Currency Exchange in Indonesia

Currency exchange Indonesia is quite challenging, with Indonesian moneychangers and banks being very particular about the physical condition of bills. Finding the best rates may also be difficult, but with some patience and good judgment, one will be able to fine a money changer or bank that offers a highly competitive rate.Expats can expect major changes to take place in their daily lives upon moving in a new country. One of the important new aspects that expats will face is often related to currency, money transfer and Currency Exchange in Indonesia. Because the market can be unpredictably volatile, there is an even greater need to take cautious steps when looking for Currency Exchange in Indonesia. In this section, you will find the best resources to help you when searching Currency Exchange in Indonesia. Foreign exchange specialists are here to help you.

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Currency Index is an award-winning online brokerage company highly preferred by expatriates in Indonesia. Its low exchange rates and zero hidden fee/commission rule gives it an edge against traditional high street banks. Currency Index is authorized by the HMRC and FCA, and has only the most experienced and dedicated account managers on its team.
Margin
0.60%
Margin description
0.25% - 0.60% (Depending on volume)
FSA
Yes
HM REV & Customs
Yes
Free
£7 or £12 - No fee for transfers above £30,000
Min
No minimum
Currencies
Wide range of major and exotic currencies
Options
Bank to Bank Transfers, Spot, Forward contract, Limit or Stop Loss Order
Moneycorp is a forex company providing services to people and corporations in Indonesia and around the globe. The firm also offers bulk foreign notes along with travel money services with the help of select airlines and travel agencies. Moneycorp is HMRC-registered as a Money Service Business covered by money laundering policies.
Margin
0.6%
Margin description
0.25% - 1% (Depending on volume)
FSA
Yes
HM REV & Customs
Yes
Free
£0
Min
£1,000 or £250 Regular Payments
Currencies
76 Currencies
Options
Bank to bank - one off or regular payments