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Overall Rating By ERIQ
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About
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We know you have multiple questions, such as is InstaReM safe? Is it has good fees and exchange rate? Can you trust it with your money? How to transfer money using InstaReM? Therefore, we have bought you an unbiased review of InstaReM which has been completed after a lot of research, customer satisf >>More |
There are multiple money remittance companies in the UK which offer their services across the globe at low fees and best exchange rates. But the UK government is also providing its services in the sector with Post Office which offers its online as well as offline transfers. So, the experts of Exchan >>More |
How to send money abroad using Remitly? Is it the best options available? How much time it will take to reach the recipient? Is it safe to transfer money online? All these thoughts hit your mind when you start using the money remittance services. But now you need not to worry because the experts of >>More |
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2 |
5 |
Send Money
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Visit InstaReM |
Visit PostOffice |
Visit Remitly |
Fees
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0.50 USD to 0.75 USD |
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0.00 USD to 413.99 USD |
PayIn Methods
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Bank
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Bank
Debit Card
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PayOut Methods
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Bank
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Bank
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Transfer Time
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1-2 Days to 1-2 Days |
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1-2 Days to 3-5 Days |
Android App
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Yes |
Yes |
Yes |
iOS App
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Yes |
Yes |
Yes |
Email
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[email protected] |
[email protected] |
[email protected] |
Phone
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0008009190542 |
0345 8500 900 |
(888) 736-4859 |
Minimum Amount
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US $50 |
No limit |
$10 |
Maximum Amount
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No limit |
£20,000 |
$20,000 |
Exchange Rate
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Zero margin FX rate (applicable only for certain currencies and certain trading hours) |
5% or higher margin at exchange rate |
Added margin above Mid-Market rates |
Countries Supported
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9 |
Services available only for the residents of the UK |
8 |
Currenices Supported
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7 |
200+ |
5 |
Security
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Licensed in different countries by respective authorities |
Financial Conduct Authority |
256-bit SSL encryption with a 2048-bit signature |
Overall Security By ERIQ
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Language
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English |
English |
English, French, Spanish, Vietnamese" |
Direct Registration
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Website, Facebook and Google registration available |
Fill the form offline and hand it at the counter. You will receive information about your registration on your official number. |
No direct Google and Facebook registration available |
Bussiness Transfer
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Available |
Not available |
Not Available |
Customer Care
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24*7 customer support available |
Monday to Saturday from 8:30am to 5:30pm |
24*7 customer support available |
Exchange Rate
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- |
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Pros
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- No hidden fees charged or any margin
- Offer next-day transfers to most of the companies
- Very competitive and well-priced exchange rates
- Special services offered to small and medium-sized companies
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- Multiple transfer options and travel card also available
- Covers over 200 countries to transfer money from UK.
- Highly secured by the government
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- Its express services transfer money across the world within minutes
- Multiple payout methods
- It has partnership with big banks in various countries so recipients can collect money from any participating bank.
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Cons
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- Offering services in limited countries
- Low maximum limit
- Cannot send money to person without bank account.
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- Low exchange rates compared than many of its competitors
- Low transfer limit
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- Has a high transfer fees and profit margin
- No in-person customer support.
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Send Money Now
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Visit InstaReM |
Visit PostOffice |
Visit Remitly |
Compare More
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