How To Transfer Money From Indonesia To India. Online money transfer providers typically offer the strongest exchange rates and lowest fees on money transfers to Indonesia Some offer cash pickup in as little as a few minutes while others seamlessly transfer to bank accounts Banks PayPal and other options are available but come with high fees weaker rates and longer turnaround times.
It’s incredibly simple to set up an account or make a transfer using their app They also have the best exchange rates because they offer the same market rate you see on XE or Google and don’t add any hidden exchange rate mark ups How much does it cost to transfer funds to India? Transfer Fee 113 USD + 06% of your amount.
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You can transfer money to an NRE Account in India using any remittance mechanism An NRE account allows you to transfer your foreign currency earnings hold it in rupees and use the funds for local expenses You can also freely repatriate the money in an NRE account back to Indonesia whenever you wish Inward Remittances.
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Other Ways to Send Money To Indonesia Some online currency exchange companies are starting to offer international money transfers now with competitive rates They will always be more expensive than Wise though They can be useful only if you intend to send a lot of money to Indonesia (over 10000$).
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Money Transfer Options Though there are several international money transfer options like wire transfers or foreign demand drafts it is convenient and costeffective if you send money to your NRE account online Also there is no limit on the amount you send per year How to Send Money to India Online from Canada.
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You have a variety of choices when looking to send money from India to Indonesia plus you have the option of a bank or wire transfer company Here are some of the providers worth looking into Banktobank transfers Some larger Indian banks will allow you to send money overseas Check with the bank that you have opened your account in about the facilities they.