Transfer Money from Singapore to Indonesia in 2024, Testimonials User

Explore the best methods to transfer money from Singapore to Indonesia in 2024 using services like Transfez and Wise. 

In today's era of globalization, more people are working, doing business, and living abroad. 

One of their main needs is to send money between countries in a fast, secure, and efficient manner. 

Sending money from Singapore to Indonesia has become easier, faster, and more affordable, thanks to services like Transfez, Wise, and others.

How to Transfer Money from Singapore to Indonesia?

Transfez - Streamlined Money Transfers

Transfez is an app that enables users to send money from Singapore to Indonesia quickly and effortlessly. Here's how to use Transfez:

a. Register and verify your account

• Download the Transfez app from the Google Play Store here and sign up for a new account.
• Fill in your personal information and upload verification documents such as your ID card or passport.
• Once your account is verified, you're ready to start the money transfer process.

b. Create a new transaction

• Select the destination country (Indonesia) and the currency (IDR) you want to send.
• Enter the amount of money you wish to transfer.
• The app will display the applicable exchange rate and transaction fees.

c. Enter recipient details

Provide the recipient's bank account details, including their full name, account number, and bank name.

d. Make a payment

• Transfer the required amount to the Transfez account displayed in the app.
• Once the payment is received, Transfez will send the money to the recipient's account in Indonesia.

Additional Transfez features:

• Smart Calculator for checking exchange rates and delivery times
• Rate Reminder to help you transfer at the desired exchange rate
• Track transactions and receive notifications throughout the process
• Downloadable transfer receipt

Local bank transfers in Singapore and PPOB (Payment Point Online Banking) for paying BPJS bills, water bills, and purchasing PLN electricity tokens, mobile credit, and data packages directly from Singapore.

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Testimonials Transfez User

On the Google Play Store, Transfez - Transfer Uang service from PT Indo Koala Remittance has a rating of 4.5 from 4.36k reviews and has been downloaded more than 100k times.

azzuome, March 13, 2023

First time sending money from Indonesia to an acquintance in South Korea is soo easy, fast, and reliable! The money is delivered less than 15 minutes. Thank you very much Transfez! Will use Transfez again for sending money overseas from now on!

Lucky Herviana, January 17, 2023

Overall good but after successfully using it for the first time somehow the apps is not working anymore (freeze after login), tried to reinstall but the issue remains

fatimah azzahra, March 26, 2023

i love this app, reall easy, fast and no time to wait. thank you for making my problem more easier. good luck.

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Wise - Global Money Transfers

Wise is a global app that allows users to send money to over 70 countries, including Indonesia. Here's how to use Wise:

a. Register and verify your account

• Download the Wise app from the Google Play Store here.
• Open the app and sign up for a new account.
• Fill in your personal information and upload verification documents.
• Once your account is verified, you're ready to start the money transfer process.

b. Create a new transaction

• Select the source currency (SGD) and the target currency (IDR).
• Enter the amount of money you wish to transfer.
• The app will display the applicable exchange rate and transaction fees.

c. Enter recipient details

Provide the recipient's bank account details, including their full name, account number, and bank name.

d. Make a payment

Choose your preferred payment method, such as bank transfer or credit/debit card. Follow the payment instructions provided by the app.

Once the payment is received, Wise will send the money to the recipient's account in Indonesia.

Additional Wise features:

• Wise debit card: Shop or withdraw cash in over 200 countries. If you don't have the local currency, Wise will convert your funds in any currency at the lowest possible fee.
• Store funds in 50+ currencies and instantly convert between them: No monthly fees or maintenance charges for storing money in your account in most situations. Instantly convert between currencies at the real exchange rate with very low fees.
• Wise Assets: Try Interest Earning or Stocks with just a few clicks. Currently available only in the UK and Singapore. Capital at risk. Wise Assets is a trading name of TINV Ltd, a subsidiary established for investment activities and regulated by the FCA.
• Wise Business Account: Pay invoices and bills faster and at better exchange rates. Use account details to receive payments from clients and customers worldwide. Connect to supported platforms such as Amazon, Stripe, Xero, and more.

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User Testimonials for Wise

On the Google Play Store, Wise has a rating of 4.6 from 293k reviews and has been downloaded more than 10 million times.

Here are some user testimonials from the Google Play Store:

Shri, March 23, 2023

Hats off to their honesty! If their currency exchange rate is poorer than others, they tell you the exact difference clearly. That makes them trustworthy. This is an EXCELLENT app overall. All my transfers have been extremely quick if not immediate. Also, the currency rates are almost ideal. Keep up the work! Suggestion: Allow us to place limit orders. For instance, an order to make the transfers automatically when the exchange rate crosses a certain value.

Sleepy Cade, March 30, 2023

It's a fantastic app and service. It made being overseas significantly easier especially with local branches that provide the necessary regional bank info like IBANs, BSBs, etc. The interface has had an overhaul and it's legit brilliant. Amazing job on the GUI in this release. Massive improvement to the past. The core services and features are so good too. Creating cards on-the-fly, getting easy delivery, transfers are fast and amazingly tracked. 9.5/10 (find a way to automate bank transfer)

M-Faiz, March 24, 2023

All is good fast transfer and high exchange rate. However, do not have the function that inform us or let us view expense limit balance. Recurring payment and transfer cannot be done when already hit annual expense limit. Can improve on this as expense is shown and consolidate monthly. Just need the info what is the limit balance left to be able to spend for the year.

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Conclusion

Transfez and Wise are two services that enable users to easily send money from Singapore to Indonesia. Both offer speed, ease of use, and competitive transaction fees.

The additional features offered by each app can help you maximize the benefits of their services, such as using the Wise debit card or paying bills and purchasing mobile credit through Transfez. 

Consider your needs and compare the features offered by both apps before choosing the most suitable money transfer service for you.

This guide provides information on how to transfer money from Singapore to Indonesia in 2024 using services like Transfez and Wise. We hope it helps you make an informed decision.