Zero-Margin FX Rates.To Infinity & Beyond on Overseas Money Transfers.
UAB Instarem EU is an electronic money institution focused on global money transfers. It provides complex solution for all your remittance needs across 60+ countries across the globe. InstaReM helps you transfer money at Zero-Margin FX Rates within 1-2 business days. InstaReM uses traditional bank to bank transfers to ensure secure transactions.
Services
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Personal IBAN
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Affiliate program
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Cashback
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SEPA
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Loyalty program
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Insurance
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Multicurrency account
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SWIFT
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Card
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Crypto
Details
2014
Yes
Yes
English
Money Transfer
901024
USA, AUS, CAN, HKG, IND, MAS, SGP, Europe, GBP
SGP
AEMI
Main info
No
No
No
No
No
No
Yes
0 EUR
0 EUR
1) Debit Card = n/a
2) Bank Transfer = n/a
3) Other Methods = n/a
0,25-1%
AUD, CAD, EUR, GBP, HKD, INR, MYR, SGD, USD
9
0%
GBP, AUD, CAD, EUR, HKD, INR, MYR, SGD, USD
Card
Money transfer
Business account
No
No
No
2
No
No
Yes
No
Yes
No
No
15 USD (<5000 USD)
20 USD (>=5000 USD)
0 EUR
12.5 - 16.7%
User Reviews
Amazing and swift service for expats who transfer money to their home countries.
Very quick, easy and smooth transactions. Registration and sign up are very easy to follow too. Keep it up!
Great money transfer service with excellent rates. Can do better with Instapoints Redemption, with no minimum points to redeem.
Bad experience with this app/business. I wanted to transfer money from INR to USD. The first transfer went fine. The second time I get an email after 2 days asking me to provide additional documentation. After providing all the documentation I get an email saying 'Due to internal policies they can't do my transfer and I'll have to wait 48-72 hours to get my refund'. When pressed further they wouldn't elaborate on the reason why they denied the transfer.
On an average we get best rates and amount will be credited within 3 days max, which is not bad. So overall a positive experience. I usually transfer from US to India.
The process of transfer is easy and swift.
Always a fast and easy process. I really appreciate the service.
Its a great online money transfer service with good exchange rate which will take in general 3 - 4 business days to complete the transaction. Here is my Instarem Referral code - ' Y0zQdj ' to signup & send the money to your near & dear ones. Thank you
I was able to successfully transfer money but I had a spend a bit of time figuring out things (approx. 2days).The user interface can be improved a little.For example, while adding bank account I couldn't see the checking account on the Plaid popup until I scroll which I didn't realize on my Mac.When I successfully added the account, it was not auto selected and the error message says 'screen_id cannot be empty', which I had no clue what it means.Also, some messages on the website were not in English.
Very easy to configure bank accounts. In less than a minute, I could initiate transfer. Great user interface Instarem!!
As of now i had very good experience with Instarem with all my transactions either to India or Canada..all got in time without any issues.
Quick easy steps. Convenient.Need to improve on time duration of the transfer. Hoping to get more conversion rate when transferring higher amounts.
Always delivers on time. Competitive rates.
Instarem had been great place to send money abroad. With competitive conversion rates. Would recommed friends as well
Very easy to use, it connects you with your bank account. Smooth transaction, and as first time user they give you $20 off. Very good app.
I have been using this app/website for over 15 months now. I have transferred close to $40k+ from the US to India. Not just that they consistently gave me better rates but they deliver the money to my Indian account the fastest I have seen someone doing so.
The system, while functional and straightforward, lacks in simplification like you'd see in cashapp or paypal. Clearly, it's geared more towards transfers internationally- or less America based. I say this as they, so far on the web browser, lack the option to transfer to Th United States for some reason. Yet, during sign up were at least understanding of me being American. Good system overall and functions right, minus 1 point for lack of having foreign friends to transfer to or recommend.
Its all time my great experience to send money with INSTAREM. Everytime i get good exchange rate in compare to other remittance providers in market.Thanks InstaReM for your great help.
I Like Instarem to transfer funds to India, because always I get the good rate.
Simple process, good experience