How to Receive EUR and GBP Payments in Indonesia via SEPA and Faster Payments

Indonesia’s digital economy is booming, and its remote talent—from specialized programmers to skilled consultants—is capturing high-value contracts from the UK and the European Union. If you are earning in Euros (EUR) or British Pounds (GBP), you have likely run into the same frustration: traditional payment methods are slow, expensive, and erode your earnings before they even hit your bank account.

The challenge isn't just receiving money; it's receiving European money efficiently in Indonesian Rupiah (IDR). Between costly SWIFT wires, hidden bank markups, and IDR volatility, the hassle can feel overwhelming.

Fortunately, modern fintech is solving this problem. This guide shows you how to use Hurupay to receive EUR via SEPA and GBP via Faster Payments directly, protect your earnings with stablecoins, and withdraw to your local Indonesian bank account instantly and affordably.

The European Payment Problem for Indonesian Freelancers

Receiving money from the Eurozone (EUR) and the United Kingdom (GBP) using conventional banking or older fintech platforms presents three major hurdles for Indonesian remote workers:

1. High SWIFT Fees and Delays

When a client in Germany or the UK sends money via a standard wire (SWIFT), the payment must pass through multiple intermediary banks before reaching your Indonesian bank (e.g., BCA or Mandiri). Each bank often deducts a fee, leaving you with less money and forcing you to wait 3 to 7 business days for settlement.

2. The Costly Currency Conversion to IDR

Indonesian banks typically force an immediate conversion from EUR or GBP to IDR, using their own unfavorable exchange rate with significant hidden markups. You lose control over your foreign currency, and the instant conversion guarantees you keep less of your contract fee.

3. Lack of Local Payment Access

European clients and platforms prefer to pay into accounts that support regional transfer schemes:

• EUR: Requires an IBAN to receive money via SEPA (Single Euro Payments Area).

• GBP: Requires a UK Account Number and Sort Code to receive money via Faster Payments.

Without these local accounts, your clients are stuck paying higher-cost international SWIFT fees, which can make you less competitive.

Hurupay: Your Free European Accounts in Indonesia

Hurupay is a fintech platform that provides you with dedicated foreign currency accounts, allowing you to receive EUR and GBP transfers as if you had local bank accounts in Europe and the UK—all without leaving Indonesia.

1. Dedicated EUR Account with IBAN (for SEPA)

With Hurupay, you get a genuine IBAN that is compatible with the entire SEPA network. This means your Eurozone clients can pay you using a local SEPA Credit Transfer.

• Benefit: SEPA payments are standardized across 36 countries, ensuring the full amount is credited to your account without intermediary deductions or fees.

• Speed: Standard SEPA transfers are fast, and SEPA Instant transfers often arrive within seconds. Hurupay ensures your EUR is instantly ready for use.

2. Dedicated GBP Account (for Faster Payments)

Similarly, you receive a UK Account Number and Sort Code. This allows UK clients and platforms to pay you using the Faster Payments Service—the UK’s standard domestic instant transfer system.

• Benefit: Eliminates high international wire fees for UK transactions.

• Speed: Funds arrive quickly and are instantly available in your Hurupay balance.

3. Zero Account Fees

Opening your dedicated USD, EUR, and GBP accounts with Hurupay is completely free, with no minimum deposit or monthly maintenance fees, helping you keep more of your global earnings.

Secure Your Income: Stablecoin Protection from IDR Volatility

This is where Hurupay offers a critical advantage over standard multi-currency accounts: protection against currency depreciation.

When your European payment arrives, Hurupay instantly converts it into a stablecoin like EURC or USDC (Euro Coin or USD Coin).

• Protect Your Value: Instead of letting your EUR or GBP sit exposed to potential IDR depreciation, your funds are secured 1:1 against the underlying currency.

• Timing is Everything: You gain the freedom to monitor the IDR exchange rate. You decide the perfect moment to convert your Euros or Pounds into Rupiah, ensuring you maximize the value of every single transfer.

Fast Payouts: From EUR/GBP to IDR, Your Way

Once your funds are safely held as stablecoins in your Hurupay wallet, withdrawing them to IDR is fast and flexible for Indonesian users:

You control how, when, and where your money moves, giving you a smooth, end-to-end payment experience from your European client all the way to your local IDR account.

Beyond Payments: Tools for the Modern Indonesian Freelancer

Hurupay provides key features that support your entire remote business operation:

• Virtual USD Card: Need to pay for international software, UK-based tools, or European online subscriptions? Instantly issue a Virtual USD Card to handle global payments without foreign transaction fees.

• Professional Invoicing: Generate professional, branded invoices in EUR, GBP, or USD directly from the app to ensure quick and compliant client payments.

• Interest on Savings: Don't let your stablecoins sit idle. Earn competitive annual interest rates simply by holding your secure EURC/USDC funds in your Hurupay account.

The Final Verdict for Indonesian Remote Workers

If you are earning in EUR or GBP from European clients, stop allowing slow systems and hidden fees to claim your profits. Hurupay eliminates the complexity of cross-border finance by offering dedicated European banking access (SEPA/Faster Payments), securing your funds with stablecoins, and giving you instant withdrawal flexibility in Indonesia.

Ready to maximize your global earnings and gain full control over your Euros and Pounds?

Get Your Free EUR and GBP Accounts on Hurupay Today!

Download the Hurupay App on the App Store or Google Play and join the growing community of Indonesian freelancers banking globally.