Where to Exchange Money in West Jakarta: 5 Secure and Reliable Options
If you are wondering where to exchange money in West Jakarta, you are not alone. This part of the city is always buzzing with busy malls, corporate buildings, and plenty of hotspots for travelers
So, if you’ve just landed and need some Rupiah, or you are Jakartans preparing for a trip abroad, knowing a trusted place to exchange your cash is a must..
That’s exactly why we put together this guide, which is to help you navigate your options and find the best spots for where to exchange money in West Jakarta.
Let’s explore your best choices!
Best Places to Exchange Money in West Jakarta
When it comes to exchanging money in this area, there are the big, reliable banks, those handy booths in the malls, and even some smaller, independent money changers that often have really good rates.
To simplify things, we have broken down the top five choices, focusing on what is key when deciding where to exchange money in West Jakarta based on security, convenience, and trust.
Let’s dive into the details and figure out which money exchange spots made the cut and why they are the best!
1. Authorized Money Changers in Shopping Malls
This is one of the most secure and convenient places when it comes to where to exchange money in West Jakarta.
Located inside the shopping malls, it provides a safe environment with competitive exchange rates.
Here are some of the options:
1. Central Park Mall & Taman Anggrek Mall
These premium shopping centers house reputable money changers such as Dua Sisi and VIP Money Changer, which offer competitive exchange rates with low commission fees.
Some locations allow cash and card transactions, making them a great choice for travelers. The exchange rates here are updated daily, with spreads usually ranging from Rp100 – Rp200 per USD, depending on the currency.
2. Mall Ciputra
This mall has smaller exchange booths, but they are known for offering better rates than airport counters. If you need to exchange money while shopping or dining, this is a convenient and safe option.
Spreads at these money changers range between Rp80 – Rp150 per USD.
Insider Tip:
Some small money changers offer special rates for transactions above Rp10,000,000, so ask if bulk exchange discounts apply before committing.
2. Independent Licensed Money Changers
If you are looking for higher exchange rates, independent licensed money changers are a great alternative.
These locations often offer better deals than banks or malls, but require careful selection to avoid fraud. Always check for Bank Indonesia licensing before proceeding.
Here are our handpicked top spots you won’t want to miss!
1. VIP Money Changer
A well-known chain in Jakarta with a reputation for fair rates and transparency. Their West Jakarta branch provides currency conversion for USD, EUR, SGD, and JPY.
2. Dolarindo Money Changer
This trusted independent exchanger offers some of the best rates in Jakarta, especially for high-value transactions. They specialize in bulk exchange and business transactions.
Insider Tip:
Always count your money before leaving. Unlike banks, independent money changers don’t provide digital receipts, so double-check the amount received.
3. Bank Currency Exchange Services
For maximum security, exchanging money at major Indonesian banks is highly recommended. While banks don’t always offer the highest rates, they ensure accurate transactions with official receipts.
Here are the top spots we highly recommend you explore!
1. BCA & Mandiri Bank (SCBD, Senayan)
These leading Indonesian banks provide currency exchange services with stable rates and verified transactions. Some branches even offer ATM-based currency exchange, allowing you to withdraw foreign currency directly.
2. BNI Bank (West Jakarta branches)
Ideal for those who prioritize security and reliability, BNI provides transparent exchange rates but may require additional identification for large transactions. Some branches inside malls extend their working hours.
Insider Tip:
Banks may require passport identification for foreign transactions above Rp5,000,000.
4. ATMs and Digital Money Exchange Options
For travelers who prefer cashless transactions, international-friendly ATMs are a convenient option. Many ATMs in shopping malls, hotels, and business districts allow direct withdrawals in Indonesian Rupiah using foreign debit or credit cards.
Check this out!
1. BCA & Mandiri ATMs
Available in all major malls and business areas, these ATMs allow you to withdraw cash directly at live exchange rates. However, some international cards may incur a foreign transaction fee.
- Accepted Cards: Visa, Mastercard, UnionPay
- Transaction Fee: Rp50,000 – Rp100,000 per withdrawal
2. Digital Money Exchange Platforms (Wise, Revolut, PayPal)
These services offer competitive real-time rates and allow you to convert and store multiple currencies before withdrawing in cash. While convenient, they may have withdrawal limits.
- Estimated Exchange Rate: Mid-market rates with a 1% – 2% service fee
Insider Tip:
ATMs in tourist-heavy areas tend to run out of cash quickly during weekends, so plan withdrawals in advance.
Tips for Getting the Best Exchange Rates
Exchanging currency may seem straightforward, but small mistakes can lead to unfavorable rates, hidden fees, or even security risks. To ensure you are getting the best deal, it is important to do some quick research and compare your options.
Exchange rates can fluctuate daily, and certain locations, such as airport kiosks or unlicensed street money changers often impose higher markups. Additionally, some services charge commission fees or provide a lower rate for small transactions, making it essential to plan your currency exchange strategically.
So, to maximize your money’s value, follow these small tips:
1. Compare Rates Before Exchanging
Use currency converter apps like XE or Wise to check real-time rates.
2. Avoid Airport Money Changers
Airport counters charge high spreads and hidden fees—city money changers are cheaper.
3. Bring a Passport for Large Transactions
Some locations require ID for exchanges above Rp5,000,000.
4. Exchange in Larger Amounts
Many money changers offer better rates for bulk transactions above Rp10,000,000.
5. Watch for Fake Bills
Only exchange money at licensed locations to avoid counterfeit currency risks.
Where to Stay for Easy Access to Money Exchange Locations
Choosing the right hotel not only ensures you get an easy access to money changers, but also
For a comfortable and well-located stay, choosing the right hotel ensures easy access to money changers and financial hubs:
1. Ashley Tanah Abang
Best for travelers exchanging money at Central Park, Taman Anggrek, and Mall Ciputra, just 20–30 minutes away.
2. Ashley Wahid Hasyim
A strategic option for those using banks and independent money changers, approximately 20–30 minutes away.
3. Ashley Sabang
Ideal for travelers relying on ATMs, digital exchanges, and mall money changers, just 15–25 minutes away.
With multiple hotel locations catering to different occasions, Ashley Hotels provide comfort, convenience, and accessibility to ensure a smooth and stress-free trip in West Jakarta.