Instarem rating 4.40 5 How do we count the overall AskWallet star rating? It's all based on a combination of reviewer’s feedback and our expertise.
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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.

Rate Instarem


  • Personal IBAN

  • Affiliate program

  • Cashback

  • SEPA

  • Loyalty program

  • Insurance

  • Multicurrency account


  • Card


Name: Instarem
Languages: English
Web version: Yes
Mobile apps: Yes
Available in this countries: USA, AUS, CAN, HKG, IND, MAS, SGP, Europe, GBP
License: AEMI
License №: 901024
Jurisdiction: SGP
Founded: 2014

Main info

Account opening fee: 0 EUR
Service fee: 0 EUR
Deposit methods: 1) Debit Card = n/a
2) Bank Transfer = n/a
3) Other Methods = n/a
P2P fee: 0,25-1%
Personal IBAN: No
Main currency: AUD, CAD, EUR, GBP, HKD, INR, MYR, SGD, USD
Number of currencies: 9
Other currencies: AUD, CAD, EUR, GBP, HKD, INR, MYR, SGD, USD
Conversion fee: 0%
Referral program:
Trading: No
Budget planner: No
Bill split: No
Insurance: No
Money transfer
Business account


Multicurrency: No
Virtual card: No

Money transfer

Transfer speed (days): 0 - 2
Transfer fee: 0 - 0.2%

Business account

Account opening fee: 0 EUR
P2P fee: 15 USD (<5000 USD)
20 USD (>=5000 USD)
Corporate card: No

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Instarem reviews by users

Review and rate Instarem

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.

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.

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

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

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.