
Remittance refers to the transaction of sending or receiving money in foreign currency from or to banks abroad or within the country. There are two types of remittance: conventional and non-conventional. Conventional remittance is the typical interbank transfer service, while non-conventional remittance is a more modern form supported by advanced systems.
See also Credit Card vs Other Methods for Sending Money Abroad, Which Is More Efficient?
Non-conventional remittance services are now available as smartphone applications. The presence of remittance apps in Indonesia certainly makes it easier for users to carry out financial transactions, such as paying for education for family and relatives abroad.
Convenience, flexibility, and ease of use are additional reasons why many people choose remittance apps. One of the platforms offering a reliable and user-friendly system is Transfez.
Transfez: A Trusted Remittance App
Transfez is a licensed financial service company that allows users to send money from Indonesia to various countries around the world easily. Unlike other companies, Transfez is officially licensed by Bank Indonesia and is supervised by both Bank Indonesia and the Financial Transaction Reports and Analysis Center (PPATK).
See also 5 Best Platforms to Send Money Abroad Using a Credit Card
Unlike conventional transfer methods, sending money through a remittance app like Transfez is highly advantageous. The entire process can be completed in just minutes since it’s done online. This means you no longer need to queue at the bank or other money transfer services.
See Video on How to Easily Send Money Abroad with Transfez
Moreover, by using a remittance app like Transfez, you can save up to 91% compared to the fees charged by banks. Users can also monitor fees and exchange rates transparently at any time, so there are no surprises or disappointments.
To use this app, all you need is an Android or Apple smartphone. Simply search for the Transfez app on the Play Store or App Store, install it, and complete the registration process. Good news, registering for a Transfez account is completely free.
See also How Much Does It Cost to Send Money Abroad Using a Credit Card?
Once your account is verified, you can start transferring money to various countries, including the Netherlands, Germany, the UK, Thailand, China, and many more. To check how much the transfer will cost, you can use Transfez’s smart calculator, one of its standout features.
Best Remittance App in Indonesia
Still unsure about using this app? No need to hesitate, Transfez is a trusted remittance app in Indonesia, designed to be user-friendly and supported by a professional team ready to simplify your financial transactions.
See also Send Money Abroad Using a Credit Card, A Convenient Way to Transfer Funds Internationally
Download Transfez App
Transfez App can help you transfer money abroad more quickly and efficiently. Jack Finance can also help your business in making transactions abroad. For those of you who want to send money to relatives who are abroad because they are studying, working, or traveling, Transfez will be ready to help. This app is available on Android as well as iOS.