|
Logo
|
|
|
|
|
Overall Rating By ERIQ
|
|
|
|
|
About
|
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 |
|
|
|
|
|
|
|
- |
4 |
4 |
|
Send Money
|
Visit InstaReM |
Visit Western Union |
Visit WorldRemit |
|
Fees
|
0.50 USD to 0.75 USD |
0.00 USD to 251.05 USD |
0.01 USD to 135.00 USD |
|
PayIn Methods
|
Bank
|
Bank
Cash
Credit Card
Debit Card
Mobile Money
Home Delivery
Cash Card
Mobile Wallet
|
Bank
Credit Card
Debit Card
|
|
PayOut Methods
|
Bank
|
Bank
Cash
Credit Card
Debit Card
Mobile Money
Home Delivery
Cash Card
Mobile Wallet
|
Bank
Cash
Home Delivery
|
|
Transfer Time
|
1-2 Days to 1-2 Days |
Same Day to 5+ Days |
Same Day to 5+ Days |
|
Android App
|
Yes |
Yes |
Yes |
|
iOS App
|
Yes |
Yes |
Yes |
|
Email
|
[email protected] |
[email protected] |
WorldRemit Contact |
|
Phone
|
0008009190542 |
1800 102 7111 |
|
|
Minimum Amount
|
US $50 |
US $1 |
US $1 |
|
Maximum Amount
|
No limit |
US $5,000 |
US $9,000 |
|
Exchange Rate
|
Zero margin FX rate (applicable only for certain currencies and certain trading hours) |
5% margin at the mid-market rate |
>1% margin on exchange rates |
|
Countries Supported
|
9 |
200+ |
145+ |
|
Currenices Supported
|
7 |
125+ |
30+ |
|
Security
|
Licensed in different countries by respective authorities |
Transport Layer Security |
FCA |
|
Overall Security By ERIQ
|
|
|
|
|
Language
|
English |
Website is available in 50+ languages |
English, Danish, Dutch, Spanish, French, Nederlands |
|
Direct Registration
|
Website, Facebook and Google registration available |
Website registration available |
Website only |
|
Bussiness Transfer
|
Available |
Available |
Not available |
|
Customer Care
|
24*7 customer support available |
Customer services available 24*7 in English languages |
24*7 customer services available |
|
Exchange Rate
|
- |
- |
- |
|
Pros
|
- 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
|
- 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.
|
- 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.
|
|
Cons
|
- Offering services in limited countries
- Low maximum limit
- Cannot send money to person without bank account.
|
- Very low exchange rates as it has high margin of profit in it
- High transfer fees
|
- 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.
|
|
Send Money Now
|
Visit InstaReM |
Visit Western Union |
Visit WorldRemit |
|
Compare More
|
|
|
|
