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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 |
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 |
Can you trust Western Union to send money abroad? How much the company charge for transferring funds? Are its services reliable? There are many such questions which users look for and therefore, the experts of Exchange Rate IQ provides the unbiased review of “world’s largest money transfer provi >>More |
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5 |
4 |
Send Money
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Visit InstaReM |
Visit Remitly |
Visit Western Union |
Fees
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InstaReM does not support transfers from Estonia. |
Remitly does not support transfers from Estonia. |
Western Union does not support transfers from Estonia. |
PayIn Methods
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Bank
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Bank
Debit Card
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Bank
Cash
Credit Card
Debit Card
Mobile Money
Home Delivery
Cash Card
Mobile Wallet
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PayOut Methods
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Bank
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Bank
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Bank
Cash
Credit Card
Debit Card
Mobile Money
Home Delivery
Cash Card
Mobile Wallet
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Transfer Time
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1-2 Days to 1-2 Days |
1-2 Days to 3-5 Days |
Same Day to 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 |
(888) 736-4859 |
1800 102 7111 |
Minimum Amount
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US $50 |
$10 |
US $1 |
Maximum Amount
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No limit |
$20,000 |
US $5,000 |
Exchange Rate
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Zero margin FX rate (applicable only for certain currencies and certain trading hours) |
Added margin above Mid-Market rates |
5% margin at the mid-market rate |
Countries Supported
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9 |
8 |
200+ |
Currenices Supported
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7 |
5 |
125+ |
Security
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Licensed in different countries by respective authorities |
256-bit SSL encryption with a 2048-bit signature |
Transport Layer Security |
Overall Security By ERIQ
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Language
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English |
English, French, Spanish, Vietnamese" |
Website is available in 50+ languages |
Direct Registration
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Website, Facebook and Google registration available |
No direct Google and Facebook registration available |
Website registration available |
Bussiness Transfer
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Available |
Not Available |
Available |
Customer Care
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24*7 customer support available |
24*7 customer support available |
Customer services available 24*7 in English languages |
Exchange Rate
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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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- 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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- Oldest and the most trusted remittance provider
- Huge network of more than 5 lakh agents
- Multiple transfer options including cash pickup, checks, bank transfer, demand drafts, etc.
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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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- Has a high transfer fees and profit margin
- No in-person customer support.
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- Very low exchange rates as it has high margin of profit in it
- High transfer fees
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Send Money Now
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Visit InstaReM |
Visit Remitly |
Visit Western Union |
Compare More
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