Send money overseas with Bancoli to take advantage of bank-beating exchange rates

Compare today's IDR to TWD (Indonesian Rupiah to New Taiwan Dollar) exchange rates

Indonesia
Taiwan
IDR

Interbank Exchange Rate: 1 IDR = 0.0019 TWD
Updated about an hour ago

Found 0 Remittance Service Providers

All you need to know about Indonesian Rupiah to New Taiwan Dollar money transfers

Easily compare money transfer providers in one place to send money from Indonesia to Taiwan. Send money overseas to your loved ones by comparing Indonesian Rupiah (IDR) to New Taiwan Dollar (TWD) remittance exchange rates. Read remittance service provider reviews and check out deals, promotions and discounts. Transfer online or send cash based on services offered by these providers.

Looking for a different option? You can browse all sending countries on our send money from hub, or view all destinations available when sending money from Indonesia.

Were you looking to send money from Taiwan to Indonesia instead?

If you need to send international business money transfers and payments, get in touch with us to see how we can help protect your revenue.

Did not find the providers you were looking for? Please reach out to us at info@remitfinder.com, and we will do our best to add them to our platform.


Latest IDR to TWD Conversion Rates

Here are some latest IDR to TWD (Indonesian Rupiah to New Taiwan Dollar) exchange rates for popular conversion amounts*.

1 IDR0.00 TWD
5 IDR0.01 TWD
10 IDR0.02 TWD
25 IDR0.05 TWD
50 IDR0.10 TWD
100 IDR0.19 TWD
150 IDR0.29 TWD
200 IDR0.38 TWD
250 IDR0.48 TWD
300 IDR0.57 TWD
400 IDR0.76 TWD
500 IDR0.95 TWD
600 IDR1.14 TWD
700 IDR1.33 TWD
800 IDR1.52 TWD
1,000 IDR1.90 TWD
1,500 IDR2.85 TWD
2,000 IDR3.80 TWD
2,500 IDR4.75 TWD
3,000 IDR5.70 TWD
4,000 IDR7.60 TWD
5,000 IDR9.50 TWD
10,000 IDR19.00 TWD
15,000 IDR28.50 TWD
20,000 IDR38.00 TWD
30,000 IDR57.00 TWD
40,000 IDR76.00 TWD
50,000 IDR95.00 TWD
100,000 IDR190.00 TWD

*Based on the Interbank Exchange Rate. Actual payout may vary based on the chosen money transfer provider.


What's the best way to transfer money from Indonesia to Taiwan?

There are many good choices when it comes to sending money from Indonesia to Taiwan. The RemitFinder remittance comparison engine compares many different remittance service providers to give you several options. You can easily compare these providers to get the best remit rates on your Indonesian Rupiah to TWD money transfers.

We compare different remittance companies to bring you the best options to send money to Taiwan from Indonesia. All these companies are vetted by our team that has expertise in evaluating foreign exchange providers. Our trusted partners work hard to bring our customers the best rates so you benefit the most.

Additionally, we bring you access to exclusive deals and promotions from our partners. These offers will help you maximize the yield on your Indonesian Rupiah to New Taiwan Dollar money transfers. You can take advantage of these deals and make the most of your hard earned money.


How to get the best rate to transfer money to Taiwan from Indonesia?

Just like the cryptocurrency market, the foreign exchange market is constantly fluctuating. On top of that, there are so many new service providers on the global remittance landscape. This may make it hard for remitters to find the best ways to send money to Taiwan from Indonesia.

At RemitFinder, we have tried to solve this exact problem - how to give you access to good choices for your IDR to New Taiwan Dollar remittances. We do all the hard work to search and compare numerous multi currency banks, foreign exchange services, remittance service providers, etc., to ensure you can use the best possible vehicles to send money overseas.

You can also register for our daily rate alert to stay aware of the latest exchange rates for IDR to TWD remittances. Our rate alert is totally free, and is a great way to save your previous time and make the most of your hard earned money. We do the hard work so you do not have to manually search and compare money transfer companies.


What's the cheapest way to send money from Indonesia to Taiwan?

One of the most important things to watch out for is hidden fees when sending money to Taiwan from Indonesia. Most of the time, you will get ripped off if you have no choice, or very few choices. For instance, if you send money to Taiwan using your bank, you are most likely paying high fees. You may also not be getting the best exchange rate on your New Taiwan Dollar foreign exchange transaction.

