Send money from
SGD to IDR.
Sending money from Singapore Dollar (SGD) to IDR (IDR) can be expensive if you use traditional banks. While we are currently gathering real-time data for this specific route, we recommend comparing digital money transfer specialists against your local bank to save on fees.
Real-time Rates for 1000 SGD
Gathering live rates...
Why compare?
Exchange rates and fees vary significantly between money transfer providers. On a typical transfer from SGD to IDR, the difference between the cheapest and most expensive provider can be 3-5% of your total amount. Banks often hide fees in the "exchange rate spread" - the difference between the real rate and what they offer you. Always check the total cost (fees + exchange rate margin) before sending.
Top Providers
Popular providers for international transfers involving Singapore Dollar or IDR often include Wise, Remitly, and WorldRemit. These services typically offer exchange rates closer to the mid-market rate compared to standard bank transfers.
Frequently Asked Questions
What is the best way to send money from SGD to IDR?
The "best" way depends on your needs. For cost, digital providers like Wise or Remitly often beat banks. For speed, services like Western Union or MoneyGram are fastest but often more expensive. For large amounts, specialized brokers like OFX or Xe may offer better personalized rates.
How much does it cost to transfer SGD to IDR?
Costs vary by provider. specialized services typically charge a small upfront fee (e.g. $5) and a small markup on the exchange rate (0.5-1%). Traditional banks may charge higher wire fees ($25-50) plus a significantly higher exchange rate markup (3-5%).
How long does a SGD to IDR transfer take?
Digital wallet transfers can be instant. Bank-to-bank international transfers typically take 1-4 business days to clear, depending on the banking infrastructure of the destination country.
Is it safe to send money from SGD to IDR online?
Yes, provided you use a regulated institution. Look for providers regulated by authorities like the FCA (UK), FinCEN (US), or ASIC (Australia). All providers listed on CheaperSend are fully regulated financial institutions.
Can I send SGD to a bank account in IDR?
Yes, most major money transfer services allow direct-to-bank deposits. You will typically need the recipient's full name, bank account number, and the appropriate bank code (like SWIFT/BIC, IBAN, or local routing number).