🇸🇬SGD to 🇮🇩IDR
Singapore-Indonesia is one of the most frequently traveled and most heavily remitted corridors in ASEAN. Banks quote 200–300 bps spreads; LPs on Sera collect a meaningful share of that gap.
Indicative figures from trailing 30-day flow. Not a guarantee of returns. See full disclaimer below.
How a SGD → IDR payment moves through Sera.
Sender funds via PayNow into a Sera virtual account; SGD is converted to XSGD; Sera's SOR routes XSGD ↔ IDRT through your liquidity; IDRT is redeemed into IDR and pushed via BI-FAST to the recipient's bank or e-wallet.
Real-time on both sides.
Sera plugs into the local instant-payment networks on both ends so the flow stays settled in seconds, not days.
- Real-timePayNowBank/mobile addressable
- Real-timeFASTDomestic interbank
- Real-timeBI-FASTBank Indonesia rail
- Real-timeQRISQR-code interop
- Maid remittance
- SME payroll
- Tourism payouts
- Wise-style remit apps
- ASEAN e-commerce checkout
You earn the FX spread on every SGD/IDR swap.
Deposit XSGD or IDRT (or any major stablecoin, Virtual Liquidity does the conversion) and you start collecting 8 bps fees on routed volume in proportion to your share of the pool. 80% of the swap fee accrues to LPs; 15% to protocol; 5% to safety reserve.
Deploy Liquidity → SGD/IDRIDR pricing exhibits weekend basis. LPs should be aware of overnight inventory imbalance during Indonesian public holidays. Smart-contract and oracle risk apply per Sera's CertiK-audited contracts.
Indicative APY shown is illustrative only and based on trailing 30-day flow. Yields are not guaranteed and may be lower or zero. Liquidity provision involves risk including loss of principal, smart-contract risk, oracle risk, and adverse FX movement. Not investment advice.