Woalet

Indonesia

Indonesian Rupiah (IDR)

Regulatory Information

Bank Indonesia (BI)

Payment Methods

  • +BCA Bank Transfer
  • +Mandiri Transfer
  • +BNI Transfer
  • +OVO Wallet
  • +Gopay
  • +Dana Wallet

Key Corridors

US → Indonesia

Medium-high volume

Singapore → Indonesia

High volume

Malaysia → Indonesia

High volume

Australia → Indonesia

Medium volume

Frequently Asked Questions

Which IDR rails do you use?

BI-FAST for near-instant transfers and SKN for same-day batch settlement to Indonesian corporate accounts.

How do we pay Indonesian suppliers?

IDR settles direct to the supplier corporate account through BI-FAST for near-instant transfers and SKN for same-day batches.

How competitive are your rates to Indonesia?

We offer 35-45% savings vs banks. Direct RTGS transfers with minimal markup.

Do you cover suppliers outside Jakarta?

Yes. IDR reaches any account at a Bank Indonesia licensed bank, including provincial manufacturing and agricultural suppliers.

What are typical transfer times?

Bank transfers 1-3 hours. E-wallet transfers instant to 1 hour.