How to Receive Money from Overseas via BRI, BNI, BCA, and Mandiri
The Transfez Blog will discuss in more detail how to receive money transfers from overseas based on the type of bank you can use. Therefore, you can get some information through several methods.
Below, we will review how to easily and securely transfer and receive money through BRI, BNI, BCA, and Mandiri banks. In addition, we will also introduce a modern fintech solution that is much more efficient for transfers from abroad, especially Singapore.
Administrative Data Preparation
Before sending money, there are generally some data that must be prepared, both for traditional bank methods and fintech:
- Full name of the recipient (matching ID and account).
- Destination account number.
- Destination bank name.
- SWIFT Code (specifically for international interbank transfers).
- Branch office name (sometimes required).
- Branch office address (sometimes required).
How to Receive Money from Overseas
There are several bank options, and even different methods, that you can use to receive money transfers from abroad.
1. Via BRI Bank
To receive money from overseas, you can use a product from BRI bank. BRI bank has a special product called BRI Remittance which allows customers or anyone to transfer and receive funds from abroad.
Incoming Remittance
This service is for sending money from overseas via telegraphic transfer and BRIfast web service. Funds will be transferred directly to the BRI bank account in Indonesia.
Outgoing Remittance
This service is for sending money from Indonesia to overseas. Through this service, you can send funds to more than 1,200 banks that have collaborated with BRI.
The process of receiving funds via Incoming Remittance is very easy: the person abroad goes to BRI’s Remittance company partner, fills out a money transfer form with complete name, address, and account number, and the funds will be transferred directly to your account.
2. Via BCA Bank
You can also receive and transfer money from overseas via BCA bank. Currently, BCA bank has a special service called Fire Cash bank BCA. BCA also provides several options for international money transfers, namely through Pin Fire Cash, Transfast, Money Gram, and Xpress Money. To receive money from overseas, you (as the recipient) must come to a BCA branch office to provide the PIN and code given by the sender to withdraw the money.
3. Via BNI Bank
You can also transfer and receive money from overseas via BNI bank. BNI bank currently has branches overseas with a product called Smart Remittance to meet the needs of transferring or receiving money from overseas.
Incoming Transfer (ITR)
This service is specifically for receiving funds from overseas with various advantages and faster and safer processes.
Outgoing Transfer (OTR)
This service is specifically for sending funds overseas that can transfer to 125 types of foreign currencies.
4. Via Mandiri Bank
Mandiri Bank also offers products that make it easy for you to transfer and receive money from overseas. Mandiri Bank easily accepts money from several countries such as Malaysia, Hong Kong, and the Middle East.
Read Also: Practical Guide: How to Transfer Money to Indonesia from SG (Singapore) Using Transfez
5. Via Western Union
You can also receive money transfers from overseas using Western Union. This method does not require a bank account. The process you need to follow includes: ensuring you have received the tracking number (MTCN) and other information from the sender, finding the nearest Western Union agent, filling out the money recipient form completely and correctly, and Western Union will give you the money in cash.
6. Via Seven Bank
Using Seven Bank (generally in Japan), you are not required to have a bank account when receiving money from overseas. You need to provide the MTCN code and enter the necessary information at the ATM to receive the cash.
Modern Solution: Send Money to BRI, BCA, BNI, Mandiri via Transfez Application
Although traditional bank services (BRI Remittance, Fire Cash BCA, etc.) are available, they are often slow and expensive due to SWIFT fees. Modern fintech solutions like Transfez offer a much faster, cheaper, and more transparent route for sending money to BCA, BRI, BNI, Mandiri from Singapore.
Why is Transfez Superior to Traditional Methods?
- Flat Fee & Transparency Advantage: Transfez offers cheaper transfer fees to every country because it uses a low flat fee (around Rp60,000-an from Singapore), which is much lower than the SWIFT bank fee that can reach Rp250,000.
- Instant Transfer Speed: Transfers are done real-time (estimated 5-10 minutes), eliminating the 2-5 business day bank waiting time.
- Secure Sending: Transfez operates under strict regulatory supervision, guaranteeing fund security and legal compliance.
Guide to Sending Money to Major Indonesian Banks via Transfez
The process of sending money via Transfez is very easy and almost identical for all destination banks (BCA, BRI, Mandiri, BNI, etc.) because Transfez uses a digital remittance network:
- Account Preparation: Registration and Log-in (Email/SSO) and Identity Verification (Upload ID Document) to activate the Singapore region.
- Creating a Transaction: Click the “International Transfer” or “Send Money” button in the application.
- Calculator Page: Enter the nominal amount to be sent. Here you can instantly see the exchange rate and the very cheap flat fee.
- Select Recipient: Enter the Destination Bank Details (e.g., BCA/BRI/Mandiri) and Account Number. These details will be verified automatically.
- Compliance Information: Fill in the Purpose of Remittance (e.g., ‘Family Support’) and Source of Funds (e.g., ‘Salary’).
- Confirmation and PIN: Complete the transaction after reviewing the summary and entering the PIN for authentication.
After the transaction is complete, the funds will arrive in the destination BCA, BRI, or Mandiri account within minutes.
Read Also: Comparison of Money Transfer Fees from Singapore: Which is the Cheapest and Most Transparent?
Conclusion
The explanation above covers several ways to receive money from overseas via transfer at major Indonesian banks (BRI, BNI, Mandiri, and BCA) as well as modern fintech options.
Although traditional bank services offer security, they are no longer efficient for fast and routine transfer needs. Transfez is the superior solution because it makes it easy to send money to BCA, BRI, and Mandiri from Singapore with instant speed, low flat fees, and guaranteed security.
Now, you no longer need to worry about complicated and expensive processes. Download the Transfez Application now! The Transfez Application can help you transfer money overseas faster, more affordably, and efficiently, ensuring funds arrive in Indonesia intact and on time.
Download the Transfez App to Send Money to BCA, BRI, and Mandiri from Singapore
Tired after a long day? Sending money shouldn’t be a hassle! Try Transfez now, the Indonesian-made app that brings you peace of mind. Money arrives fast, with no weird rates drama. Especially for new users, you can get your FIRST transfer FREE, lah! Download Transfez today on the App Store or Play Store. One tap, and you can relax! #SantaiTapiSampai
