InstaReM Money Transfer

USA IND

₹ 81.84

UK IND

₹ 100.19

USA PHL

₱ 53.76

UK PHL

₱ 65.85

HIGHLIGHTS

US CompareRemit Description
Founded in 2014, Instarem is a leading digital cross-border payments platform that enables individuals and businesses to transfer money overseas quickly, easily and affordably.
 
With great FX rates on every transfer, no hidden fees and full transparency on the cost, you know exactly what you're paying for and how much your recipient will receive. You can also track your transactions every step of the way with the transaction timeline that will show you where your money is at all times.
 
Making instant transfers with credit and debit cards and using the Quick Send feature are two of many powerful features the Instarem app has to offer for quick and easy transfers.
 
As a global brand licensed in 11 countries with a strong focus on the security and safety of your money and information, we make sure you send your money with total peace of mind.
 
For more information, please visit our Help Centre.
 
WHY USE INSTAREM?
Global network: 60+ countries within your reach
Great value: Great exchange rates. No hidden fees
Anytime, anywhere: Send money on the go with our app
Instant transfers with credit or debit cards
Transfer timeline: Always know where your money is
Quick send feature to set up transactions in just a click
Rewards: Send money and earn points to enjoy even greater value
Save time: Skip the queues and send money fast
Safe and reliable: Industry-leading technology that moves billions annually

FEATURES ((Currently showing rates for USA to IND change)

Today's Rate
$ Amount
₹ Exchange Rate
$50 - $3000
₹81.84*
Exchange Rate Type
Locked-in
Transfer Fee
Bank Account
$ Amount
Fee
Up to $3000
$0.00
Transfer Time
Bank Deposit
2
Transfer Type
  • Credit Card/Debit Card
  • ACH Transfer
  • Wire Transfer
Daily Transfer Limit
NA
Customer Service Info
+1 888-409-3307
Company Headquarter
Singapore
Company Type
Remittance Providers
Mobile App
Company Established
2014
Text Update (SMS)
Yes
Email Updates
Yes
Provider's FAQs
Referral Program
Yes
Key Feature
---
Document Requirements

USER REVIEWS

Nam N.
Posted on January 16, 2023 09:05 pm

Awful company. Keeps asking to submit personal documents, althought bank statements was provided. Customer services, the only way to request the refund, are all AI, no real persons at the back. No phone support. Well, be careful with your money. I will report your company as fraud to whoever I can if you did not respond and refund my money.

 
Nikhil Agrawal
Posted on November 23, 2022 04:02 am

Please don’t use this service as it’s fraud and they put your money on hold on name of verification after withdrawing from your US bank account. I had clearly mentioned that I am trensferrring money for my family support but they didn’t agree even when it is one of the option in their site and now asking my US bank statement to refund my own money. This is so ridiculous and frustrating. I am going to contact bank to file complain so this service can be put on hold for review for possibly scam.

 
Vishanth
Posted on July 04, 2022 08:35 pm

Bad experience with this app/business. Wise is much much better compared to this. 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

 
Aroon K
Posted on April 08, 2022 04:56 pm

My transfer was cancelled by their system due to them not getting fund on time. I have been n touch with customercare since money is debited from account and transferred to their nium account.. This is for transfer above 3000+$. Customer support staff can't locate my fund. Its transferred to the account they wanted me to sent. Not sure which agency I have to contact to get money back. I'm not sure if this some kind of error for sure of its something others have gone through.. just wanted to alert others and hear if this is a common theme..

 
Marius
Posted on March 15, 2022 07:55 am

If you want to transfer money like 20 years ago, yes, it's ok. They can transfer in up to 2 business days. If you want to transfer faster, search for something else. Short story: i'm repeating the transfer process a few times per year. Same source account and same destination account, even the amount is almost the same. BUT now, they need more time to analyse . . .

 
Chandru
Posted on January 20, 2022 11:38 pm

WorseTransferServiceEver

 
Guruprasath Ramamoorthy
Posted on December 19, 2021 08:38 am

Good service and awesome transfer rate. I have already transferred twice using Instarem , it is slow 3-4 days but I never had a problem. Transfers were smooth even though they say the don't transfer on the weekends my last two transfers were completed on weekends only.

 
Terry
Posted on November 30, 2021 03:13 pm

Not happy. Taking way too long and money still not received yet. If you have an emergency, do NOT us this lousy service!!! Tried chatting with their live agent, their dumb bot kept asking me to log in first when I was ALREADY logged in!!!

 
Krish
Posted on November 15, 2021 12:20 pm

Excellent.. as committed..

 
Anoop
Posted on July 22, 2021 11:51 am

Worst service. Initiated a transfer. got a call asking for the phone number registered with my bank. also chatted with live agent and shared some details and said that verification is complete. then they again called me they want to know my email registered with my bank. Whole process looked suspicious to me and I cancelled my transaction.

 
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