Personal Finance & Money Asked by Pani on January 23, 2021
I am a Saudi citizen, my wife is Indonesian and I am buying a house in Jakarta. I am having hard time finding a way to transfer the money (1.25 billion IDR), roughly ($100k USD) to Indonesia. It seems that there’s a limit on most services (25k-30k SAR) either a monthly limit (such as western union, moneygram), or a per transaction limit (5k for moneygram).
I just need to transfer the money at once to our bank account in Indonesia. How can I do that legally and without any hassles?
I just called the customer service of a real bank, not a money transfer service. It seems that the limit is on the electronic transactions only. If you show up at the bank the limits tend to be huge or do not exist (the bank rep. just told me that he is not aware of a limit in this specific bank).
Answered by Pani on January 23, 2021
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