What information do I need to transfer money?
You will typically need:
Recipient's name and surname
Country and city of receipt
Transfer amount
Currency of receipt (if different from the sending currency)
For some services, the recipient's phone number or email address may be required
What are the advantages and disadvantages of using a SWIFT bank transfer?
Advantages: Large amounts can be transferred securely.
Disadvantages: Longer processing time (several days), high fees from both sending and receiving banks.
Can I send money from Saudi Arabia to a bank account in Indonesia?
Yes, many international money transfer services allow you to send money from Saudi Arabia directly to a bank account in Indonesia. You will usually need the recipient’s full name, bank name, IBAN, and sometimes the SWIFT/BIC code for Indonesia banks.
Do I need a bank account in Saudi Arabia to send money to Indonesia?
Not necessarily. Many international services operating in Saudi Arabia offer cash transfers to Indonesia, so you can send money without a bank account. However, if you’re using online banking or bank-to-bank transfer from Saudi Arabia to Indonesia, an account will be required.
