Best Way to Send Money from Greece to Indonesia
Because banks shouldn't hide your money in spreads.
We expose the real cost of every transfer — the spread, the fees, the delivery time — and rank providers by what actually lands in your recipient's account. No sponsored ordering. Ever.
Which provider is cheapest to send money from Greece to Indonesia in 2026?
Hover any card to see exactly what it costs you.
How has the EUR/IDR exchange rate changed recently?
vs Traditional Banks
You save up to IDR 1549850
on a EUR 900 transfer
Wise
BEST RATEBank of America
+5% markup + $35 wire fee
Wells Fargo
+4.5% markup + $25 wire fee
Sending euros from Greece to Indonesian rupiah doesn't have to mean losing 5% to your bank. This step-by-step guide shows you how to compare providers, avoid hidden FX markups, and get more IDR into your recipient's account.
In Indonesia, recipients can access funds directly at Bank Mandiri, the country's largest financial institution. By using Wise instead of a traditional bank wire, your recipient gets approximately 869,000 IDR more on a $1,000 transfer — because digital providers pass the real exchange rate directly. Worth knowing about the local currency: Indonesia's Rp100,000 note shows independence proclamers Soekarno and Hatta — the only Indonesian note to feature two people.
Our verdict: Use a digital provider like Wise or Remitly to deliver directly to a BCA or Bank Mandiri account — you'll save 3–8% versus a Greek bank wire and the funds usually arrive within minutes via BI-FAST.
Understanding the EUR to IDR Corridor
Sending euros from Greece to Indonesian rupiah is a corridor used mostly by Greek expats working in Athens or Thessaloniki supporting family in Jakarta or Bali, retirees relocating to Indonesia, freelancers paying remote contractors, and tourists or property buyers funding stays in Bali. Before you initiate your first transfer, take ten minutes to understand the EUR/IDR rate landscape — the difference between providers can easily reach €30–€80 on a €1,000 transfer, so a little prep pays off quickly.
Step 1: Check the Real Mid-Market Rate
Open Google or XE.com and search "EUR to IDR" to see the mid-market rate — the wholesale rate banks use among themselves. Write this number down. This is your benchmark. Every quote you receive afterward should be compared against this rate, because the gap between the mid-market rate and what a provider offers you is where most of the hidden cost lives.
Step 2: Spot the Hidden Fees
When comparing providers, look at two separate numbers, not just one. First, identify the flat transfer fee (often €2–€10). Second, calculate the exchange rate markup by comparing the provider's quoted rate to the mid-market rate you wrote down. Traditional Greek banks like Piraeus, Eurobank, Alpha Bank, and the National Bank of Greece typically bake a 3–8% markup into the FX rate while showing a small or even "free" upfront fee. Always ask: "How many rupiah will actually arrive in the recipient's account?" That final number is the only one that matters.
Step 3: Compare Digital Providers Side by Side
Open accounts (or at least get quotes) from Wise, Remitly, Revolut, and WorldRemit. These digital providers consistently beat Greek high-street banks by 3–8% on the exchange rate because they use the real mid-market rate and charge a transparent flat fee. Wise tends to be cheapest for amounts above €1,000, while Remitly and WorldRemit often run promotional first-transfer rates for smaller amounts. Run the same transfer amount through each calculator and pick the one that delivers the most rupiah.
Step 4: Choose Your Delivery Method
For Indonesia, bank deposit is almost always your best option. The two largest receiving banks are BCA (Bank Central Asia) and Bank Mandiri, and virtually every major digital provider can deliver directly to accounts at both. Thanks to Indonesia's BI-FAST instant payment rail operated by Bank Indonesia, which processes real-time domestic transfers 24/7, funds typically land in the recipient's account within minutes once the provider releases them — making bank delivery the fastest last-mile option available. Cash pickup through agents like BRI or Indomaret is also possible but usually costs more.
Step 5: Pick Your Speed Tier
Most providers offer two speed options. Choose "instant" or "express" (often arriving in under an hour) when you're covering an emergency, paying a deadline-sensitive bill, or sending small amounts where the speed premium is negligible. Pick the "economy" or standard option (1–2 business days) when sending larger sums for rent, tuition, or family support — the savings on rate or fees can be meaningful, and a one-day wait costs nothing in practice.
Step 6: Mind the Regulations and Document Your Transfer
Standard banking regulations apply for sending from Greece to Indonesia, so you'll be asked for ID verification and possibly source-of-funds documentation on larger transfers, particularly above €10,000. Keep digital copies of every transfer confirmation — they help with both Greek tax records and any questions the Indonesian receiving bank might raise.
Step 7: Time the Market Smartly
Set up rate alerts in Wise or Revolut so you're notified when EUR/IDR hits a favorable level. Initiate transfers Tuesday through Thursday during European market hours (9:00–17:00 Athens time), when liquidity is highest and spreads are tightest. For amounts above €5,000, consider splitting into two tranches a week apart to average out rate volatility. Avoid transferring on weekends or major Greek and Indonesian public holidays, when rates can drift unfavorably.