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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 |
Our experts at Exchange Rate IQ research on every money remittance company to provide independent and unbiased reviews on them. The same procedure has been adopted by them to provide the review on OFX Money Transfer Company which offers remittance services in more than 80 countries from the US via m >>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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4 |
4 |
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Send Money
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Visit InstaReM |
Visit OFX |
Visit Remitly |
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Fees
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0.50 USD to 0.75 USD |
0.00 USD to 0.00 USD |
0.00 USD to 413.99 USD |
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PayIn Methods
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Bank
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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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Bank
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Transfer Time
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1-2 Days to 1-2 Days |
1-2 Days to 1-2 Days |
1-2 Days to 3-5 Days |
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Android App
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Yes |
Yes |
Yes |
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iOS App
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Yes |
Yes |
Yes |
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Email
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[email protected] |
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[email protected] |
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Phone
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0008009190542 |
1-888-288-7354 (USA) |
(888) 736-4859 |
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Minimum Amount
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US $50 |
$200 |
$10 |
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Maximum Amount
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No limit |
No limit |
$20,000 |
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Exchange Rate
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Zero margin FX rate (applicable only for certain currencies and certain trading hours) |
0.4% above the mid-market rate |
Added margin above Mid-Market rates |
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Countries Supported
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9 |
197 |
8 |
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Currenices Supported
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7 |
50+ |
5 |
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Security
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Licensed in different countries by respective authorities |
Secure Socket Layer (SSL) Norton Secured |
256-bit SSL encryption with a 2048-bit signature |
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Overall Security By ERIQ
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Language
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English |
English |
English, French, Spanish, Vietnamese" |
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Direct Registration
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Website, Facebook and Google registration available |
Website registration available |
No direct Google and Facebook registration available |
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Bussiness Transfer
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Available |
Available |
Not Available |
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Customer Care
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24*7 customer support available |
Available in business hours only |
24*7 customer support available |
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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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- It has multiple offices globally which offers great services
- 24/7 customer services are available on phone and email
- Provides fast and cheap collection and delivery of funds
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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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- Expensive and slower when you send small amount
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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 OFX |
Visit Remitly |
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Compare More
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