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How to Transfer Money to Indonesia from Malaysia, This 3 Simple Methods

Discover three convenient and reliable methods how to transfer money from Malaysia to Indonesia, via bank transfers, Western Union, and digital wallets. 

How to Transfer Money to Indonesia from Malaysia

In today's interconnected world, transferring money across borders has become increasingly important. 

Whether you're sending funds to family members, paying for business transactions, or covering travel expenses, it's essential to find a reliable and cost-effective method to transfer money from Malaysia to Indonesia. 

This comprehensive guide will walk you through three simple methods to help you make informed decisions for your international transactions.

1. Transfer Bank

Are you looking to transfer money from Malaysia to Indonesia but unsure of the process? 

You've come to the right place! In this comprehensive guide, we'll walk you through the step-by-step process of transferring money between these two countries using the SWIFT code system. 

Save time, effort, and avoid complications by following our simple instructions.

What is a SWIFT Code?

SWIFT stands for Society For Worldwide Interbank Financial Telecommunication. 

It is an international standard used for bank transactions and money transfers between banks worldwide. 

The SWIFT code, sometimes referred to as the Bank Routing Number, is an essential component when transferring money between countries.

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SWIFT Codes for Major Indonesian Banks

Bank Mandiri: BMRIIDJA


Bank Indonesia: INDOIDJA

Bank Danamon: BDINIDJA

Bank International Indonesia: IBBKIDJA




Now that you're familiar with the SWIFT code concept, let's dive into the step-by-step process of transferring money from Malaysia to Indonesia.

Step 1: Locate the Nearest Bank in Malaysia

First, find the nearest bank in Malaysia where you can perform an international money transfer. 

Before you leave, make sure you have your identification card and the amount of money you wish to transfer.

Step 2: Request an International Money Transfer Slip

Once you arrive at the bank, take a queue number and inform the security officer that you want to make an international transaction to Indonesia. 

They will either provide you with an international money transfer slip or direct you to where you can obtain one.

Step 3: Fill Out the Transfer Slip

Fill out the transfer slip with the relevant details, including the recipient's bank name, account number, SWIFT code, and the bank's branch code. 

Ensure you use the correct SWIFT code for the destination bank in Indonesia.

For example, if you want to transfer money from Malaysia to Indonesia via Bank BRI, your slip should look like this:


Explanation: "BRINIDJA" is the SWIFT code for Bank BRI, and "234" is the bank's branch code in Indonesia.

If you don't know the branch code, you can search for it on Google.

Step 4: Wait for the Transfer to Complete

The transfer process typically takes 3 to 7 days for the money to arrive in the recipient's account in Indonesia. 

This time frame is due to the currency conversion from Malaysian Ringgit to Indonesian Rupiah based on the exchange rate at the time of the transfer.

Step 5: Be Prepared for Transfer Fees

Transfer fees may apply, usually starting from IDR 50,000, depending on the bank's policy. 

The bank teller will inform you of the applicable fees during the transaction.

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2. Western Union

Sending money from Malaysia to Indonesia is a breeze with Western Union, a trusted and reliable method for international money transfers. 

In this comprehensive SEO guide, we'll provide a step-by-step walkthrough on how to transfer funds between these two countries using Western Union's services. 

Follow our detailed instructions to ensure a smooth and secure transaction.

Step 1: Find a Western Union Agent Location

To initiate a money transfer, locate the nearest Western Union agent location in Malaysia. 

You can search for agent locations using the Western Union website or mobile app. 

Alternatively, you can visit popular banks, post offices, or licensed money changers that offer Western Union services.

Step 2: Prepare the Necessary Documents and Information

Before heading to the Western Union agent location, ensure you have the following:

Valid government-issued photo identification (e.g., passport, driver's license)

Recipient's full name (as it appears on their government-issued identification)

Recipient's address and phone number

Amount of money to be transferred

Step 3: Complete the 'Send Money' Form

Once you arrive at the Western Union agent location, request a 'Send Money' form. 

Fill in the required details, including the recipient's full name, address, phone number, and the amount you wish to transfer.

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Make sure you provide accurate information to avoid any delays or complications in the transfer process.

Step 4: Submit the Form and Pay the Transfer Amount

Submit the completed 'Send Money' form to the Western Union agent, along with your valid identification. 

Pay the transfer amount and any applicable fees. The agent will then process your transaction and provide you with a Money Transfer Control Number (MTCN).

Step 5: Share the MTCN with the Recipient

Notify the recipient of the MTCN, which they will need to collect the money in Indonesia. 

It is crucial to share this information only with the intended recipient for security reasons.

Step 6: Collecting Money in Indonesia

The recipient can collect the money at any Western Union agent location in Indonesia. 

They will need to provide their valid government-issued identification, MTCN, and the sender's full name and address. 

After verifying the details, the agent will release the transferred funds to the recipient.

3. Via Wise

Wise, formerly known as TransferWise, is a popular platform for sending money abroad, offering competitive exchange rates and low fees. 

In this comprehensive SEO guide, we will walk you through the process of transferring money from Malaysia to Indonesia using Wise. 

By following our step-by-step instructions, you can quickly and securely send funds to your recipient in Indonesia.

Step 1: Create a Wise Account

To begin, visit the Wise website or download the Wise mobile app. 

Sign up for a free account by providing your email address, creating a password, and entering your personal information. 

You will need to verify your identity with a government-issued ID, such as a passport or driver's license.

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Step 2: Start a New Transfer

Once your account is set up, log in and click on "Send Money" to start a new transfer. 

Choose the currencies for your transfer (Malaysian Ringgit to Indonesian Rupiah) and enter the amount you wish to send.

Step 3: Provide Recipient Details

Next, enter the recipient's full name and bank account details, including their account number and bank code. 

Make sure the information is accurate to avoid delays or complications.

Step 4: Choose a Payment Method

Select your preferred payment method for the transfer. 

Wise offers multiple options, including bank transfers, debit cards, and credit cards. 

Keep in mind that each payment method may have different processing times and fees.

Step 5: Review and Confirm Your Transfer

Review the details of your transfer, including the recipient's information, the amount to be sent, the exchange rate, and any applicable fees. 

If everything looks correct, click "Confirm" to initiate the transfer.

Step 6: Track Your Transfer

Wise will provide you with an estimated delivery date for your transfer. 

You can track the progress of your transfer through your Wise account or via email notifications. 

Once the transfer is complete, you will receive a confirmation email.

Step 7: Inform Your Recipient

Notify your recipient that the transfer has been initiated and provide them with the estimated delivery date. 

This will help them prepare to receive the funds in their Indonesian bank account.


In conclusion, choosing the best method how to transfer money from Malaysia to Indonesia depends on factors such as speed, convenience, fees, and the amount being transferred.

By understanding the pros and cons of each option, you can make the best choice for your specific needs and enjoy seamless international transactions.

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