private, and be sceptical of anyone pressuring you to send money urgently to someone you have not met.

Yes. Each provider sets its own transfer limits, which vary by how much identity verification you have completed and how you pay. Larger transfers may require additional documentation such as proof of source of funds. For transfers above roughly S$10,000, a specialist foreign-exchange broker will often beat an app on rate.

Remitly's promotional rate covers only the first 500 SGD on this corridor, against 750 SGD to Malaysia and the Philippines and 1,000 SGD to India from the same sender. The headline offer reads the same on all four pages; the cap does not. If you are sending more than 500 SGD, most of it converts at the ordinary rate. Indonesia is one of the destinations where the rupiah figure is large enough to obscure the comparison — a few hundred thousand rupiah of difference is easy to overlook next to a seven-figure total. Convert the quoted payout back to Singapore dollars before deciding, or compare the rate rather than the total. All four services here take PayNow as a pay-in method, and on Western Union it is one of the two payment methods that unlock the no-fee first transfer. From a Singapore bank account it is the cheapest way into any of them. Wise's figures on this corridor held identical across two independent reads, including the debit card row, so all three are published. On two other corridors in this hub the card row did not hold and is withheld there.