Updated September 2015
You can send money from Indonesia to the Philippines through:
1. BDO Remittance Partner in Indonesia:
PT Song Peng Valasindo
Batam City Square, Lantai Dasar Block C 3
No. 3 Batam Island, Indonesia
2. LANDBANK remittance partner in Indonesia:
PT Prima Express Remit
Ruko Botanical Junction, Blok h (No. 16)
Jalan Raya Joglo, Jakarta Barat
3. MAYBANK Money Express
4. Through Indonesian banks that have partnered with international money transfer operators like MoneyGram and Western Union.
Know though that NOT ALL branches of these banks offer money transfer services via MoneyGram or Western Union.
The two banks advertising that all their branches offer MONEYGRAM remittance services are:
- CIMB Niaga
- CIMB Niaga Syariah
The other banks with a number of their branches offering MoneyGram remittance services are:
- Bank Mega
- Bank of Central Asia (BCA)
- Pacto Ltd.
- Mutiara Bank
- Bank Mega Syariah
As of March 2010, MoneyGram has more than 2,500 agent locations across Indonesia including Sumatra, Borneo and Java Islands.
The Philippine banks where your recipient can pick up your cash remittance via MoneyGram are:
- Banco de Oro BDO
- Allied Bank
Your recipient must bring his/her valid ID and your MoneyGram reference number.
For direct deposit to bank accounts, click this to see a list of the 18 Philippine banks that accept direct deposit to accounts via MoneyGram.
You can send money from Indonesia through certain branches of the following banks:
- Bank Syariah Mandiri
- Bank Tabungan Negara
- Bank Rakyat Indonesia
- Bank Internasional Indonesia
- Bank Danamon
- BPD Bali
- BPR Adiartha Udiana
- Tiki JNE PT Remiten Indonesiaa
- PT POS Indonesia (postal service provider)
The Philippine banks accepting direct deposit to bank accounts via Western Union are:
- Banco de Oro (BDO)
- Bank of the Philippine Islands (BPI)
- Philippine National Bank (PNB)
- Metropolitan Bank and Trust Co. (Metrobank)
- United Coconut Planters Bank (UCPB)
- Rizal Commercial Banking Corporation (RCBC)
- Allied Bank
- Land Bank of the Philippines (LBP)
Just like the Philippines, Indonesia is more of a remittance-receiving country than a remittance-sending country. Of the $9.06 billion total remittance to the Philippines in the first six months of 2011, only $5.99 million came from Indonesia. That was less than $1 million a month. It accounted for only 0.066 percent of the total remittance to the Philippines in the first half.
how about the bank charges for a bank to bank transaction from Indonesia to Philippines how much will it cost for every $100 transfer?
Hi jovie, sorry I don’t know the exact charge, but it could cost around 5 to 7 US dollars, based on Moneygram fees. I think if you use Maybank there, the fee could be cheaper, as Maybank operates here.