Compare Singapore Dollar to Indonesia Rupiah For Sending Money to Indonesia from Singapore

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Mid Market Rate

The mid-market rate is the midpoint between the buy and sell prices of two currencies.
Make money transfers and manage your account online 24 hours a day, 7 days a week from any device. XE Money has some best customer reviews we have ever seen, which shows that the users are satisfied with its services.

11623.68

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WorldRemit is an online money transfer service that provides international remittance services to expatriates and migrant workers

11623.68

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More Available Options

You can check rates of some more providers that may support your country
With a worldwide agent network of more than 314,000 locations in 144 countries and growing
Western Union is an American financial services company which offer money remittance to more than 200 countries across the globe.
With Xendpay you get the best deal and make a big difference with every transfer
<p>Trusted by millions for every kind of online global payment, Skrill now makes payments simple, secure and quick in nearly 200 countries and 40 currencies.</p>
There are more than 200 countries you can send to using MoneyGram. Fees vary depending on where you are sending, how much, and how you are paying
It is always your responsibility as the sender to make sure that your money reaches its destination safely and on time. It is with respect to this that you have to step up and look for the best service providers the markets have to offer. This requires time, effort and a little bit of money but with ERIQ, you do not have to sweat while doing so.

Learn how recommended service providers like XE Money not only ease the transfer process for you but also makes it convenient just in time for your recipient to receive it.

About SGD and IDR

Initially, sending money abroad was difficult due to the numerous intermediaries that were involved in the process. Before you know it, your money could have gone through more than 5 hands just trying to get to your recipient. Even worse was the manual paperwork that proved so cumbersome as opposed to the new automated systems. Sending money from Singapore to Indonesia was highly affected by this and many migrants could not receive their money either on time or at low cost.

Contrary to all these, modern era has seen to it that your transfer can be made fast and at a cheaper cost thanks to the various service providers that have come up in the market. Here at Exchange Rate IQ, we reveal all about them and what makes them so special.

Best way to send money from Singapore to Indonesia

When sending money from Singapore to Indonesia, you want to consider costs that you will be charged by your service provider. This is because most, as well as other institutions, charge highly for this transfer. You also have to be keen on the rates that you are offered as they may have a huge impact on your transfers.

Some of the cheapest ways to send money to Indonesia from Singapore include:

Instarem with its headquarters based in Singapore, it is the best company to use when sending money to Indonesia. It offers the best rates in the market and can help you remit money either as cash or into the bank account of Indonesia. The Instarem Mass Pay helps in managing bulk payments to multiple beneficiaries in multiple currencies. Even better is the fact that it has no maximum transfer limit. Instarem is a true game changer and a good choice when sending your money from Singapore to Indonesia.

WorldRemit: It also has one of the best exchange rates in the industry when sending your money from Singapore to Indonesia. WorldRemit offers low transfer fees for different transfers, whether personal or business transfers. In addition to that, it offers a choice of payment options including via your online account, through your bank account or as cash. You also get to enjoy no limit on the minimum amount of money you can transfer with them, solidifying the fact that they can be used for multiple purposes.

TransferWise: TransferWise has eliminated middlemen in its operations and made it easier for you to interact with your recipient on a peer to peer connection. It therefore has an easy to use platform through which you can maneuver and get your way around it easily. It is highly affordable when it comes to its service costs and also offers a high daily transfer limit that can be conveyed fast and securely to Indonesia.

Other options of sending your money from Singapore to Indonesia

You can also use other direct cash transfer service providers to send your money from Singapore to Indonesia. Such are like XendPay, Skrill, Western Union and MoneyGram.

3 ways to get the most of your remittances from Singapore to Indonesia

What makes the difference between a good service provider that has your best interest at heart and a mediocre one that is just trying to rip you off your money?

  1. Service costs: In these modern times, it is not fair to be charged highly on making your transfers from Singapore to Indonesia. Gone are the days when the process was hectic, today, it is easier therefore should be more affordable for all senders.
  2. Exchange Rates: Always make sure that the SGD-IDR exchange rate margin is low as this will enable you to get the most out of your transfers.
  3. Turnaround time: The speeds of transfer and the time it takes for your money to reach its destination can be the difference between life and death during emergencies or timely payments. It can make or break a good deal.

FAQ's

Are online money transfers safe?

Most online money transfer systems have bank standards security systems installed into their platforms to keep your money secure. Moreover, the protocols followed to get your money transferred is sufficient enough to guarantee safety and security. Also, you get to track money when make an international transfer as many companies will keep updating you until the money breaches its final destination.

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How much do I have to pay to get my money to Indonesia on time?

The amount of money you will be charged will differ among most transfer companies. Some charge highly for their transfers while some are fair. Some do not charge any fees at all but nit is safe to say that the fastest way to send money from Singapore to India. Learn about service providers that do so here at Exchange Rate IQ and even compare some of the best options.

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I have an emergency and I need to send money to Indonesia in the middle of the night

You can send money to Indonesia from Singapore instantly if you select the right online transfer service. However, you will have to make sure that the transfer is from another online account. If you have to send it directly to a bank account you should know that the transaction can take longer but once it is transferred to another online account, the receiver can access it immediately.

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Historical Mid Market Exchange Rate From Singapore Dollar (SGD) to Indonesia Rupiah (IDR) (Weekly)

Current Exchange Rate(Mid Market) :- 11623.68 IDR/SGD

Mid-market Rate is a currency exchange rate. Usually traders in currency exchange market have two exchange rates -
  • Selling exchange rate - at which sellers are willing to sell a particular currency and
  • Buying exchange rate - at which buyers are willing to buy a particular currency.
Mid-market rate is the mid-point of these two rates. This is the most transparent and the most accurate exchange rate. It is also known as “Interbank Rate” or “Spot Rate” or “Real Exchange Rate”. This is the rate which independent sources like Reuter, Google etc show.

Compare Currency Conversion SGD To IDR

Send Singapore Dollar To INDONESIA Receive Indonesia Rupiah
1 SGD TO IDR 11623.68
50 SGD TO IDR 581184
100 SGD TO IDR 1162368
250 SGD TO IDR 2905920
500 SGD TO IDR 5811840
1000 SGD TO IDR 11623680
5000 SGD TO IDR 58118400
10000 SGD TO IDR 116236800
Send Indonesia Rupiah Receive Singapore Dollar From INDONESIA
1 IDR FROM SGD --
50 IDR FROM SGD --
100 IDR FROM SGD --
250 IDR FROM SGD --
500 IDR FROM SGD --
1000 IDR FROM SGD --
5000 IDR FROM SGD --
10000 IDR FROM SGD --

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