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rule on bringing cash into indonesia

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  • rule on bringing cash into indonesia

    whats the rule for entering indonesia with some cash. is it a max per person or a totel. for example if say someone has 4 children or ( will the limit be allowed for each and is that rule different for my indonesian wife and her children born outside indonesia and they are still small kids.

    if not reasobale amount how do i transfer my personay money . not jointed money. from where i am to indonesia before moving if i still didnt get there to open an account. please note that transfering to my wifes or her relatives account is not a comfortable option for me

    ​​​​​​​thanks again. esp to marcus i will have to be the next person to notice how helpful he is to others. thanks.

  • #2
    I don't recall that there is any limit on bringing (US dollars for me) foreign currency into Indonesia. But what is triggered is a requirement to report, ie declare, if the amount exceeds the equivalent of 100 million IDR. With today's exchange rate of approximately 14,250 IDR per 1 USD that would be in the neighborhood of $7,000. The Bank of Indonesia has to approve transfers in excess of the 100 million IDR amount, but I think that is largely for transfers out of Indonesian. (The US limit triggering reporting is $10,000.)

    If you are intending to bring foreign currency into Indonesia, be advised that Indonesian banks are extremely picking about the condition of bills they are willing to accept, as are virtually all money changers. If you decide to bring in currency, I recommend that the bring only new uncirculated notes; notes with even the slightest hint of a fold will not be accepted by banks and will be exchanged only at a discount by money changers.

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    • #3
      Originally posted by adama733 View Post
      (1) whats the rule for entering indonesia with some cash.
      (1a) is it a max per person or a totel. for example if say someone has 4 children or ( will the limit be allowed for each and

      (2) is that rule different for my indonesian wife ...

      (3) if not reasobale amount how do i transfer my personay money . not jointed money. from where i am to indonesia before moving if i still didnt get there to open an account. please note that transfering to my wifes or her relatives account is not a comfortable option for me .

      (1) First let me say that I agree with Waarmstrong . In other words , as far as I know by this Forum , there is no limit but you need to declare if you are carrying large amount of money (if I am not mistaken you will receive a arriving card specifying the limit for mandatory declaration at the port/airport of entry in Indonesia - if it didn't change , the equivalent of Rp100 million) . It is like that in my country also and I believe that in general all countries have similar requirement , both when leaving and arriving , so you better check the limit for leaving the country where you live now .

      (1a) I would guess (but not sure) that :
      - each adult person can carry up to Rp100 million ;
      - but if one person of the family carries more than Rp100 million and declare , I think the Indonesian government officers will require a proof that the money is legal . I would bring the last annual Tax Return Report and the bank statement , for example .

      (2) I think it doesn't matter if : she is your wife or not, Indonesian or not , because I think this rule is about preventing circulation of illegal money .

      (3) My first option would be to have my money in a bank that allows international money transfer trough its "internet banking system"/"online banking system" , or similar . As I heard , banks like HSBC , Citibank , Standart Chartered Bank have an even easier internal way (for accounts in the same bank - preferably accounts in US currency as you can open an account in US currency in Indonesia too) to do that remotely over the internet . Other banks may not have an internal system but would allow you to send your money remotely over the internet to any other bank in Indonesia .
      This mean , you do this money transfer (when in Indonesia) after you open your own account in an Indonesian bank .

      If you are in a small country without a bank like that , at least look for a bank that allows you to make domestic money transfer/pay bills remotely over the internet . If so you can check for companies like TransferWise to remotely transfer your money to Indonesia .

      So my advise is to bring some money with you , just enough to support you/your family until you are able to open an account in an Indonesian bank [will require you to have a resident Visa/Permit (KITAS) , and in some banks an Indonesian Tax number too (NPWP)] .


      http://www.livinginindonesiaforum.or...hlight=airport (Airport , more than Rp100 million must declare)

      http://www.livinginindonesiaforum.or...money+transfer (ways to transfer money to Indonesia)

      http://www.livinginindonesiaforum.or...-best-service? (about international transfers)

      http://www.livinginindonesiaforum.or...-bank-account? (about banks/international transfers)

      http://www.panin.co.id (exchange rates)
      http://vip.co.id (money changer , Jakarta)
      https://www.gmc.co.id/ (money changer , Bandung)
      Last edited by marcus; 5 days ago.

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