How to send money to Indonesia from Turkey with the best TRY-IDR rate

Comparing the different providers offering services between Turkey and Indonesia, is the best way to send money with confidence.

Right now, for TRY/IDR

• Wise is our top choice for TRY to IDR transfers. Transferring 10,500 TRY to IDR will cost you ₺205.33 in fees, and your recipient will get 3,957,034 IDR.

• Wise offers the cheapest combination of low fees and competitive exchange rates of the 2 providers we compared. They offer a fee of 205.33 TRY and exchange rate between TRY-IDR that is -0.02% different to the mid-market rate.

• Fastest money transfers from Turkey to Indonesia is with Wise. Based on our recent data, transfer time for a ₺10,500 transfer to Indonesia with Wise is within minutes. This can vary by amount and method, but it is a good point of reference.

The 2 providers we've compared ensures you will get the best options for your transfer to Indonesia from Turkey. By taking the time to compare you can save yourself in the region of 3% of the total transfer amount.

Whilst we rate Wise as the best overall, comparing gives you a comprehensive view of all the options for transferring Turkish Lira to Indonesia.

The exchange rate determines how much Rupiah you will get for every Turkish Lira you want to send. A better exchange rate is the best way to save money on transfers from Turkey to Indonesia.

Fees and exchange rates make up the total cost of sending money from Indonesia to Indonesia. Finding a company that can offer both ensures a good deal on your transfer.

• The Mid-Market and Exchange Rates: The current TRY-IDR mid-market rate is 385.9143 IDR per Turkish Lira. You will get more Rupiah for your Turkish Liras if you find a provider close to this number.

• Fees: Transfer fees are charged as part of the transfer. Wise charges 205.33 TRY per transfer, which is currently the best deal on transfers to Indonesia. We’d always recommend comparing providers for your exact send amount as fees may change.

• Amount Received: Money transfer companies will show you the amount of Rupiah eventually received in Indonesia. You can assume that a lower cost of sending from Turkey will result in more money received in Indonesia.

The current rate between the Turkish Lira and Rupiah is 385.9143.

With currencies, the exchange fluctuates constantly, and the TRY-IDR exchange rate is no different. Tracking the rate and understanding the averages can help get a better deal.

Even waiting a day or two can help you get more IDR for the same amount of Turkish Lira.

Beyond this, a forward contract allows you to lock in an agreed exchange rate between Turkey and Indonesia.

The most cost effective way to send money from Turkey to Indonesia is via a bank transfer. Wise is the company offering the best price for a bank transfer.

Here are all the ways to send money from Turkey to Indonesia:

Bank transfers

Bank transfers are often the fastest option, and normally the cheapest, for sending money from Turkey to Indonesia.

By opting for a money transfer company such as Wise for transfers from Turkey to Indonesia, you can send money via a bank transfer while benefiting from lower fees and more favorable exchange rates. 


Debit and prepaid cards

Using a debit card, or prepaid option, for sending money from Turkey to Indonesia is easy with MoneyGram Agent.


MoneyGram Agent is a market leader in debit card payments for transfers from Turkey to Indonesia, this is among a total of 2 money transfer companies compared.

Credit cards

When it comes to the credit card deposits, when sending money from Turkey to Indonesia, we recommend comparing your options to get the best deal.

Regulations are important for keeping your money safe, Turkey and Indonesia have different regulations to consider.

Our directory of worldwide financial regulators contains details on regulation for money transfers between Turkey and Indonesia.

Some companies offering money transfers between Turkey and Indonesia will come with minimum or maximum thresholds on how much you can send or receive and this could cause rates or fees to change.

Comparing TRY-IDR rates for your specific transfer amount will factor in these rates and fees changes, so you’ll get the best provider for your specific needs. For regular transfers from Turkey to Indonesia, it’s best to check any changes in fees and rates every time you send.

For large transfers of money transfers from Turkey to Indonesia we’d recommend Wise. They offer a competitive combination of rates and fees when sending from Turkey to Indonesia, even at larger amounts.

Also, be sure to check with the recipient and understand any declarations needed on large amounts of money entering Indonesia from Turkey.

Receiving Rupiah in Indonesia has a few different options. The most popular ways to receive are through a direct bank deposit, cash pickup, a mobile wallet or receiving money into a multi-currency account.

Not all companies offering money transfers from Turkey to Indonesia will cater for every method for incoming Rupiah, so it’s best to check ahead of time.

One of the more popular ways is sending money from Turkey directly to a bank account in Indonesia. This is because it means the recipient in Indonesia has to do very little. Wise is the best company for bank transfers between Turkey and Indonesia.

Whilst cash pickup is popular, it is not always supported and can be costly compared to cheaper options.

Mobile wallet or P2P services and payment apps like PayPal, Xoom, and CashApp operate in Indonesia and are popular because of convenience, but they come with more limitations and higher costs compared to money transfer providers like Wise.

When using a money transfer provider to send Turkish Liras to Indonesia, you will need to verify your ID at the sign up stage.

Documents needed will vary and in some cases you might need a couple of options.

Generally speaking, those in Turkey can verify through a government issued ID such as a driver’s license or passport. If the recipient needs an ID to collect money or open a multi-currency account in Indonesia, both can also be used there as well.

Large transactions between Turkey and Indonesia will be subject to additional security measures such as proving where the funds originated, these will be for anti-money laundering purposes.

Wise has scored highly for transfers to Indonesia because of the easy sign up process in Turkey.

There will be tax declarations to consider when sending larger amounts of money between Turkey and Indonesia.

Transfers into Rupiah may need to be reported to tax authorities in Indonesia as well, where regular income, large amounts (such as property or inheritance) and business payments will all be subject to tax checks.

Based on the recipient, tax limits in Indonesia, as well as personal allowances will change. When in doubt, we’d recommend contacting a tax professional in Turkey or Indonesia to discuss your personal circumstances. This ensure you are not missing any specific tax declarations associated with your circumstances.