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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 |
Thinking of using a remittance service to transfer funds across borders and not able to find a proper review. Here at Exchange Rate IQ, we provide you with the best-unbiased reviews in a precise manner which are based on long research, customer satisfaction and authenticity. Therefore, we have bough >>More |
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Language
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English |
English, French, Spanish, Vietnamese" |
English, Danish, Dutch, Spanish, French, Nederlands |
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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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- 24/7 customer support available in more than 20 countries
- No minimum transfer limit
- Ease to use website and apps.
- Competitive exchange rates with multiple sending and receiving options
- Have an online calculator so that you can get an accurate quote.
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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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- Have a low maximum transfer limit of $10,000
- Does not offer business transfer
- The transfer fee is not fixed and changes according to the currency, type of transfer and mode of payment.
- Not all transfer methods are available for all countries.
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