Question 1

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

Accepted Answer

There are many good choices when it comes to sending money from Portugal to Indonesia. 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 Euro to IDR money transfers.

We compare different remittance companies to bring you the best options to send money to Indonesia from Portugal. 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 Euro to Indonesian Rupiah money transfers. You can take advantage of these deals and make the most of your hard earned money.

Question 2

How to get the best remit rate for transferring money from Portugal to Indonesia?

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 Portugal 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 send money from Portugal to Indonesia?

Accepted Answer

One of the most important things to watch out for is hidden fees when sending money to Indonesia from Portugal. 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 Indonesia using your bank, you are most likely paying high fees. You may also not be getting the best exchange rate on your Indonesian Rupiah foreign exchange transaction.

RemitFinder partners with many money transfer companies that provide you with cheap options to ensure you get the best EUR to Indonesia 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 Indonesia from Portugal.

Question 4

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

Accepted Answer

There are two distinct ways that banks make money on international funds transfers. First, by charging steep transaction fees, and second, by providing a low EUR to IDR exchange rate. Sometimes, the actual transaction fee may not be that high, but the rate may be much lower, which essentially means a hidden fee as the cost of the transfer for you still goes up.

Since your obvious goal is to make the most of your hard earned money, you would want to ensure that the receiver of your money gets the maximum amount. One simple way to achieve this is by minimizing the fees on Portugal to Indonesia money you send. And, generally, you will not get low fees with banks. Hence, we recommend relying on our real time online money transfer comparison tool to ensure you can compare many options.

Most of the remittance companies today offer bank to bank transfers for sending money to Indonesia from Portugal. They do this by letting you fund your transaction through your local bank account in Portugal, and by allowing you to choose the payout to be your recipient's bank account in Indonesia. But, you are likely to get much better rates and lower fees compared to your bank.

Question 5

How to send money to Indonesia from Portugal fast?

Accepted Answer

The speed of your Euro to Indonesian Rupiah 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 EUR to IDR. 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 Indonesia from Portugal 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 Indonesia 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 IDR into a mobile wallet, or even do a mobile airtime popup. These methods would be faster than Portugal bank to Indonesia bank transfer.

Question 6

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

Accepted Answer

The first step in selecting the best money transfer operators for Portugal to Indonesia 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 Euro to Indonesian Rupiah 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 Indonesia.

Question 7

Step by step guide to transfer money to Indonesia from Portugal

Accepted Answer

With so many possible ways to transfer Euro to Indonesian Rupiah, 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 Portugal to Indonesia 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 Portugal and the receiver in Indonesia. 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 EUR to Indonesian Rupiah money transfers. This way, you can pick whoever is the best at the time you are ready to initiate your transaction.

1 EUR	19,634.26 IDR
5 EUR	98,171.28 IDR
10 EUR	196,342.57 IDR
25 EUR	490,856.42 IDR
50 EUR	981,712.83 IDR
100 EUR	1,963,425.66 IDR
150 EUR	2,945,138.49 IDR
200 EUR	3,926,851.32 IDR
250 EUR	4,908,564.15 IDR
300 EUR	5,890,276.98 IDR
400 EUR	7,853,702.64 IDR
500 EUR	9,817,128.30 IDR
600 EUR	11,780,553.96 IDR
700 EUR	13,743,979.62 IDR
800 EUR	15,707,405.28 IDR
1000 EUR	19,634,256.60 IDR
1500 EUR	29,451,384.90 IDR
2000 EUR	39,268,513.20 IDR
2500 EUR	49,085,641.50 IDR
3000 EUR	58,902,769.80 IDR
4000 EUR	78,537,026.40 IDR
5000 EUR	98,171,283.00 IDR
10000 EUR	196,342,566.00 IDR
15000 EUR	294,513,849.00 IDR
20000 EUR	392,685,132.00 IDR
30000 EUR	589,027,698.00 IDR
40000 EUR	785,370,264.00 IDR
50000 EUR	981,712,830.00 IDR
100000 EUR	1,963,425,660.00 IDR

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