If you’ve ever sent money abroad through a bank, you know all too well how expensive the transfer fees can be, how long the process takes, and how the exchange rate can sometimes be a real letdown. Well, there are now plenty of more cost-effective and convenient alternatives available. One of them is Easylink. Easylink is a licensed international money transfer platform that could be the right choice for you if you want to send money abroad at a lower cost.
Let’s take a look at how it compares to international bank transfers!
The Difference Between Easylink and an International Bank Transfer
Easylink is a digital money transfer service that lets you send money abroad through an app, without having to go to a bank. An International Bank Transfer, on the other hand, is a conventional method that uses an interbank network (such as SWIFT) and typically involves many additional fees.
Here are some of the main differences:
| Feature | Easylink | International Bank Transfer |
| Transfer medium | Digital applications | In-person banking or mobile banking |
| Delivery time | Starting in a matter of minutes | 2–5 business days |
| Process | Online, 100% Digital | Do I need to go to the bank or fill out a form? |
| Regulations | Licensed and regulated by Bank Indonesia | Licensed and regulated by OJK/BI |
| Target audience | Individuals & Businesses | Generally for businesses and individuals |
Easylink Fees vs. International Bank Transfer Fees
One of the reasons people are switching to Easylink is the much lower shipping costs.
- Easylink: Administrative fees start at just around Rp30,000, with no hidden fees.
- Bank-to-Bank Money Transfers: Administrative fees can range from Rp150,000 to Rp500,000, not including additional fees charged by intermediary banks or deductions imposed in the recipient country.
Not only is it affordable, but Easylink’s exchange rates are also competitive. That means the recipient gets more of the money you send.
Easylink vs. Bank Payment Methods
If you use a bank, you usually have to make a manual transfer or even go to a branch in person to make a cash deposit. Meanwhile, Easylink offers a more convenient and modern payment method:
- Easylink:
- Pay via Virtual Account (VA), E-wallet, or Bank Transfer
- You can use mobile banking
- Convenient and fast—all you need is your phone
- International Bank Transfer:
- Pay at the teller window
- Through online banking, but it can be a hassle and has its limitations
- May require manual verification
How Easylink Works
You can send money abroad in just a few simple steps:
- Download and sign up on the Easylink app
- Select your destination country and the amount of money
- View cost estimates and exchange rates
- Make your payment using your chosen payment method
- The money is then processed immediately and reaches the recipient quickly
You can do all of this without even leaving home. It’s perfect for anyone who wants to send money to family, pay for college, shop, or handle international business needs.
If you're looking for a way to send money abroad that cheaper, faster, and more convenient, Easylink is the answer. Try it now and see for yourself how easy it is!
Let's download the app Easylink and start sending money now!
