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Instarem
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Instarem

high
Mobile friendly
Dot

Trustpilot Rating

Reviews 7,011

Excellent

★★★★★

(4.5)

3.8

Entity type

Electronic Money Institution

Client type

Personal/Business

License

464627

Country

1

Singapore

Year

"2014"

Employee Count

201-500

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Services

B2B AccountsB2C AccountsC2B AccountsExchangesMass PayoutsP2PSEPA TransactionsSWIFT TransactionsWalletsWire Transfer AcceptanceACH
3.8

Total Score

Pricing of the services

3

Social media presence

5

Popularity of the service

3

Onboarding difficulty

4

Support quality

4

About Instarem

Instarem is an electronic money institution focused on global money transfers. It provides a 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.

Pricing

Setup Fee

0 EUR

Monthly Maintenance Fee

0 EUR

SEPA Incoming

SEPA Outgoing

SWIFT Incoming

SWIFT Outgoing

FX Fee

Currency

  • EUR

    (Euro)

  • USD

    (United States dollar)

  • AUD

    (Australian dollar)

  • GBP

    (British pound)

  • BDT

    (Bangladeshi taka)

  • INR

    (Indian rupee)

  • SGD

    (Singapore dollar)

  • CAD

    (Canadian dollar)

  • CNY

    (Chinese yuan)

  • GHS

    (Ghanaian cedi)

  • HKD

    (Hong Kong dollar)

  • IDR

    (Indonesian rupiah)

  • KES

    (Kenyan shilling)

  • MYR

    (Malaysian ringgit)

  • NPR

    (Nepalese rupee)

  • NGN

    (Nigerian naira)

  • PKR

    (Pakistani rupee)

  • PHP

    (Philippine peso)

  • RUB

    (Russian ruble)

  • KRW

    (South Korean won)

  • LKR

    (Sri Lankan rupee)

  • TZS

    (Tanzanian shilling)

  • THB

    (Thai baht)

  • UGX

    (Ugandan shilling)

  • VND

    (Vietnamese đồng)

Additional Information

  • Instarem works with these users and organization types: Mid Size Business, Small Business, Enterprise, Freelance, Nonprofit, and Government.

Trustpilot reviews

SV

May 3, 2022

It is very easy to transfer money…

It is very easy to transfer money through Instream

NM

May 3, 2022

Good Company

Their website is friendly - really easy to use and their rates are great! Discount for first transaction.

RD

May 3, 2022

Amazing experience

I have been using this service for 2.5 years and the experience has been wonderful.

KA

May 2, 2022

Good expereince this time, service quality turned around, well done!

Had poor experience in an earlier transaction, but am happy to see that Instarem have been top class this time. Feels good when service quality is restored. Thank You Team!

D.

May 2, 2022

Rates are good

Rates are good, but I am disappointed they charge fees now which they didn't when I joined. It's a percentage too, so the larger the transaction the higher the fee. They should show the rate AFTER the fee not before, so you have to manually calculate the rate you are actually getting. Others charge no fee or a nominal $A0.99 or free. The rate is good but it is deceptive because of the fee. I also don't like the fact they issue a PayID, you can't choose your own which makes it difficult to remember. Transactions are fast. Sorry Instarem I don't know my CIN.

AT

May 1, 2022

Good Money Transfer Portal

Good Money Transfer Portal. Saves money by referral program.

BE

May 1, 2022

Always fast and easy

Always fast and easy. Never a problem

Finscanner is an independent digital platform aiming to provide up-to-date access to worldwide financial services to improve customer experience and boost transactions.

On this page, you can see a detailed review of Instarem Payment systems with reviews from real users and our experts. Instarem provides the following services: B2B Accounts, B2C Accounts, C2B Accounts, Exchanges, Mass Payouts, P2P, SEPA Transactions, SWIFT Transactions, Wallets, Wire Transfer Acceptance, ACH.

At the moment, Instarem rating on Finscanner is 3.8 and on Trustpilot is 4.5.