Running a 50-person contractor payroll in Indonesia in one batch

Short answer. Build the list once — name, bank, account number, default amount — then each pay cycle is: open Run Payroll, confirm or edit the amounts (or upload a CSV), check the rupiah figure on each line, and confirm. Storspay sends fifty separate transfers over BI-FAST, usually within minutes, each with the recipient's own reference and notification, and charges one fee line of 1% on the total.

The list

Each recipient is added once: name as it appears on the account, bank (BCA, Bank Mandiri, BNI), account number, role, default amount and currency. Storspay verifies every account name with the bank at the moment you add it, so the list is clean before the first payroll.

The run

Open Run Payroll, pick the recipients, type amounts in dollars or rupiah per line (or upload a CSV with name, country, bank, account, amount, currency — bad rows are named, not silently dropped). The footer shows the count, the subtotal, the 1% and the total charged. Review, confirm, done. Each person gets their own transfer and their own notification; your statement shows every line with its reference.

What happens if one fails

If one account rejects the credit — closed, frozen, mistyped — that one payment is returned to your balance with the reason, the other forty-nine are unaffected, and you fix the one line and resend. Nothing is held hostage to the slowest bank.

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

Is there a limit on batch size?

No practical limit. Large individual amounts are split under the local cap automatically under one reference.

Can I mix Indonesia with other countries in one run?

Yes. One batch can pay Indonesia at 1% and Nigeria, Kenya or Mexico at 2%, each line in its own currency, one total.

Can the batch be scheduled?

Yes — set it to run on the 1st and 15th, or any dates you choose, from your balance, with the same references.

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.