InstaReM Reviews and Comparison - Seedly
Reviews (35)
4.9
Reviews (35)
4.9
  • 5
    31
  • 4
    4
  • 3
    0
  • 2
    0
  • 1
    0

Most Helpful

  • Most Helpful
  • Most Recent
  • Low to High
  • High to Low
  • To be honest, there are so many remittance agents in the market right now. But after trying out different platforms, I have decided to pick InstaReM as the preferred remittance partner personally for both my personal and corporate use. Rationale is because I like how they take their exchange rates directly from Reuters, which the rest of the providers don't provide. Their fees are ridiculously low as well and their rates are fantastic. (PS: Don't be fooled by those who claim zero fees *ahem* banks *ahem* because they often have inflated rates!) Time to time my transactions may get delayed at InstaReM (for whatever reasons) but this is common across all platforms as well. What I appreciate is that their responses are very prompt (generally faster than TransferWise) and 99.9% of the time the payment gets sent to the beneficiary within the same working day. This is something very important to me because I wouldn't want my money stuck at the remittance agent for no rhyme or reason and, yet unsure of the status of the transaction, especially when I send huge amount of money. All in all, I have not much problems using InstaReM but I do hope they can reward their existing users with more promo codes and giveaways. InstaReM, You have earned my recommendation!
    0 comments
    3
  • For overseas remittance with lightning speed and at an unbeatable rate, there is no match with InstaRem. This is the best remittance service available. Thus I recommend everyone to use InstaRem for overseas remittance and have a great experience.
    0 comments
    0
  • I have been sending money to india using InstaRem from last one year, i have comared the other remttances including other banks, i feel InstaRem givens good exchange rate and the transfer process is very fast and if any issues encounter we get support from them also with in no time.
    0 comments
    0
  • I have tried out 2 other remittance company. One of them managed to give a better quote, but I believe it is because the other one has delayed pricing. However in Instarem, the quote has been very consistent and reliable.
    0 comments
    0
  • I have been using InstaRem for over a year now, for sending INR back home. After comparing various websites including the bank service, I found that InstaRem offeres the best exchange rate and the transfer process is very clean without any hassles.
    0 comments
    0
  • For overseas remittance with lightning speed and at an unbeatable rate, there is no match with InstaRem. Thus I recommend everyone to use InstaRem for overseas remittance and have a great experience.
    0 comments
    0
  • Instarem providing best exchange rates compare to other agencies and transferring money instantly to destination account which is giving a pleasant experience.
    0 comments
    0
  • Instarem has become much better then before with very less money transfer time and smooth customer experience. I see instarem market rate very close to live market rate whereas other services lock their rate when market is volatile.
    0 comments
    0
Questions (0)

Recent Activity

  • Recent Activity
  • Unanswered
  • Trending
No questions found.
About InstaReM
Remittance ServiceInstaReM
Registration FeeFree
Transaction Fees0.25% to 1%
Countries You Can Transfer ToAsia, Europe, North America, South America, Oceania

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.