Unicorn Currencies
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🇬🇧→🇮🇩

Send Money from United Kingdom to Indonesia

Businesses in United Kingdom paying Indonesia suppliers for Palm Oil. Send GBP from United Kingdom, receive IDR in Indonesia with t+0 (2.3s avg within unicorn network).

✓ Competitive Advantage: Local GBP collection + local IDR delivery = no correspondent bank fees

Save £2,320 per £100k Payment

United Kingdom 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 GBP collection
  • ✓ Transparent 0.5% spread
  • ✓ BI-FAST
Your Savings
82%
£2,320 per £100k
At £300k-£3M monthly, save £5,806/year

Sending from United Kingdom: What You Need to Know

GBP Origin Specifics

  • GBP free-floating currency
  • Post-Brexit customs documentation
  • FCA regulated payment services

Your Local Advantages

  • Local GBP account available
  • Faster Payments instant collection
  • No correspondent bank fees on origin side
Local Collection Method
Faster Payments
Instant (T+0) • UK domestic instant payments. Money available immediately.

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

United Kingdom → Indonesia Corridor Insights

Popular Industries

  • Palm Oil
  • Textiles
  • Coal

Peak Trading Hours

GMT 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 GBP from United Kingdom to Indonesia?

Save 82% on every payment with t+0 (2.3s avg within unicorn network). Local GBP collection available.

Open AccountView Indonesia Details

Bank of Canada registered PSP | FINTRAC licensed MSB