RemitFinder partners with many money transfer companies that provide you with cheap options to ensure you get the best IDR to Taiwan exchange rate. The more choices you have, the better yield you get. This is because you can get creative with exchange rates and fees to determine the cheapest option for you. For instance, one company may be giving a very high rate but charging a steep fee as well, while another provider may have a slightly lower rate, but 0 fee. All of this also depends on how much amount you send. It is very much possible that as the transaction amount varies, one money transfer operator gives a better return than the other, and vice versa.

Our partners also provide our customers with many offers and promotions. These could be seasonal (around key holidays and festivals) or ongoing. Making use of these deals will further reduce your cost, and help ensure you use the cheapest way to send money to Taiwan from Indonesia.


How to send money to Taiwan from Indonesia through a bank?

Bank transfers have been a traditionally popular way to send money overseas from Indonesia to Taiwan. But, with the explosion of so many Fintech startups specializing in remittances, it is worth asking yourself if you should still be using your bank for sending funds internationally.

In general, banks tend to charge much higher fees compared to newer remittance companies that specialize in online operations. It is also possible that the IDR to TWD exchange rate you get from your bank may not be the best. In fact, high fees and below par exchange rates are two of the most popular ways banks make money on remittances.

We, therefore, recommend that before you use your Indonesia bank for your Taiwan money transfers, you explore various other options to carefully review your total cost (represented by transaction fees) as well as the exchange rate you will get. Combined, these two factors will have a direct impact on how much money your recipient gets from your transaction.


How to send money from Indonesia to Taiwan fast?

It could be a stressful experience if you need to rush money quickly from Indonesia to Taiwan. How do you decide which option to pick to ensure your funds arrive at the destination in the fastest possible way?

First, you should ensure that you are picking the right payment method to convert IDR to TWD. Most remittance companies will allow you to pay by cash, with credit or debit cards, via a direct bank transfer, through a wire transfer, and so on. Digital payment methods like wire transfers and bank transfers will certainly delay your transaction as compared to cash payments.

Similarly, on the receiving side, your recipient also has multiple options to collect their monies in New Taiwan Dollar. The payout choices generally include cash pickup, direct bank transfer, loading up a mobile wallet, and mobile airtime top up. If transaction speed is important, you could choose cash pickup if the receiver can access a close by pickup location. Just be aware that the exchange rate on cash transactions may not be the best, and there is risk in handling cash, especially for larger amounts. Otherwise, a mobile airtime top up or a bank deposit may be the next fastest possible ways unless there are bank holidays going on.

Foreign exchange transaction speed also depends on some additional factors like transfer amount, compliance and regulatory processes and vary from provider to provider. Check out our remittance guide to answer any questions you may have on how remittances work in general, and what factors affect the speed of your Indonesia to Taiwan money transfers.


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

The first step in selecting the best money transfer operators for Indonesia to Taiwan remittances is to have a list of potential companies that you could use. You can rely on RemitFinder for giving you several good options to start with. Simply give us your sending and receiving countries, and we will present numerous providers for you to easily compare.

The next part in deciding which provider to go with would depend on what you are looking for. There are many parameters on which these companies can be compared against each other, and it all depends on your preferences. For example, are you looking for low or 0 fees, the highest rate, quick transfer speed, etc.

Another factor that may help you decide which provider to go with would be any coupons and deals available for Indonesian Rupiah to New Taiwan Dollar money transfers. Availing promotions is a sure shot way to help reduce your cost, and should be part of the criteria to decide which are your top candidates for sending money to Taiwan.


Step by step guide to send money from Indonesia to Taiwan

Follow the below easy steps to send money to Taiwan from Indonesia.

  • If you are sending money for the first time with a provider, register an account with them. You will likely get a validation email, and optionally a validation text on your mobile as well. This ensures that it is indeed you who is creating your account.
  • You will also need to provide your national ID with a photo, and proof of address. Providing this information ensures the security of your account and helps in fraud prevention.
  • Add your payment method - this is how you pay for your transfer. Generally, you would want to use your Indonesia bank account to fund your transaction.
  • Add your recipient - provide details about who will receive the funds (can also be your own account in Taiwan).
  • Specify delivery method - specify how the recipient will get the proceeds. Choosing a bank account is usually the best, if one is available.
  • Add the transfer amount and start the transaction.

The provider will then work on your IDR to TWD remittance, and you should not have any additional action to take. Keep an eye on your email inbox as you should get notified about the progress of your transaction.

Whilst it's fairly straightforward to make an actual foreign exchange transaction online, the harder part may be choosing the right company for your overseas bank transfer. This is where you can rely on RemitFinder's expertise in the money transfer space to help you select the best remittance provider.