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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 |
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 |
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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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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- 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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- 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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- Very low exchange rates as it has high margin of profit in it
- High transfer fees
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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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