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remmitance

Mega Remittance

Benefits of Foreign Exchange Transaction With Mega Remittance:

  • Same Day Value Transaction (delivery on the same day*
  • A very competitive currency exchange rate
  • Longer transaction time limit (compatible cut-off time)

Foreign Exchange Transfer Products:

Outgoing Transfer - Telegraphic Transfer (TT)

For outgoing transfer services, Bank Mega offers foreign currency delivery service in several major foreign currencies: USD, SGD, HKD, JPY, AUD, NZD, EUR, CHF, GBP, dan CNY.

Outgoing Transfer Fee - Telegraphic Transfer (TT)

Type of Fee

Valid Thru June 2nd 2025

Effective from June 2nd 2025

IDR as Sources of funds:

  • Tellex Fee
  • Provision Fee

 

IDR 50,000

-

 

IDR 50,000

-

Foreign exchange as sources of funds:

  • Tellex Fee
  • Provision Fee

 

-

1/8% (Ekuivalen Min. USD 5 - Max. USD 150)

 

-

1/8% (Ekuivalen Min. USD 5 - Max. USD 100)

 

General Provision on Outgoing Remittance Transfer:

                                                         Fee Type

Telex Fee

Provision Fee

The currency on the source of fund account is different with the currency on the receiving account (different currency transfer)

 

IDR 50,000

-

The currency on the source of fund account is the same with the currency of the receiving account (same currency transfer)

                -

1/8% (Ekuivalen Min. USD 5 - Max. USD 100)

 

Remittance Outgoing Transfer Fee:

Currency

Min. Provision Fee

Max. Provision Fee

USD

USD 5

USD 100

SGD

SGD 5

SGD 150

AUD

AUD 5

AUD 150

EUR

EUR 5

EUR 150

GBP

GBP 5

GBP 150

NZD

NZD 5

NZD 150

CHF

CHF 5

CHF 150

CNY

CNY 30

CNY 1,000

HKD

HKD 30

HKD 1,000

JPY

JPY 500

JPY 15,000

Product

Customer

Non-Customer

BENEDEDUCT: (USD, EUR, GBP, AUD, HKD, JPY, SGD, NZD)

  • Source of Funds (IDR)
  • Foreign exchange as sources of funds

 

 

  • Telex Fee
  • Telex Fee

 

 

  • USD 20
  • -

Foreign Exchange as Sources of Funds

  • Telex Fee
  • Provision Fee

 

  • IDR 50,000
  • -

 

  • IDR 0
  • 1/8% (Ekuivalen Min. USD 5 - Max. USD 150

Full Amount:

  • AUD payment
  • HKD payment
  • GBP payment

 

  • Telex Fee / Provision Fee + At Cost
  • Telex Fee / Provision Fee + At Cost
  • Telex Fee / Provision Fee + At Cost
 

Full Amount Guaranteed: USD Payment

  • Source of Funds (IDR)
  • Foreign exchange as sources of funds

 

  • Telex Fee / Provision Fee + USD 25
  • Telex Fee / Provision Fee + USD 25
 

EUR Payment

  • Source of Funds (IDR)
  • Foreign exchange as sources of funds

 

  • Telex Fee / Provision Fee + EUR 25
  • Telex Fee / Provision Fee + EUR 25

 

 

EUR 25

JPY Payment

  • Source of Funds (IDR)
  • Foreign exchange as sources of funds

 

  • Telex Fee / Provision Fee + JPY 5,000 + At Cost
  • Telex Fee / Provision Fee + JPY 5,000 + At Cost
 

SGD Payment

  • Source of Funds (IDR)
  • Foreign exchange as sources of funds

 

  • Telex Fee / Provision Fee + SGD 25
  • Telex Fee / Provision Fee + SGD 25

 

 

SGD 60

CNY Payment

  • Source of Funds (IDR)

 

  • Telex Fee / Provision Fee + CNY 170
 

 

Notes :

  1. GBP Outgoing Transfer -< 100 GBP will be charged with additional fee of 10 GBP
  2. If  the fund receiver / beneficiary located in Japan, additional “At Cost” fee will be charged
  3. If the fund receiver / beneficiary located outside of Singapore, additional fee of 30 SGD will be charged

Other Fees:

Type

Amount

Inquiry / Investigation

USD 10

Cancellation

USD 10 + Correspondent Bank Fee

Amendment

USD 10 + Correspondent Bank Fee

Incoming Transfer Fee

For the incoming transfer service, Bank Mega offers foreign currency transfer acceptance with the capability of crediting the amount to Customer’s IDR account or foreign currency account.

Currency

Incoming Charges

USD

4.00

EUR

3.00

AUD

4.00

GBP 3.00
NZD 5.00
CHF 4.00
JPY 300.00
SGD 5.00
HKD 30.00
CNY 25

Notes :

  1. Additional Charges is claim-back charges or correspondent bank charges, where the charges will be directly debited from the account of the sender (client) fits the bill of Correspondent Banks.
  2. For beneficiary residing in the territory of Japan, there is additional fees charged to customers by debiting the appropriate correspondent bank bill.
  3. For beneficiary which are outside the area of Singapore that there is an additional charge of SGD 30 will be charged to the customer.

Bank Draft

Enjoy the ease of Bank Mega’s Bank Draft issuance, where the transferred amount will be received in full with only Tellex Fee to pay. This service is offered in several currencies: USD, AUD, and SGD.

Bank Draft Issuance Fee:

Fee Type

Amount

Provision Fee and Commission Fee

IDR 50.000

Telex fee

  • IDR currency origin (source of fund)
  • Foreign currency origin (source of fund)

 

  • Rp 35.000
  • Rp 50.000

Cancellation Fee

USD 20 + Correspondent Bank Fee

 

Foreign Currency Cut-Off Time*:

  1. Foreign Currency Type
  2. Cut-Off Time

*Terms and conditions apply

 

Terms and conditions:

  1. Customer need to fill the available “Domestic/International Fund Delivery Application” form, with the source of fund in the form of cash / bank notes or stored in an account (Rupiah or other Foreign Currency).
  2. Information on the receiving Bank’s SWIFT Code must be correct and accurate
  3. Specifically for EUR payment transaction to Europe and delivery of foreign currency to Middle East Countries (i.e. Kuwait, UAE, Saudi Arabia, Turkey, Lebanon & Tunisia) must be accompanied with IBAN information (International Bank Account Number) to avoid a transaction rejection dan additional fee charged by the corresponding bank
  4. Specifically for AUD payment transaction to Australia must be accompanied with BSB information (Banks State Branch) to avoid transaction rejection and additional fee charged by the corresponding bank