Hi,
Is it if I send 50,000,000 IDR, I will receive 49,115,00 or less?
50,000,000rp *0.99 - 385,000rp = 49,115,000rp
Can I send USD to Indonesia instead?
And what will be the fee??
thx,
Hi,
For a 50,000,000 IDR withdrawal, Quoine's fee will be 1% of that (500,000). There is also bank processing fee (taken by the banks as explained in previous post), so the actual amount you receive will be less than 49,500,000.
You can also send USD to Indonesia, but the receiving account (your bank account) needs to be able to receive USD, else the conversion fee (also taken by the bank) will be very high. Quoine's fee for USD withdrawals is 5 USD.