Where to Exchange Money In North Jakarta: Banks, Malls & Money Changers
If you plan to visit North Jakarta, you most likely need a local currency (IDR) to make everything easy during your exploration. Whether you are a visitor needing local currency or a resident preparing for international travel, knowing where to exchange money in North Jakarta is a must.
This guide will walk you through the best places to exchange currency while ensuring you get competitive rates and secure transactions.
Let’s dive into this article and find out where to exchange money in North Jakarta!
Best Places to Exchange Money in North Jakarta
When exchanging currency, it is important to prioritize security, convenience, and competitive rates. North Jakarta has various options, including licensed money changers, bank services, and exchange booths in shopping malls.
Whether you prefer a dedicated money changer or the reliability of a bank, here are the top choices for exchanging money in North Jakarta.
1. Authorized Money Changers
One of the safest and most convenient ways to exchange money in North Jakarta is through licensed money changers. These businesses are regulated by Bank Indonesia, ensuring transparent transactions and fair exchange rates.
Here are some trusted places where you can exchange money:
1. VIP Money Changer (Pantai Indah Kapuk – PIK)
Where to exchange money in North Jakarta? Located in the heart of PIK, this money changer is a popular option for tourists and business travelers.
Known for its competitive rates and professional service, it is an ideal spot for exchanging currency in a well-frequented area.
Travel time: About 35 minutes from Ashley Wahid Hasyim.
2. Dolarindo Money Changer (Kelapa Gading)
A reputable money changer in North Jakarta, Dolarindo offers consistent exchange rates and prioritizes security. Even if exchanging large sums or smaller amounts, it provides a trustworthy service with minimal transaction fees.
Travel time: Approximately 30 minutes from Ashley Wahid Hasyim.
Insider Tip:
Always ask for a receipt when exchanging currency at a money changer. This ensures you have a record of your transaction and can help resolve any discrepancies.
2. Bank Currency Exchange Services
For those prioritizing security and reliability, exchanging money at a bank is a great option. Most major banks in Indonesia, including BCA, Mandiri, and BNI, offer currency exchange services at competitive rates.
Here are a few reliable spots for exchanging money:
1. BCA KCU Kelapa Gading
A well-established banking branch that provides efficient foreign exchange services for a wide range of currencies. Banks generally offer more stable rates compared to street money changers and provide official receipts for every transaction.
Travel time: Around 30 minutes from Ashley Wahid Hasyim.
2. Mandiri Bank (Pluit)
Another reliable choice is Mandiri Bank in Pluit, they offer secure exchange services with transparent fees. It is a great option for both tourists and business travelers.
Travel time: About 35 minutes from Ashley Wahid Hasyim.
Insider Tip:
Banks usually have shorter operating hours than money changers. Check their schedules in advance to avoid missing out on exchange services.
3. Exchange Money at Malls and Hotels
For convenience, many shopping malls and hotels in North Jakarta have currency exchange services, making them a practical option for travelers who prefer exchanging money while shopping or dining.
1. PIK Avenue Mall
If you are in the Pantai Indah Kapuk area, this mall has a few licensed money changers offering competitive rates. These exchange counters operate during mall hours, making them accessible for tourists.
Travel time: Approximately 35 minutes from Ashley Wahid Hasyim.
2. Mall of Indonesia (MOI) & Summarecon Mall Kelapa Gading
These malls in Kelapa Gading house money exchange booths that are easy to locate. While these locations offer convenience, it is still advisable to compare rates with standalone money changers.
Travel time: About 30 minutes from Ashley Wahid Hasyim.
Insider Tip:
Money changers in malls may have slightly higher rates due to convenience fees. If exchanging a large sum, compare rates with independent money changers first.
Tips for Safe and Smart Currency Exchange
When exchanging money, safety and getting the best value should always be your top priorities.
Here are some key strategies to guarantee a smooth and secure currency exchange experience in North Jakarta:
1. Compare Exchange Rates in Advance
Before exchanging money, research the latest exchange rates online or via currency converter apps. Compare rates between different money changers, banks, and mall counters to find the most competitive offer. Some exchange services provide live rate updates on their websites or social media pages.
2. Prioritize Licensed Money Changers and Banks
To avoid scams or counterfeit currency, always exchange money at authorized providers such as:
- Licensed money changers regulated by Bank Indonesia (e.g., VIP Money Changer, Dolarindo Money Changer).
- Major banks like BCA, Mandiri, and BNI, which offer secure and transparent transactions.
- Mall-based exchange counters with reputable operators.
Avoid street vendors or unauthorized exchangers that offer unusually high rates, as they often come with hidden risks.
3. Check for Hidden Fees and Commission Charges
Some money changers charge commissions or offer slightly lower rates than advertised. Always confirm if there are any service fees before proceeding with the exchange.
Banks generally have transparent fees, but may require additional paperwork, so check their policies beforehand.
4. Always Count Your Money Before Leaving the Counter
Once the exchange is complete, count your money immediately in front of the cashier to ensure you received the correct amount. Some exchange booths provide counting machines to verify large amounts. If there is a discrepancy, report it before leaving the counter.
5. Be Cautious with Large Transactions
If exchanging a large sum, consider doing so at a bank for added security. Alternatively, split the exchange into smaller transactions at different money changers to reduce risk. If carrying large amounts of cash, store it securely and avoid displaying it in public.
Insider Tip:
Avoid exchanging money at airports unless necessary. Their rates tend to be less favorable compared to money changers in the city.
Travel Times from Ashley Hotel to Exchange Spots
Based on current Google Maps data, here are the approximate travel times from Ashley Wahid Hasyim to notable where to exchange money in North Jakarta:
1. VIP Money Changer in Pantai Indah Kapuk (PIK)
Conveniently located for tourists and business travelers, about a 35-minute drive*** from the hotel.
2. Dolarindo Money Changer in Kelapa Gading
Offers consistent rates and secure transactions, approximately a 30-minute drive*** away.
3. BCA KCU Kelapa Gading
Provides efficient foreign exchange services, around a 30-minute drive*** from the hotel.
4. Mandiri Bank in Pluit
Known for reliable services, about a 35-minute drive*** from the hotel.
Please note that actual travel times may vary depending on traffic conditions.
Find the Best Exchange Spot & Enjoy a Convenient Stay
Finding where to exchange money in North Jakarta doesn’t have to be complicated. No matter if you choose a licensed money changer, a bank, or a mall counter, prioritizing security and favorable exchange rates is key.
When you stay at Ashley Hotel, you will find reliable money exchange services nearby, making your stay smooth and hassle-free.
Take a look at the great services we offer here!