Question 1

What's the best way to send money from Indonesia to Singapore?

Accepted Answer

Foreign exchange rates fluctuate by the second, much like equities listed on the stock market. Given that, it might seem like a daunting task to determine the best timing to transfer money from Indonesia to Singapore. We ensure that you are getting the best rate and sending money at the right time with trusted money transfer companies when you transfer Indonesian Rupiah to SGD.

You can rely on RemitFinder to do the hard work of searching for the best companies specializing in sending money abroad for you. Our remittance comparison platform helps you spot the best options to send IDR to SGD in Singapore. Every company listed on our site is an established business that our team evaluates to make sure you get access to the best exchange rates.

With RemitFinder, you can also take advantage of numerous offers and discounts that our partners provide to maximize the power of your money transfers to Singapore from Indonesia. We provide you with maximum choices to send money to Singapore by comparing competing money transfer companies thereby making you the winner in the end.

Question 2

How to get the best exchange rate for sending money from Indonesia to Singapore?

Accepted Answer

One of the key factors in getting the best rate for your next money transfer is awareness of what your choices are. With so many remittance service providers out there, you would want to choose the one that suits your needs best for sending money to Singapore.

The RemitFinder comparison platform compares several forex service providers so you can get the maximum return on your Indonesia to Singapore transfer. Simply search for your countries and inspect various options in one place. This will allow you to decide which company is the most appropriate one for you.

You may also want to sign up for our free exchange rate alert for your IDR to Singapore Dollar money transfers. This way, you can get notified of the best rates on a daily basis, and send money when rates are higher.

Question 3

What's the cheapest way to transfer money from Indonesia to Singapore?

Accepted Answer

While there are numerous ways to send money overseas, many come with steep fees and hidden charges that will make a big dent in your hard earned money. For example, if you send money from Indonesia to Singapore via a bank, you will typically get charged high wire transfer fees. Often, both the sender and the recipient have to pay high fees for bank wire transfers.

A sure way to find the most cost effective way for Indonesian Rupiah to Singapore Dollar remittances is to compare various foreign exchange operators out there. But, doing this manually is hard and time consuming. You may miss out on great rates from other providers that you may not even be aware of. This is especially relevant given the explosion of Fintech startups operating in the international money transfer arena.

Use RemitFinder to compare numerous remittance service providers in a single screen to easily see which companies are good at what and meet your selection criteria for getting the best Indonesia to Singapore exchange rate.

Another sure shot way to reduce your cost and maximize the return on your money is to take advantage of deals and discounts our partners provide to RemitFinder users like you. We are constantly adding new providers, so make sure to regularly check in to see which money transfer options are the cheapest for IDR to SGD remittances.

Question 4

Should I use my bank to send money from Indonesia to Singapore?

Accepted Answer

We do not recommend using your local bank in Indonesia for your next IDR to SGD overseas funds transfer. The reason for this is that banks are known to give you worse exchange rates and yet charge high foreign exchange fees. That is a double whammy that will make the transaction much more expensive for you.

That said, there may be circumstances you may want to consider your bank for your international funds transfer. For example, if you need to move a very large sum of money from Indonesia to Singapore (for property purchase, or any such high value transaction), and do not want smaller transactions. In such cases, be sure to carefully inspect all details of the remittance transaction that your bank offers you. You can use the RemitFinder remittance search engine to compare your bank's quote with many other money transfer companies to try to negotiate a better deal with your bank.

Notwithstanding any unique circumstances as above, you will generally save more by relying on online foreign exchange companies for sending SGD to Singapore. These companies will let you use your local bank account in Indonesia to pay for your Singapore money transfer, but will likely save you a lot of money by affording better rates and citing lower foreign exchange transaction fees.

Question 5

What is the fastest way to do a money transfer to Singapore from Indonesia?

Accepted Answer

The speed of your Indonesian Rupiah to Singapore Dollar funds transfer will depend on various factors like which provider you use, how you pay for your transaction, how you choose for your recipient to get the funds, etc. You will, therefore, want to compare various options to see which one suits your needs best.

We created a comprehensive guide on remittances to help you understand all the factors that come into play when you convert IDR to SGD. Establishing a solid understanding of all the criteria that affect your transaction speed will help you compare various money transfer companies to see which one can provide you with the fastest transaction.

