Transferring Money Abroad from Indonesia Using PayPal and Banks
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Editor
28 April 2024 16:30 WIB
TEMPO.CO, Jakarta - Transferring money abroad can now be done easily, even in a matter of minutes. You can do it through banks and also money transfer app such as PayPal.
Thanks to advances in technology, you can now transfer money abroad anytime and anywhere, no longer needing to bother using postal money orders like in the old days.
For foreign tourists, it is now even easier to make financial transactions while on taking on a vacation in Indonesia.
Here's how to transfer money overseas via bank, Western Union, and the PayPal app that you need to know:
How to Transfer Money Abroad
Private and government-owned banking institutions already provide services to easily send money abroad.
Of course, this service requires more costs to be able to send money abroad. Here's how to transfer money abroad via bank:
1. BCA (KlikBCA and MyBCA)
Currently, KlikBCA serves overseas money transfers such as AUD, USD, CAD, CHF, DKK, CNY, EUR, GBP, HKD, JPY, NZD, SEK, SAR, and SGD.
KlikBCA is equipped with Value Today and Full Amount features which enable overseas transactions to run in real time or be completed on the same day.
Make sure you have registered the destination account number at KlikBCA.
-Login to your KlikBCA by entering your User ID and PIN.
-Select the "Fund Transfer" menu.
-Select the "Register Destination Account" menu and select "Forex in Other Bank Accounts".
-Enter all information for Foreign Currency Transfer to Another Bank Account. Data such as destination account, amount, fees, telephone number, and coordinating branch are filled in with the branch that handles this transaction.
-Read the terms of outward remittance services, click "Agree"
-Select “Continue” to continue the transaction. Double check the sender information. The numbers entered into KeyBCA must be included in the destination account number.
-Enter the KeyBCA App 2 response and click "Continue" and check the transfer details
-Double check the data that has been filled in and make sure it is correct, click "Send"
-The transaction has been successfully carried out and proof of the transaction can be printed/saved.
Steps to send foreign currency via BCA branch office:
-Come to the nearest BCA bank.
-Say the goal is to send money abroad. Fill out the money transfer form
-Hand over the money you want to send
-Administration or delivery service fees will be deducted directly.
-Finished.
Steps to send foreign currency via myBCA:
-Open your myBCA app, click the “Transfer” menu, select “Forex Transfer to Another Bank”
-Select the destination account from the transfer list or select "Transfer to New Destination" if the destination account is not yet registered. If you select "Transfer to New Destination", fill in the Recipient's data completely according to the instructions until complete.
-The fund transfer flow is selecting the source of funds in the "From Account" option.
-Select “Destination Currency” and fill in the “Nominal” you want to transfer.
-Select "Yes" in the "Full Amount" column if the funds are to be received in full by the Recipient.
-Select "Yes" in the "Value Date Today" column if you want the funds to be received on the same day
-Select “Branch Coordinator”
-Select "Sender Category", select "Sender's Nationality", fill in "Sender's Mobile Number"
-Select “Transaction Purpose”, fill in “News”, enter “Promo Code” if any
-Click “Continue” and read the funds transfer “Terms and Disclaimers”.
-Check the box to continue authorization and click “Continue”
-Review transaction details and ensure data is correct. Click "Continue" to confirm transaction data.
-Enter the PIN to verify the transaction and the transfer is complete.
2. BNI
BNI Smart Remittance has provided the best service for sending money domestically and abroad.
Sending money from within the country to abroad using foreign currency (Outgoing Transfer) or from abroad to within the country (Incoming Transfer).
This service is supported by an extensive international network with 6 branch offices in Singapore, Tokyo, Hong Kong, Seoul, New York and London.
Steps to make a foreign exchange transfer via BNI Mobile Banking:
-Login to the BNI Mobile Banking application and enter the main page
-Select "Transfer" and select the "International Remittance" menu
-Read the terms and conditions, click next.
-Select the debit account number, select new input, select the transfer destination country, select Destination Bank, enter the destination account number/BAN, enter the recipient's name and address.
-Enter the recipient's account number into the Favorites List and enter a short name.
-Enter the nominal currency you want to transfer. In US Dollar/Euro/Australian Dollar/Singapore Dollar.
-Select the Correspondent Bank Fee load.
-Select the transaction destination
-Enter the validation page.
-Enter the transaction password.
-Click continue and the transaction is complete.
3. BRI (Brimo)
BRIFast Remittance is a service for sending foreign currency domestically and abroad from BRI Bank.
BRIFast Remittance accepts transactions in 130 currencies worldwide such as USD, GBP, AUD, EUR, SGD, and JPY.
Steps to transfer money abroad via the BRImo app:
-Login to the BRImo application by entering your username and password
-Select “International Transfer”.
-If the destination account is not yet on the "Last Transfer List", select the "New Transfer" menu
-Enter the destination country.
-Type the amount of funds you want to send in "Nominal Received" to find out the total information required in IDR form.
-In Shipping Line, select the Shipping Method you want to use.
-Several shipping route options will appear. Transfer to Bank Account, Cash Withdrawal, or Transfer to Digital Wallet.
-Enter data on the transfer recipient, sender, and destination bank account information. Make sure the information is correct.
-Read and agree to the terms and conditions for making an international transfer before confirming.
-Confirm and the transaction will be processed. Finished.
Transactions can be made directly at branch offices or sub-branch offices.
-Come to the nearest BRI Bank branch office or sub-branch office.
-Fill in the money transfer form including the recipient's full name, destination account number and destination bank.
-Provide fund cover and pay fees determined by BRI Bank.
4. Mandiri
Steps for transferring foreign currency abroad using the Livin by Mandiri app:
-Login to your Livin account and select the "Forex Transfer" menu.
-Read the Terms and Conditions, select “I Agree”.
-Enter the transfer amount, select "Continue".
-Complete the transfer recipient data such as customer type, recipient name, account type, account number, recipient email, and other information.
-Confirm transaction data then select “Transfer”.
-Enter your Livin PIN.
-The transfer was successful and to see the transaction status, click "Check Transfer Status".
