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Bali · Money

Money, cards and FX in Bali

How to move money between Europe and Indonesia: Wise, Revolut, fee-free cards, local bank accounts and efficient FX.

Draft · work in progress

Placeholder content — Final version will include affiliate links to Wise, Revolut and the cards that work best on the island.

Moving money to Indonesia

  • Wise: Best EUR↔IDR FX. Essential for large transfers (villa deposit, annual rent).
  • Revolut: Daily card use. Decent FX during business hours.
  • Traditional bank wires: Expensive and slow. Only when the counterparty insists on formal IBAN-to-IDR.

ATMs and physical cards

  • BCA, BNI, Mandiri ATMs usually accept foreign cards.
  • Withdrawal cap: ~2-3 million IDR (130-200 EUR).
  • ATM fee: 25,000-50,000 IDR per transaction.
  • No-fee cards: Revolut, N26 (best for EU), Wise.

Local accounts

Personal Indonesian bank account requires valid KITAS + registered address.

PT PMA corporate account opens with incorporation documents + authorised signatory visa.

Physical FX

Reliable money changers in Bali: BMC, Central Kuta Money Exchange. Avoid kiosk-style money changers in tourist areas (known scams).

Frequently asked questions

Wise or Revolut? +
Wise for large transfers to Indonesia (best real FX). Revolut for everyday card use. Most expats use both.
Can I open an Indonesian bank account without KITAS? +
Almost never. Personal Indonesian bank accounts require a KITAS. Without one, rely on Wise/Revolut and ATM withdrawals.

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