One possible approach that will help you send money fast to Singapore from Indonesia is to rely on cash as payment as well as delivery method. This would mean paying for your transfer with cash, most likely by walking into your provider's office or agent location. Similarly, your recipient could also pick up cash in Singapore if they have a pickup location nearby. Dealing with cash on both sides will eliminate bank transfers in the middle which generally take longer as money has to move between banks.

One drawback of cash transfers is the need to go to physical drop off and pickup locations, and the inherent risk involved in carrying cash, especially for larger amounts. Another one is that cash transfers generally involve lower exchange rates as compared to online transfers. If you do not want to handle cash for the aforementioned reasons, the next fastest transfers would be to payout SGD into a mobile wallet, or even do a mobile airtime popup. These methods would be faster than Indonesia bank to Singapore bank transfer.

Question 6

Which are the best money transfer companies to send money to Singapore from Indonesia?

Accepted Answer

Indonesia to Singapore money transfer space is highly competitive, and there are numerous remittance service providers competing for your business. Given that, how do you ensure you are choosing the best company when you send money overseas?

To be able to make an informed decision, the first thing you would want to do is to be aware of your selection criteria. For example, do you need the money to reach Singapore as fast as possible? Are you sending a small or large amount? Do you prefer fixed exchange rates or are comfortable with indicative rates? And so on. Honing your preferences will help you decide which remittance company to go with.

Once you have defined your parameters, selecting the best Indonesian Rupiah to Singapore Dollar money transfers is easy. Simply punch in your country combination on RemitFinder, and compare numerous companies quickly to be able to select the ones that match your preferences.

Question 7

Step by step guide to do a money transfer from Indonesia to Singapore

Accepted Answer

With so many possible ways to transfer Indonesian Rupiah to Singapore Dollar, and exchange rates that are changing by the second, it can be difficult to make the best choice to save time and money. RemitFinder's online remittance comparison platform helps you find the best companies to move your funds abroad.

Once you have picked the right company for your Indonesia to Singapore remittance transaction, you can follow the below step by step procedure.

Create an account at your chosen operator.
You may be asked for photo IDs and address proofs; please provide these as they help the operator ensure legal and regulatory compliance.
Add bank accounts for both the sender in Indonesia and the receiver in Singapore. Using bank deposits can be the cheapest option to send money.
Decide when you want to send money and the transfer amount. When ready, choose the amount and start your transaction.
At this point, you are pretty much done, and the operator will take it on from here.
Watch out for updates from the operator on the progress of your transaction.

We also recommend that you have more than one remittance company in your portfolio so you can maximize the return on your IDR to Singapore Dollar money transfers. This way, you can pick whoever is the best at the time you are ready to initiate your transaction.

1 IDR	4.62 SGD
5 IDR	23.08 SGD
10 IDR	46.17 SGD
25 IDR	115.42 SGD
50 IDR	230.83 SGD
100 IDR	461.66 SGD
150 IDR	692.49 SGD
200 IDR	923.32 SGD
250 IDR	1,154.15 SGD
300 IDR	1,384.98 SGD
400 IDR	1,846.64 SGD
500 IDR	2,308.30 SGD
600 IDR	2,769.96 SGD
700 IDR	3,231.62 SGD
800 IDR	3,693.28 SGD
1000 IDR	4,616.60 SGD
1500 IDR	6,924.90 SGD
2000 IDR	9,233.20 SGD
2500 IDR	11,541.50 SGD
3000 IDR	13,849.80 SGD
4000 IDR	18,466.40 SGD
5000 IDR	23,083.00 SGD
10000 IDR	46,166.00 SGD
15000 IDR	69,249.00 SGD
20000 IDR	92,332.00 SGD
30000 IDR	138,498.00 SGD
40000 IDR	184,664.00 SGD
50000 IDR	230,830.00 SGD
100000 IDR	461,660.00 SGD

Compare today's IDR to SGD (Indonesian Rupiah to Singapore Dollar) exchange rates

📈 Indonesia to Singapore Money Transfer Snapshot Today

💡What today's IDR-SGD exchange rates mean for you

Latest IDR to SGD Conversion Rates