Money Transfer
Mobile Apps
Rating 4.40 5
We calculate the rating from AskWallet editorial and user ratings

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.



  • Personal IBAN

  • Affiliate program

  • Cashback

  • SEPA

  • Loyalty program

  • Insurance

  • Multicurrency account


  • Card

  • Crypto


Founded: 2014
Has mobile app: Yes
Has web version: Yes
Languages: English
Reference number: 901024
Available in these countries: USA, AUS, CAN, HKG, IND, MAS, SGP, Europe, GBP
Jurisdiction: SGP
Licenses: AEMI

Main info

Has insurance: No
Has trading: No
Has budget planner: No
Has bill split: No
Has iban: No
Has sepa: No
Has swift: Yes
Main service fee text: 0 EUR
Account opening fee: 0 EUR
P2P fee: 0,25-1%
Main currency: AUD, CAD, EUR, GBP, HKD, INR, MYR, SGD, USD
Number of currencies: 9
Conversion fee: 0%
Referral program:
Other currencies: GBP, AUD, CAD, EUR, HKD, INR, MYR, SGD, USD
Money transfer
Business account


Has virtual card No
Has card No
Has multicurrency card No

Money transfer

Money transfer speed (days): 2

Business account

Business account has IBAN No
Business account has SEPA No
Business account has SWIFT Yes
Business account has business card No
Business p2p fee has conversion Yes
Business account deposit methods and fees has conversion No
Business account withdrawal methods and fees has conversion No
Business account P2P fee 15 USD (<5000 USD)
20 USD (>=5000 USD)
Business account opening fee 0 EUR
Business p2p fee percent: 12.5 - 16.7%

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Reviews by users

Review and rate Instarem

social-icon Tyler Lee

They give you the best rate for $. I used multiple online money services before InstaRem, they charge you hefty fees for each transactions. Thanks InstaRem.

social-icon Zach Collins

This is really an underrated service. There rates are always good and sometimes best in the market. In fact their rate was that good one day that I sent over most of my savings back home. It felt risky, my bank didn't approve the transaction and other complications due to COVID. But the team at InstaRem was very understanding, calling and checking me up, and even giving me additional days to complete the bank transaction at the same rate. One thing that would have really helped us both was their monthly limit. No way to increase it even through KYC or something.

social-icon Erick Pereira

Easy to use and great conversion rates. I was trying to add a federal credit union account but that bank does not show up in your ACH list.There are other options to transfer money from such accounts but some fees would be charged

social-icon Gabi Silberstein

GET $50-60 worth rewards by following these steps- Signup using referral code VTnhi6 to receive $20 worth INSTAPOINTS. Use the code NEWYEAR12 OR COMPAREREMIT12 for 1st transfer of $1000 or more. Then use code COMPARE30 on your next 2 transfers of $1000 or more to receive $20 rewards. 1st transfer : $12 (NEWYEAR12) 2 &3 tarnsfer : $20 ($10 each) (COMPARE30) You will also get the transaction completion points for the first 3 transfer around 30-45 points

social-icon Charlott Brunet

Pros: Very quick and efficient, Great customer service hotline, very responsive. Cons: Found product interface, Ease of sign up And actual exchange rates slightly better on Transferwise.