🇮🇪→🇮🇩
Send Money from Ireland to Indonesia
Irish companies and tech firms paying Indonesia suppliers. Send EUR from Ireland, receive IDR in Indonesia with t+0 (2.3s avg within unicorn network).
✓ Competitive Advantage: Local EUR collection + local IDR delivery = no correspondent bank fees
Save £2,320 per £100k Payment
Ireland to Indonesia corridor savings
Traditional Bank
£2,825
- ❌ 2-3 day settlement
- ❌ Multiple correspondent banks
- ❌ Hidden FX margins
- ❌ High SWIFT fees
Unicorn Currencies
£505
- ✓ T+0 (2.3s avg within Unicorn network)
- ✓ Local EUR collection
- ✓ Transparent 0.5% spread
- ✓ BI-FAST
Your Savings
82%
£2,320 per £100k
At £300k-£3M monthly, save £5,806/year
Sending from Ireland: What You Need to Know
EUR Origin Specifics
- Ireland uses EUR currency
- SEPA instant payment network
- GDPR compliance required
Your Local Advantages
- Local EUR account available
- SEPA (Single Euro Payments Area) instant collection
- No correspondent bank fees on origin side
Local Collection Method
SEPA (Single Euro Payments Area)
T+1 • European instant/standard payments. Covers 36 countries.
Paying Suppliers in Indonesia: Compliance & Requirements
Regulatory Considerations
- Bank Indonesia FX regulations
- Indonesian Customs documentation
- VAT (11%) on imports
- OJK (Financial Services Authority) oversight
Payment Best Practices
- Indonesia = Largest palm oil producer, textile exporter
- BI-FAST enables instant IDR settlement
- Jakarta + Surabaya = Main business hubs
- Island logistics - consider shipping times
Destination Settlement
T+0 (2.3s avg within Unicorn network)
via BI-FAST
Ireland → Indonesia Corridor Insights
Popular Industries
- Palm Oil
- Textiles
- Coal
Peak Trading Hours
CET (GMT+1) to GMT time zone consideration
Best for rate execution and faster settlement
Typical Volume
£50k-£250k
Average transaction size for this corridor
Monthly volume: £300k-£3M
Compliance Notice: Subject to sanctions and compliance screening. Certain industries and countries not supported.
Ready to Send EUR from Ireland to Indonesia?
Save 82% on every payment with t+0 (2.3s avg within unicorn network). Local EUR collection available.
Bank of Canada registered PSP | FINTRAC licensed MSB