TransferWise lands in Indonesia

Piyush Varanjani
20.11.20
1 minute read

From today, Indonesians and expats can send money from Indonesia to 80 countries — including Australia, Singapore, Japan, US, UK, China (Alipay) — and Europe. You can send money from your Android or iOS app, or on the web. All in Bahasa Indonesia too. Bagus!

Over 90% of Indonesians find the high cost of remittances to be a source of stress. But now, they can send money from Indonesia for up to 2.5x cheaper compared to the leading banks and non-banks.

Since the start of our beta a few months ago, we’ve onboarded thousands of users. Their feedback has helped us improve the experience for you. Thank you to our early users!

Hello, Indonesia

Cheaper online transfers. Everywhere.

Why Indonesians are already using TransferWise — it’s:

  • Cheap, up to 2.5x cheaper than leading banks and non-banks in Indonesia
  • Fast, half of transfers arrive within an hour
  • Global, send to 80 countries around the world
  • Easy, no need to leave your home or office
  • Transparent get the real exchange rate — like the one you see on Google

How to get started

Sign up and complete your first transfer in six steps:

  1. Set up your transfer
  2. Tell us who you’re sending money to
  3. Verify your identity
  4. Choose how to pay
  5. Pay from your bank account
  6. Confirm the payment

That’s it!

Watch how it works in 40 seconds.

Invite a friend and get rewarded

Over nine million people use TransferWise. And most of them hear about us from people like you. Every friend that you invite to TransferWise will get a discount on their first transfer. We'll reward you for inviting a bunch of friends, too.

In Indonesia, you'll get Rp. 500,000, once 3 invited friends make a qualifying payment of at least Rp. 5,000,000 each. Start inviting your friends now.

Happy user

That’s it! Happy transferring!

TransferWise Ltd is authorised as an Electronic Money Institution (EMI) by the UK Financial Conduct Authority with registration number 900507, with passporting rights across the EEA.

In Indonesia, money transmission services are offered by our partner financial institution, Instamoney, which operates under Bank Indonesia money remitter license number 11/5/DASP/2.

Wise is the smart, new way to send money abroad.

Find out more

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