How to Send Money to Indonesia via E-wallet with Transfez: Fast, Cheap, and Hassle-Free

I know exactly what it feels like to be an Indonesian working or living in Singapore. You definitely want to ensure your family back home receives money transfers on time, especially for daily or sudden needs.

In the past, sending money from Singapore (SGD) to Indonesia (IDR) was a complicated and costly process. We had to deal with conventional bank SWIFT transfers, which often took 1–3 business days, unfavorable exchange rates, and the most annoying part: hidden fees from intermediary banks.

This issue is becoming more pressing because the way Indonesians transact has completely changed. Cash is being phased out, and e-wallets like GoPay, OVO, DANA, and ShopeePay are now the main payment tools. Unfortunately, many traditional remittance platforms do not yet support direct fund transfers to these digital wallets. As a result, you have to send it to a bank account first, and then the family transfers it again to the e-wallet, which of course adds steps and costs.

As a digital remittance platform that has obtained official permission from Bank Indonesia (BI), Transfez is the most efficient bridge. This article will be your complete guide to the process of send money to Indonesia via e-wallet using Transfez, guaranteeing funds arrive instantly, cheaply, and without drama to your family in Indonesia.

The Best Remittance Solution for the Singapore-Indonesia Route

Transfez is not just any money transfer application. We are a legal and legitimate fund transfer service provider. Transfez has obtained a license and is directly supervised by Bank Indonesia (BI). This point is very important because it guarantees that every transaction you make is safe, recorded, and compliant with international financial regulations. You don’t have to worry about the legality or security of the funds you send, as everything is guaranteed by official authorities.

Money Transfer to Indonesia Directly to E-Wallet

This is a feature that truly changes the game. Compare two scenarios:

1. Conventional Bank Transfer: You transfer from DBS/UOB/OCBC to BCA/Mandiri. The process can take up to three days. The family has to wait for the bank to settle.

2. Transfez Transfer to E-Wallet: You transfer from your Singapore account to your family’s digital wallet. The process is mostly real-time or takes seconds. The recipient in Indonesia does not need to bother opening a bank app. The money goes directly in and is ready to be used to buy phone credit, pay electricity bills, or shop online on GoPay, OVO, DANA, or ShopeePay.

This advantage is highly beneficial for recipients who may not be familiar with internet banking or who rely on e-wallets as their daily transaction tool.

Transfez is Superior to Conventional Banks

Transfez solves the two main problems of banks: Cost and Complexity. Traditional banks often impose large SWIFT fees, plus fees from intermediary banks. Transfez only charges a low flat fee of 5 SGD for sending from Singapore to Indonesia, and most importantly, the fee is transparent from the start.

You don’t need to fill out long forms with SWIFT/BIC codes. The process is as easy as local transfer or e-wallet top-up, only requiring the recipient’s phone number registered to the e-wallet.

Read Also: Complete Guide: The Fast and Safe Way to Transfer Money to Indonesia from SG (Singapore) Using Transfez

Advantages in Cost, Rate, and Transfer Limits

Before you start sending, there are three critical factors you need to understand to optimize every cent you send.

Getting the Best SGD/IDR Rate

When you send money to Indonesia via e-wallet, the main factor determining how much money is received is the exchange rate used. Transfez is known to offer the best SGD/IDR rate because they use a rate that is very close to the mid-market rate (the central market rate), which is much more favorable than the conventional bank’s buy/sell rate.

Analysis of Transfer Fees to Digital Wallets

Transfez charges a super efficient fee structure. The transfer fee from Transfez to OVO, GoPay, DANA, or ShopeePay is typically a fixed flat fee, regardless of the amount you send (as long as it is within reasonable limits).

• Flat Fee: The exact fee is very low, at 5 SGD, and is displayed on the screen before you click “send.” This is what we mean by transparency. No surprises. This fee also applies equally to transfers from SGD to DANA, GoPay, and other e-wallets.

Transaction Limits and Regulatory Compliance

When you send money to Indonesia via e-wallet, you must understand there are double limits: the limit from the remittance platform (Transfez) and the balance limit from the e-wallet issuer (BI).

• E-Wallet Limit: E-wallets in Indonesia have a maximum balance limit. For example, the maximum balance for GoPay Plus or OVO Premier is Rp 20 million per month. You must ensure the maximum transfer amount does not exceed the recipient’s monthly limit.
• Transfez and KYC Limits: Transfez also has daily/monthly transaction limits that comply with Anti-Money Laundering (AML/CFT) regulations. Ensure your account is fully verified (Know Your Customer/KYC) upon registration to get adequate transfer limits.

How to Send Money to Indonesia from Singapore Using the Transfez App

The process is very easy, even if this is your first time using a remittance app.

Initial Preparation

1. Register and Verify Transfez Account: Download the Transfez app and complete the KYC verification process (usually involving identity document upload and a selfie).

2. Verify Recipient E-Wallet: Ensure the recipient’s e-wallet (e.g., GoPay, OVO, DANA) has been upgraded to Premium or Verified status. This is mandatory for the e-wallet to receive large transfers from abroad.

How to Perform the E-Wallet Transfer Transaction

Before sending, you must top up your Transfez e-wallet balance to be able to make the transfer. You can top up via PayNow (by scanning the barcode in your mobile banking app) or via 7/11 (by providing cash and the generated barcode to the cashier).

Read Also: How to Transfer Salary from Singapore to Indonesia (SGD to Rupiah) Without Maximum Deductions

Steps for Sending to E-wallet from Singapore to Indonesia

1. Select Origin and Destination: In the Transfez app, select origin currency: SGD (Singapore) and destination currency: IDR (Indonesia).
2. Initiate Transfer: Click the “International Transfer” button or the “Send Money” icon.
3. Calculator Page: Determine the destination country and the amount to send or receive, and check the exchange rate and fee.
4. Select Recipient: Choose a recipient, or create a new one. You will need to specify the Recipient Name, Beneficiary Relationship, and E-wallet Details (Phone Number linked to the e-wallet).
5. Compliance Information: You need to provide the Purpose of Remittance and Source of Funds.
6. Confirm Transaction: Review the summary, enter your PIN (for authentication), and the transaction is complete. You can then track the transaction status.

Practical Tips for Sending Money from Singapore to Indonesia

• Check Balance Limit: Always check the recipient’s maximum e-wallet balance. If you send funds above the limit (e.g., Rp 20 million), the transaction will fail.
• Operating Hours: Although e-wallet transfers are often instant, sending during Singapore’s working hours and weekdays (morning to afternoon) can help speed up the verification and settlement process by Transfez.
• Save Recipient Details: After the first successful transaction, save the recipient’s details in your Transfez account to speed up subsequent transactions.

It is no longer the time to send money from Singapore to Indonesia in a slow and expensive way. Transfez has provided the fastest and safest solution for the process of sending money to Indonesia via e-wallet. You not only save time and transfer fees but also provide tremendous convenience for your family in Indonesia because the funds are instantly available on their mobile devices.

If you are looking for efficiency, rate transparency, and real-time speed from Singapore to e-wallets in Indonesia, Transfez is the choice you should not doubt. Try it now, and enjoy an easier transfer experience!

Download the Transfez App to Send Money from Singapore to Indonesia

Don’t just send money send your love home. Transfez is a money transfer app created by Indonesians who understand your needs in Singapore. The process is secure, the exchange rates are competitive, and most importantly: you can rest assured knowing your family will confirm receipt immediately. Show your love without the hassle! Download Transfez on your phone now (available on Android & iOS)! #SantaiTapiSampai