InstaReM Reviews and Comparison - Seedly
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InstaReM

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  • Reviews (423)
  • Questions (0)
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Remittance/InstaReM
Remittance/InstaReM

InstaReM

4.7
423 reviews

USER RATINGS

Customer Support

4.4

Ease of Transfer

4.7

User Experience

4.5

InstaReM

0.25% to 1% of mid-market rate
TRANSACTION FEES
$200
MIN. TRANSFER AMOUNT
1-2 days
TRANSFER SPEED
[EXCLUSIVE] $15 top up on first overseas transaction of above S$1000 on InstaReM using promo code "SEEDLY". Valid till 31 Dec 2020.

    InstaReM

    0.25% to 1% of mid-market rate
    TRANSACTION FEES
    $200
    MIN. TRANSFER AMOUNT
    1-2 days
    TRANSFER SPEED
    [EXCLUSIVE] $15 top up on first overseas transaction of above S$1000 on InstaReM using promo code "SEEDLY". Valid till 31 Dec 2020.
Reviews (423)

4.7

423 Reviews

  • 5
    333
  • 4
    73
  • 3
    5
  • 2
    2
  • 1
    10

Read Review About...

Most HelpfulMost RecentLow to HighHigh to Low
  • Updated 2d ago

    Purchased

    InstaReM

    [Exchange Rates] Good [User Interface] User friendly [Ease of Transfer] Secured transfer [Others] Might need improvements in Notifications section [Hidden Charges] No hidden charges noticed
    0 comments
    0
  • Updated 2d ago

    Purchased

    InstaReM

    Bad experience. Failed to transfer money and it was returned after escalation. No valid reason given for the failure. Tried using my bank and transfer was successfully within 24 hrs
    0 comments
    1
  • Updated 2d ago

    Purchased

    InstaReM

    I have been using InstaRem since 4+ years, I found best way to transfer money, even same review my friends also shared with me, I sometimes feel proud to refer my friends.
    0 comments
    0
  • Simple and easy to use. Save me lots of time and pain from going to the banks and getting rip off. FX rates are competitive. Paid my aussie lawyers, agents. Easy Peasy
    0 comments
    0
  • Updated 1w ago

    Purchased

    InstaReM

    [Exchange Rates] Very competitive and good exchange rates. [Ease of Transfer] The transfers are super fast. I transferred many times to India and the money reaches within few hours on the same day. [User Interface] Very easy to understand and good interface. The insta-points are terrible. I hope they can give more rewards/ more insta-points for users who are using it regularly. The only disadvantage is that the minimum transfer is $200 - so I have to use other apps to transfer money if I have to give little money to my friends.
    0 comments
    1
Questions (0)
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No questions found.

About InstaReM

InstaRem wants to make global money transfers easy. Inspired by his own unnecessary complicated experience of trying to transfer money overseas, InstaRem’s CEO, Prajit Nanu was determined to develop an easier, straightforward way of international money transfers. This pushed him to work with Michael Bermingham, an expert in compliance in Asia, EU and Europe. Together they shared a vision of making international money transfers easy.

How InstaRem Works

Simply input the amount you wish to transfer and the currency you wish for it to be converted to on InstaRem’s comparison tool and register an account.

Good To Know

InstaRem lists the following features on its website:

  • Zero-Margin FX Rates: mid market rates sourced directly from Reuters and while there are no margins, a nominal fee will be charged.
  • Fast & Easy Transfers: After account verification, the recipient of the transfer will typically receive the money in 1-2 days.
  • Loyalty Points: Bonus InstaPoints will be awarded upon account creation and after each transfer. InstaPoints can be redeemed against your transactions.

InstaRem supports currencies in 5 continents. Such currencies include:

  • Asia: Bangladesh, China, Hong Kong, India, Indonesia, Japan, Malaysia, Nepal, Philippines, Singapore, Sri Lanka, Thailand, Vietnam
  • Europe: Austria, Belgium, Bulgaria, Croatia, Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, Monaco, Netherlands, Norway, Poland, Portugal, Romania, San Marino, Slovakia, Slovenia, Spain, Sweden, Switzerland, United Kingdom
  • North America: USA, Canada, Mexico
  • South America: Argentina, Chile, Colombia, Peru
  • Oceania: Australia, New Zealand

Business accounts are available with InstaRem.

Contact InstaRem

For more info, you can visit InstaRem’s Help Centre here.

You can visit InstaRem here.