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InstaReM Money Transfer

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  • Reviews (527)
  • Questions (0)
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Remittance/InstaReM Money Transfer
Remittance/InstaReM Money Transfer
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This product is managed by InstaReM.

USER RATINGS

Customer Support

4.4

Ease of Transfer

4.6

User Experience

4.5

InstaReM Money Transfer

0.25% to 1% of Mid-market rate

TRANSACTION FEES

$200

MIN. TRANSFER AMOUNT

1 to 2 days

TRANSFER SPEED

40+

SUPPORTED COUNTRIES

InstaReM Money Transfer

0.25% to 1% of Mid-market rate

TRANSACTION FEES

$200

MIN. TRANSFER AMOUNT

1 to 2 days

TRANSFER SPEED

40+

SUPPORTED COUNTRIES

Details

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  • Claimed in August 2020
  • Pays to access additional features

InstaReM Singapore Review 2021

InstaReM is a digital remittance service in Singapore that provides secure and fast remittance at competitive and transparent prices (often better than what the big banks and other money transfer operators or remittance platforms charge, with minimal markup).

Cross borders payments and transfers are fast and easy through the user-friendly app, and you can get your money transferred within the same business day.

The platform is ideal if you want wide market access to over 50 countries.

And it even has a loyalty program where you can earn InstaPoints each time you make a transfer or make a referral. Ultimately, you can redeem InstaPoints on transfers!

Read More about InstaReM Money Transfer
Reviews (527)

4.7

527 Reviews

  • 5
    416
  • 4
    86
  • 3
    10
  • 2
    2
  • 1
    13

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    Most HelpfulMost RecentLow to HighHigh to Low
    pinned

    Pinned by InstaReM

      Updated on 21 Jan 2021

      Purchased

      InstaReM Money Transfer

      Best exchange rates compared with other remittance providers. Fund Transfer is very Instant, really helpful. Great job InstaRem Team.

      1

      InstaRem

      InstaRem

      profile

      21 Jan 2021

      Hi Balaji, We are thrilled to hear that you had a wonderful experience while remitting with InstaReM. Also, thank you for finding the time to share your positive experience with others!

      Post

      Updated 7h ago

      Purchased

      InstaReM Money Transfer

      Great user experience. Best exchange rates offered. Entire process of transfer is hassle free and instant. trust worthy!

      0

      Post

      Updated 16h ago

      Purchased

      InstaReM Money Transfer

      Its fast and flexible, when compare to other money transfers Instarem gives high rate and insta points also added which we can redeem next time

      1

      InstaRem

      InstaRem

      profile

      21 Jan 2021

      Hi Murali, We are thrilled to hear that you had a wonderful experience while remitting with InstaReM. Also, thank you for finding the time to share your positive experience with others!

      Post

      Updated 17h ago

      Purchased

      InstaReM Money Transfer

      Was very easy to use and fast too :) the User Interface was simple to use. The exchange rate could be better

      1

      InstaRem

      InstaRem

      profile

      16h ago

      Hi Nadya, we are thrilled to hear that you had a wonderful experience while remitting with InstaReM. Also, thank you for finding the time to share your positive experience with others!

      Post

      Updated 1d ago

      Purchased

      InstaReM Money Transfer

      [Exchange Rates] Great exchange rates compared to other banks. Mobile app is quick [Ease of Transfer] Very easy to transfer with few clicks.

      2

      InstaReM

      InstaReM

      26 Oct 2020

      Hi Ramanathan, We are thrilled to hear that you had a wonderful experience while remitting with InstaReM. Also, thank you for finding the time to share your positive experience with others!

      InstaRem

      InstaRem

      profile

      1d ago

      Hi Ramanathan, Thank you for taking the time to share your positive feedback! We are sincerely pleased to hear that your experience with InstaReM has been pleasurable thus far. We hope that your future transactions with InstaReM are as smooth as silk and as fast as light!

      Post

    Questions (0)
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      No Question 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.

      Features of InstaReM

      InstaReM lists the following features on its website:

      • Zero-Margin FX Rates: mid-market exchange 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
      • Low nominal fees that differ with different destinations
      • Many reviews cite InstaReM having one of the most competitive exchange rates in Singapore, with minimal mark-ups, and a transparent fee structure
      • The InstaReM app also has a decent UI that is user-friendly and convenient for facilitating money transfer. With InstaReM’s mobile apps, you can send money seamlessly, monitor your transfers and check the status of your transfers

      How Does InstaReM Work?

      All you need to do is sign up for an InstaReM account:

      1. Sign up on InstaReM with your email, Google or Facebook account
      2. Fill up your personal details
      3. Upload supporting official documents for verification
      4. Verify your mobile using the 6 digit code sent to your registered phone number
      5. Set up your transfers by entering your desired currency and amount into InstaReM's calculator to check exactly how much your recipient will get
      6. Choose your transfer method, fill up your recipient's details and voila! they'll be wired the money

      If you own a small or medium business, you can also set up a business account and use InstaReM as your global payment solution to send, spend, and receive money.

      Countries Available for Transfer with InstaReM

      InstaReM supports cross border payments and transfers across:

      • Asia: Bangladesh, China, Hong Kong, India, Indonesia, Malaysia, Nepal, Pakistan, Philippines, Singapore, South Korea, Sri Lanka, Thailand, and Vietnam
      • Europe: Austria, Belgium, Denmark, Estonia, Finland, France, Germany, Greece, Ireland, Italy, Luxembourg, Malta, Netherland, Portugal, Spain, and UK
      • North America: USA, Canada, Mexico
      • Oceania: Australia

      Contact InstaReM

      • Contact number: +65 6950 1132
      • Address: NIUM, #20-05, Hong Leong Building, ​16, Raffles Quay​, Singapore 048581​

      Contact us at [email protected] should you require any assistance or spot any inaccuracies.