Send Money to OVO Hassle-Free from Singapore: Practical and Instant Guide with Transfez

I am sure you often feel frustrated when having to send money from Singapore to your family in Indonesia. If you want to send money to OVO hassle-free from Singapore using traditional banking methods, you will certainly face many limitations, and the transfer costs will be much higher. The main issue is the complexity: slow SWIFT processes, layered fees, and most inconveniently, the funds do not go directly into your family’s e-wallet.

OVO has become a primary payment tool for everything. The hassles hidden fees and days of waiting must be eliminated. The solution you seek must be instant, transparent, and allow transfers using only a mobile number.

Therefore, you should switch to Transfez, a legal digital remittance fintech licensed by Bank Indonesia. This article is your complete guide, proving that you can send money to OVO hassle-free from Singapore in real-time and with full transparency.

Advantages of Sending Money from Singapore to OVO with Transfez

What makes transferring money from Singapore “complicated,” and how does Transfez eliminate those hurdles? The key lies in bypassing the SWIFT network and using mobile numbers.

The Complexity of Bank Transfers (To Be Avoided)

If you are still using DBS, UOB, or OCBC to send money to Indonesia, you will face three levels of complexity:

1. Data and Bank Fees: You have to find and enter SWIFT/BIC codes, choose fee options (OUR/BEN), and prepare for layered fees (sender fee + intermediary fee).
2. Unfavorable Exchange Rates: Banks charge a selling rate far from the mid-market rate, which is the biggest and least transparent loss.
3. Additional Steps: After the funds arrive in the recipient’s bank account in Indonesia (after 1–3 days), the family has to transfer them again from the bank to OVO. This is extra effort and a waste of time.

Transfez Simplicity: Account-less and Real-Time

Transfez fundamentally changes the transfer process, making it more efficient:

• Account-less Convenience: Transfez eliminates the need for a destination account number. You can transfer money to OVO using only the recipient’s mobile number. This is ideal for families who are unbanked or rely solely on e-wallets.
• Cost Transparency: Transfez charges only a low flat fee, which is clearly visible at the start of the transaction. There are no more hidden fees from intermediary banks.
• Instant Speed: Transfez uses real-time APIs to deliver funds directly to OVO within seconds or minutes.

Comparison: Conventional Bank vs. Transfez

Read Also: Cost of Sending Money from Singapore to Indonesia: Bank Transfer vs. E-Wallet App Comparison

Preparation for Transferring Money to OVO from SG

To ensure the transfer runs smoothly and successfully without any obstacles, there are a few prerequisites you must meet.

Recipient OVO Account Requirements

Even though you can send money to OVO hassle-free from Singapore with just a phone number, the OVO account must be upgraded.

• OVO Premier is Mandatory: The recipient must upgrade their OVO account to OVO Premier status via KTP verification. Standard accounts are not permitted by regulators to receive funds from abroad (especially for larger transfers up to Rp 20,000,000).

Balance Limit of Rp 20 Million (Regulatory Limit)

This is the most frequent cause of failed transactions:

• All premium e-wallets in Indonesia, including OVO Premier, have a maximum balance limit of Rp 20,000,000.

Important: Before transferring, ensure your remittance (plus the existing OVO balance) does not exceed this limit. If it does, the transfer will fail, and your SGD funds will be refunded to your Transfez account.

Step-by-Step Guide: Sending Money to OVO Using the Transfez App

Follow these steps to ensure you send money to OVO hassle-free from Singapore at high speed.

1. Compare Rates: Open the Transfez app and choose the SGD to IDR route. The app will immediately display the best applicable rate and total IDR to be received.
2. Identify Destination (Mobile Number Only): When selecting a recipient, choose “E-Wallet/Digital Wallet”, then select OVO.
3. Input Mobile Number: Enter the recipient’s OVO mobile number. No bank account needed!
4. Confirm Identity: The OVO account owner’s name will appear automatically. Verify this to prevent input errors.
5. Fast Payment in Singapore (Using PayNow): Transfez will provide instructions to send SGD from your Singapore bank to their escrow account. Use PayNow or FAST for instant SGD verification.
6. Mandatory Reference Code: Always enter the unique reference code provided by Transfez in the bank transfer remarks. This ensures your funds are identified automatically.

Transfez is the definitive solution to send money to OVO hassle-free from Singapore. The account-less convenience (phone number only), real-time speed, and cost transparency are its primary advantages. Stop wasting time and money with conventional banks. Switch to Transfez and enjoy fast, cheap, and hassle-free money transfers.

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