🇸🇬 → 🇮🇩 SGD → IDR
Singapore to Indonesia
SGD to IDR settled T+1 via BI-FAST — Bank Indonesia's real-time gross settlement system. BI-FAST expansion has made this corridor faster and cheaper than SWIFT for most B2B payment sizes. No correspondent intermediaries.
Corridor Details
Singapore to Indonesia
Currency Pair
SGD → IDR
Settlement Rail
BI-FAST
Settlement Speed
T+1
FX Rate Type
Mid-market + transparent spread
Use Cases
Who uses this corridor
- Marketplace seller payouts
- Offshore payroll disbursement
- E-commerce platform payments
- B2B supplier payments
Ready to send on the Singapore → Indonesia corridor?
Apply for pilot access. T+1 settlement via BI-FAST.