Need to wire money to Indonesia? Thinking about a bank wire to transfer money to Indonesia? Before you go your bank to organise it, make sure you check out the wire transfer fees. You might get a shock how much the fees and charges will be and depending on the dollar amount, it might make more sense to forward the money another way.
What makes it even worse is in addition to your financial institution imposing a fee for sending the funds to a place in Indonesia, the recipient receiving the transfer will possibly also incur a fee at their end. A way to reduce the likelihood of this fee is to send the international wire transfer in their local currency.
To make a bank wire transfer to Indonesia, you might need a SWIFT code. These are unique for each financial institution and are based on things including the bank and country.
Bank wire details for Indonesia
- Country – Indonesia
- SWIFT Country Code – ID
- Central Bank Name – Bank Indonesia
- Currency – Rupiah
- Currency Code – IDR