HK to IDN Major Apps Fee Comparison 2025

In 2025, transferring money from Hong Kong (HK) to Indonesia (IDN) is easier than ever, thanks to a variety of international money transfer apps. However, choosing the best app for your transfer can be challenging, especially when it comes to fees and exchange rates. This article compares the major apps offering cross-border remittance services from HK to IDN, helping you make informed decisions while saving on fees.

1. Understanding the Cost Factors

When sending money internationally, several factors determine the overall cost:

• Transfer Fees: These can vary depending on the service provider, payment method, and the amount being sent.
• Exchange Rates: The rate at which your money is converted into the recipient’s currency can significantly impact the final amount received.
• Receiving Fees: Some services may charge a fee when the recipient receives the funds.
• Transfer Speed: Faster transfers may come at a higher cost.

2. Major Money Transfer Apps for Sending from HK to IDN

Here’s a detailed comparison of the fees, exchange rates, and features for some of the most popular money transfer apps in 2025:

Panda Remit

Panda Remit is a top choice for sending money from HK to IDN due to its low fees and high exchange rates. The platform offers:

• Zero Transfer Fees for New Users: Panda Remit’s first-time users can enjoy free transfers with no hidden costs, making it an ideal choice for those sending money for the first time.
• Competitive Exchange Rates: Panda Remit offers some of the best exchange rates in the market, ensuring that your recipient gets the most value for their money.
• Fast Transfers: Transfers via Panda Remit are processed quickly, often in a matter of hours, depending on the payment method.
• Convenience: You can send money from your smartphone or desktop, and your recipient can receive it directly into their bank account or pick it up in cash at partnered locations.

Example: Sending HKD 1,000 to Indonesia through Panda Remit with zero fees and a competitive exchange rate of 1 HKD = 1,900 IDR will result in your recipient receiving IDR 1,900,000.

Wise (formerly TransferWise)

Wise is known for its transparency and competitive fees, with the following features:

• Low Transfer Fees: Wise charges a flat fee depending on the amount you send. For smaller amounts, fees may be higher percentage-wise, but it is often cheaper for larger transfers.
• Mid-Market Exchange Rate: Wise uses the mid-market exchange rate, which is the real exchange rate, without any markup.
• Fast Transfers: Wise transfers typically take 1–2 business days.

Example: Sending HKD 1,000 through Wise would cost around HKD 20 in fees, with the recipient receiving approximately IDR 1,880,000 (depending on the current exchange rate).

Remitly

Remitly offers multiple transfer options, with the following details:

• Fees: Remitly has two types of transfer options—Economy and Express. Economy is cheaper, but the transfer takes a few days, whereas Express is faster, but at a higher cost.
• Exchange Rates: Remitly’s exchange rates are competitive, but they tend to mark up the rates slightly compared to the mid-market rate.
• Transfer Speed: With the Express option, transfers can be completed in minutes, while Economy transfers take 3-5 business days.

Example: A transfer of HKD 1,000 via Remitly Express would incur a fee of around HKD 50, and the recipient would receive about IDR 1,850,000, depending on the current exchange rate.

Western Union

Western Union has been a staple in the money transfer industry for decades and offers the following features:

• Transfer Fees: Western Union fees are higher compared to other services, especially when using the cash pick-up option.
• Exchange Rates: Western Union’s exchange rates are typically lower than the mid-market rate.
• Transfer Speed: Transfers can be done instantly or take up to a few days, depending on the payment and delivery options.

Example: Sending HKD 1,000 through Western Union could cost up to HKD 100 in fees, with the recipient receiving approximately IDR 1,800,000.

3. Practical Tips for Saving on International Transfers

Here are some tips to save on your money transfer from HK to IDN:

• Choose the Right Transfer Method: Depending on how fast you need the money to arrive, you can opt for an express transfer or a slower, cheaper option.
• Take Advantage of Zero-Fee Offers: Panda Remit offers zero transfer fees for new users—take advantage of this to save on your first transfer.
• Compare Exchange Rates: Even small differences in exchange rates can have a significant impact on the amount your recipient receives. Always check the exchange rate before confirming the transfer.
• Consider Bank Transfers: If you’re not in a rush, transferring money to your recipient’s bank account can often be cheaper than other methods, such as cash pickup.

4. Conclusion

In 2025, there are numerous ways to send money from Hong Kong to Indonesia, with each service offering unique features and fees. Panda Remit stands out due to its zero fees for new users, competitive exchange rates, and fast transfers, making it an excellent choice for first-time users. By comparing fees and exchange rates carefully, and taking advantage of promotions like Panda Remit’s zero-fee offer, you can save money and ensure your recipient gets the most value.

FAQ

What is the best app for sending money from HK to IDN?

While it depends on your priorities, Panda Remit is a great option for its low fees, high exchange rates, and fast transfers, especially for first-time users.

Do I need to pay a fee for the first transfer with Panda Remit?

No, Panda Remit offers zero fees for first-time users, making it an excellent choice for new customers.

Which app has the best exchange rates for sending money from HK to IDN?

Panda Remit generally offers some of the best exchange rates, especially for first-time transfers, but it's always a good idea to compare rates across different platforms before sending money.