Transfer Money to Indonesia From Australia
Fast, low-cost, and secure online money transfers from Australia to Indonesia
ASIC regulatedAustralian owned
ASIC regulatedAustralian owned
Transfer Money to Indonesia with OFX
Send money to Indonesia easily with OFX. Whether it's your friend or family member, the platform is secure, quick, and has great exchange rates for them to easily receive money. Enjoy the convenience of sending money from Australia to your destination country easily.
When it comes to Indonesia money transfers, it's essential to find a provider that is dependable, swift, and keeps your funds secure. Unlike traditional banks, OFX helps you send money to Indonesia in simple steps, with competitive rates and transparent fees that help you maximise the value of your Australian dollars. It's as easy as a click of a button!
How it works
Set up an account with OFX
Get a quote to send money to Indonesia
Confirm your details & pay for your transfer online
How to Send Money with OFX
- Gather Recipient Details: Collect all necessary banking information from your recipient, including their full name as it appears on their account and the correct bank account details. Ensuring these are accurate will help your transfer arrive smoothly and on time.
- Set Up Your OFX Account: Create a free online OFX account, or log in if you already have one. Once logged in, you can get a live quote for your transfer and see exactly how much your recipient will receive.
- Enter Transfer Details: Fill in your own details along with your recipient’s information, including the amount you wish to send and the currency conversion. OFX will show the transfer fees and exchange rate upfront, so you know the total cost before confirming.
- Send Your Money: Once everything is verified, send your funds to OFX. They will then securely transfer the money to your recipient in Canada, typically within 1–2 business days, depending on the recipient’s bank.
- Log In to Your Account: Access your OFX account by logging in. If you don't have an account, you can create one for free.
- Select 'Send Money': Navigate to the 'Send Money' section on the dashboard to begin a new transfer.
- Choose Currencies: Select the currency you're sending from (e.g., USD, GBP) and the currency you're converting to (CAD).
- Enter Amount: Input the amount you wish to send. OFX will display the exchange rate and the recipient's amount after conversion.
Recipient's Details:
- Recipient's Name: Ensure the recipient's name matches the name on their bank account to avoid delays.
- IBAN and BIC/SWIFT Code: For transfers to Indonesia, you'll need the recipient's Bank Identifier Code (BIC/SWIFT).
- Additional Information: In some cases, you may be asked for the recipient's bank name and address.
Understanding the Fees and Exchange Rates
Transparent Fee Structure:
- Transparent Fee Structure: OFX offers competitive rates with no hidden fees. The exact fee structure may vary based on the currencies involved and the amount being transferred.
- Real Exchange Rates: OFX provides real-time exchange rates, ensuring you get the best value for your money.
- Bank Transfer: Fund your transfer by transferring money from your bank account to OFX. This is often the most cost-effective option.
- Other Payment Methods: Depending on your location and the currency, other payment methods may be available.
Review Transfer Details:
- Review Transfer Details: Before confirming the transfer, review the summary of your transaction, including the amount sent, fees, exchange rate, and the recipient's amount.
- Confirm and Pay: Complete the payment using your chosen method.
- Real-Time Tracking: OFX provides real-time tracking of your transfer.
- Notifications: Receive email notifications at each stage of the transfer process, from initiation to completion.
- Tracking Link: Use the unique tracking link provided to monitor the progress of your transfer.
- Direct Bank Deposit: The recipient in Indonesia will receive the full amount directly into their bank account.
- No Recipient Fees: OFX does not charge additional fees on receipt, ensuring the recipient gets the full amount sent.
- Bank Processing: The money is deposited directly into the recipient's bank account, typically within 1-2 business days.
OFX as the Featured International Money Transfer Partner
Benefits: OFX offers bank-beating exchange rates, which are typically more favourable than those of traditional banks. The platform is designed for fast and transparent transactions, making it advantageous for those living abroad or traveling frequently.
Fees: OFX charges low, transparent fees that are a small percentage of the transfer amount. These fees are clearly shown upfront.
Speed: Transfers in many popular currencies can be completed within 1-2 business days.
Security: The company is committed to high-security standards, including multi-factor authentication (MFA) and encryption, to safeguard your funds and personal information.
Service Reach: OFX allows you to send, hold, and convert money in multiple currencies, offering account details in major currencies like CAD, USD, EUR, and AUD. This feature supports direct receipt of salaries, pension payments, and more. You can send money from Australia to 50+ countries.
Payment Options Offered by OFX
Bank Transfer
Generally the cheapest method for transfers. Although it may take longer than other methods, it provides the best value for your money
Debit and Credit cards
Allows direct bank transfers without leaving the OFX app, combining the cost-effectiveness of bank transfers with the convenience of direct debit.
Wire Transfer
While this method can fund transfers, it is usually more expensive and slower due to fees charged by intermediary banks.
Key Stats about OFX
User Base
- Established in 1998 with over 1 million customers globally
Transaction Volume
- 80 billion GBP in transfers made so far
Speed of Transfers
- Fast Transfers: Transfers typically arrive within 1-2 business days.
Security and Regulation
- Regulated Entity: OFX is regulated by financial authorities in multiple jurisdictions, including the Financial Conduct Authority (FCA) in the UK and the Financial Crimes Enforcement Network (FinCEN) in the USA.
- Secure Transactions: OFX employs robust security measures, including two-factor authentication and encryption, to protect users' data and money.
Customer Satisfaction
- High Trustpilot Rating: OFX has a Trustpilot rating of 4.1 out of 5 stars based on over 197,000 reviews, reflecting high customer satisfaction.
- 24/7 Access: There is a 24/7 broker service available in the OFX app.
FAQs
To get started with your money transfer, you will need to have your recipient’s bank account information. If this is your first money transfer, you’ll need to create a free account with OFX, or log in if you already have one. Once logged in, you can request a live quote for your transfer, which shows exactly how much your recipient will receive after fees and currency conversion.
Then, enter your payment details and specify the amount you wish to send. OFX will automatically calculate the converted amount in Indonesian Rupiah and give you a transparent fee structure.
The most cost-effective way to send money to Indonesia from Australia is usually through an online bank transfer using OFX. Please note that OFX applies a small cost to your transfer, which will be listed transparently when you do your bank transfer.
With OFX, there are no strict minimum or maximum limits for personal transfers, although the banks may double-check certain larger amounts. This flexibility makes it easy to send anything from a few hundred dollars for personal expenses to tens of thousands for tuition, property, or business purposes.
If you’d like to save costs, bank transfers are the best way to send money. If you need to send money quickly, credit or debit cards have faster delivery times. Regardless of the method you choose, OFX gives you competitive exchange rates with secure, reliable transfers, ensuring your money reaches the recipient safely and efficiently.
Transfers using credit or debit cards tend to be the fastest delivery method for sending money, often arriving at your destination within one business day, compared to bank transfers.
Money transfer to Indonesia depends on the amount, transfer method, and recipient bank. Large transfers may need additional verification, which could add a little extra time. At OFX, we’ll keep you informed throughout the process.
Yes, money transfer to Indonesia with OFX is a highly secure process. The platform uses bank-level encryption, secure logins, and transaction monitoring to protect your funds and personal information. Additionally, OFX is a regulated financial institution, giving you peace of mind that your money is in safe hands.
You’ll need your recipient’s Bank Code (BIC/SWIFT). It does not need your recipient’s email address or phone number.
Affiliate Disclosure
This page contains affiliate links. If you choose to sign up for OFX through one of these links, we may earn a small commission, at no extra cost to you. We only recommend services we genuinely believe offer value to our users.
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