How to pay a team in Indonesia from the US, Canada, the UK or Europe (2026 guide)

Short answer. You add the Indonesian recipient once, type the amount in dollars or rupiah, and Storspay delivers rupiah to their bank account — BCA, Bank Mandiri, BNI — at the mid-market rate for 1% all-in (minimum US$2), usually within minutes. A bank wire for the same payment costs 5–7% once the FX spread is counted and takes three to five days.

Who pays teams in Indonesia — and what goes wrong with wires

Businesses in North America, the UK and Europe pay software and design agencies, Bali-based creative studios and developers, furniture, textile and handicraft manufacturers, coffee, cocoa and spice exporters, customer-support teams in Indonesia, concentrated in Jakarta, Bandung, Surabaya, Yogyakarta and Bali. Most of them still do it by international wire: the sending bank charges a fee, a correspondent bank takes a cut in the middle, the receiving bank converts at a rate nobody saw in advance, and the recipient gets a number that does not match the invoice — three to five days later.

Storspay removes the chain. You fund a balance in your own currency, Storspay converts once at the mid-market rate and delivers rupiah over BI-FAST. The 1% is the only cost and it is shown before you confirm. The recipient receives what the invoice says.

What is different about Indonesia

Indonesia is Southeast Asia's largest economy and a bank-account market: salaries and supplier invoices are paid to BCA, Mandiri, BNI or BRI accounts, and the domestic BI-FAST rail moves money in seconds. Rupiah amounts are large (a US$1,000 invoice is roughly Rp 18 million), so the exact figure matters and a rate that is a few per cent off is visible to everyone. Storspay quotes the mid-market rate, shows the 1% on its own line, and the recipient's bank sees an ordinary domestic credit in rupiah.

How a payment to Indonesia works on Storspay

1. Fund your balance in USD (ACH or wire), CAD (Interac e-Transfer or EFT), GBP (UK bank transfer) or EUR (SEPA) — to account details in your own business name. Funding is free.
2. Add the recipient once: their name as it appears on the account, the bank (BCA, Bank Mandiri, BNI, BRI, CIMB Niaga, Permata and the other BI-licensed banks) and the account number. Storspay checks the account name before you confirm.
3. Type the amount in either box. Enter what you want to send and see the rupiah that land, or type the rupiah figure on the invoice and see what it costs you. The rate is the mid-market rate; the 1% is on its own line.
4. Confirm. The money goes over BI-FAST and usually lands within minutes — the same business day at most. The recipient gets a notification with the exact amount, and you get a receipt with the invoice reference.

Nobody in Indonesia has to sign up, install an app or touch anything other than their own bank account. Everything on the recipient side looks like an ordinary domestic transfer.

What it costs

Storspay charges 1% all-in on payments to Indonesia, with a minimum of US$2, at the mid-market rate. That one line covers conversion, settlement and delivery; there is no FX markup, no intermediary-bank charge and nothing deducted on the recipient side.

Rates in this guide are the mid-market rate on the day of writing (1 USD = 17,893.30 IDR); the calculator on the homepage shows today's. Large payments are split automatically under the local channel cap, under one reference and one fee.

See what your team in Indonesia receives →

Questions businesses ask before the first payment to Indonesia

Can I pay several people in Indonesia at once?

Yes. Run Payroll takes a batch — type each amount, or upload a CSV — and shows one fee line and one total. Each person receives their own transfer and their own notification.

Do I have to pay in US dollars?

No. Fund in USD, CAD, GBP or EUR; Storspay converts once at the mid-market rate from whichever balance you choose and the recipient sees only rupiah.

What does the recipient see?

A domestic credit from a local bank, a notification from Storspay with the exact amount and your reference, and nothing to sign up for.

Which Indonesian banks can you pay?

Any bank licensed by Bank Indonesia — BCA, Mandiri, BNI, BRI, CIMB Niaga, Permata, Danamon and the rest. You enter the account number and the bank; Storspay verifies the account name before you confirm.

Why does the rupiah amount look so large?

Because the rupiah is a small unit — roughly Rp 18,000 to the dollar. Storspay shows the full rupiah figure with the mid-market rate on the same screen, so you and the recipient read the same number.

Can I pay a GoPay, OVO or DANA wallet?

Not today. Storspay pays bank accounts in Indonesia; e-wallets are on the roadmap. Most wallet users also have a bank account at BCA, Mandiri, BNI or BRI.

Who this is for — and who it is not for

Storspay is for businesses and organisations: companies, agencies, schools, hospitals, facilitators, foundations and sole traders paying other businesses and professionals for work, goods and services. A sole trader counts as a business and signs up in their own name.

What Storspay is not is a personal money-transfer service. We do not open personal accounts, and every payment has to be a business transaction: an invoice, a contract, a fee note, work delivered. Money to family and personal transfers are not what this is, and we would rather say so now than at verification.