Question 1

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

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 Italy to Indonesia. We ensure that you are getting the best rate and sending money at the right time with trusted money transfer companies when you transfer Euro to IDR.

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 EUR to IDR in Indonesia. 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 Indonesia from Italy. We provide you with maximum choices to send money to Indonesia by comparing competing money transfer companies thereby making you the winner in the end.

Question 2

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

Accepted Answer

When sending money overseas, there are a lot of options at your disposal these days. All of them come with various caveats that may include exchange rates, fees, transaction processing time, security and privacy, and so on. RemitFinder helps you to decide which foreign exchange operator to pick for your EUR to Indonesian Rupiah money transfer.

Our real time remittance comparison engine compares numerous banks, FX providers, remittance companies, multi currency bank accounts, etc. and presents you with the best options for sending money from Italy to Indonesia. We carefully select providers to give you the best choices for sending money internationally.

Additionally, you can sign up for the free rate alert to always stay updated with the best rates and promotions for EUR to IDR remittances. With our daily free rate alert, you will never have to manually search and compare providers again.

Question 3

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

Accepted Answer

The final amount your recipient gets when you send EUR to IDR is the most important number that matters. In other words, you should try to minimize the impact of fees and other hidden charges (bad exchange rate is one of them) to achieve the most cost effective cross border remittance.

Before the dawn of the modern internet era, traditional methods to send money from Italy to Indonesia used to be banks, and small, local remittance players located in retail outlets and convenience stores. Unfortunately, all these options entail high fees and often provide low exchange rates - this results in an expensive money transfer whereby a big chunk of your hard earned money does not reach your recipient.

A great way to find the cheapest options to send Indonesian Rupiah is by comparing numerous foreign exchange operators and service providers on RemitFinder. By eliminating the process of manually searching and comparing various companies, you can easily compare all your options in one place, thereby saving time and money. This way, you can get the best Euro to Indonesia exchange rate. Further savings can be realized by utilizing many exclusive offers and promotions from our partners. These deals can help lower the cost of a money transfer even more, thereby giving you a higher return.

Question 4

Should I use my bank to transfer money from Italy to Indonesia?

Accepted Answer

Bank transfers have been a traditionally popular way to send money overseas from Italy to Indonesia. 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 EUR to IDR 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 Italy bank for your Indonesia 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.

Question 5

How to send money to Indonesia from Italy fast?

Accepted Answer

How fast your money arrives at its destination is one of the key factors to consider when sending funds internationally from Italy to Indonesia. This is especially relevant if you are up against time and need to send money urgently. Every once in a while, we all get into that situation, so it's good to be aware of what to do.

To help you convert EUR to IDR fast, we recommend reading up on our "all you need to know about remittances" guide. This is a comprehensive document that will help you understand so many factors that affect the speed of your money transfers, and therefore, pick the providers that can execute your transaction fastest.

If speed were the only factor to consider, and sometimes it is for emergency needs, cash transfers may be your best bet as there are no bank to bank transactions involved which will certainly introduce a lag in your Euro amount reaching Indonesia. On the flip side, carrying cash is risky. Additionally, cash transactions go with a lower exchange rate; this helps providers cover the expenses needed to maintain physical office locations needed to process cash.

Hopefully, you do not find yourself in a crisis where you have to rush Indonesian Rupiah quickly to Indonesia, but in case you do, now you know how to evaluate various funds transfer operators to choose the fastest one.

Question 6

Which are the best money transfer companies to transfer money to Indonesia from Italy?

Accepted Answer

Since the Euro to Indonesian Rupiah money transfer ecosystem has so many players in it, selecting the right company might not be that simple. You have so many to choose from - established organizations like Western Union and MoneyGram to multi currency bank accounts to up and coming Fintech companies. Then, there is always your local bank in Italy that may also be able to send money to Indonesia. With all these possibilities staring at you, it can be difficult to pick the company to give your business to.

The RemitFinder remittance engine will certainly help you to chart a path forward. Once you have selected your source and destination countries, we compare numerous companies to present you with an easy to digest comparison table. Here, you can easily see which companies meet your unique needs.

To further decrease the cost of your EUR to IDR money transfers, we also source exclusive coupons and promotions from various remittance providers. This will increase the final amount your recipient in Indonesia gets, so make sure to factor in deals as a part of your decision making process to select the best provider for your next Italy to Indonesia transaction.

Question 7

Step by step guide to send money to Indonesia from Italy

Accepted Answer

There are many important aspects of Italy to Indonesia remittances that will impact the yield you get. The most important one is the selection of the best money transfer company. For this, you can rely on RemitFinder's expertise in searching and comparing many global companies to present you many options in one simple, easy to understand view.

Once you have honed down on the company you want to go with, the below step by step tutorial will help you execute your transfer in an effective manner.

Step 1 - Create your account with the chosen remittance company. Please be aware that you will likely be asked for identification documents and personal information. This is an important step for the company to ensure that you are a genuine person and ensure you comply with various legal regulations like anti money laundering.
Step 2 - Provision the manner in which you will fund your remittance transaction. The forex company may accept payment in multiple ways - Italy bank account, credit and debit cards, and sometimes even cash that you can pay with by walking into a branch or outlet.
Step 3 - Similar to the previous step, also provision the manner in which the receiver will access the funds. The most common delivery methods include IDR bank deposit, cash pick up in a physical provider location or agent's office, mobile wallet credit and mobile airtime popup.
Step 4 - Provision recipient details including name and address.
Step 5 - Decide how much Euro amount you want to send from Italy.
Step 6 - Optionally, check if there are any deals or promotions going on. You can rely on RemitFinder to provide you this information. Discounts help you save even more, so be sure to use one if available.
Step 7 - Validate all the information for accuracy and start your transaction.

From this point on, the remittance company will keep you posted on the progress of your transaction. Be sure to check with your recipient in Indonesia to validate that they get the money once the transaction clears.

1 EUR	19,574.14 IDR
5 EUR	97,870.71 IDR
10 EUR	195,741.42 IDR
25 EUR	489,353.55 IDR
50 EUR	978,707.10 IDR
100 EUR	1,957,414.20 IDR
150 EUR	2,936,121.30 IDR
200 EUR	3,914,828.40 IDR
250 EUR	4,893,535.50 IDR
300 EUR	5,872,242.60 IDR
400 EUR	7,829,656.80 IDR
500 EUR	9,787,071.00 IDR
600 EUR	11,744,485.20 IDR
700 EUR	13,701,899.40 IDR
800 EUR	15,659,313.60 IDR
1000 EUR	19,574,142.00 IDR
1500 EUR	29,361,213.00 IDR
2000 EUR	39,148,284.00 IDR
2500 EUR	48,935,355.00 IDR
3000 EUR	58,722,426.00 IDR
4000 EUR	78,296,568.00 IDR
5000 EUR	97,870,710.00 IDR
10000 EUR	195,741,420.00 IDR
15000 EUR	293,612,130.00 IDR
20000 EUR	391,482,840.00 IDR
30000 EUR	587,224,260.00 IDR
40000 EUR	782,965,680.00 IDR
50000 EUR	978,707,100.00 IDR
100000 EUR	1,957,414,200.00 IDR

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