Instarem Reviews

All the useful information that you need to know before sending money with Instarem!

4 stars based on 1148 reviews

Send Money To Rate
USD PHP ₱ 53.43
USD INR ₹ 70.08
USD NPR NP₨ 112.24

Overview

InstaReM PTY limited (ACN 601 384 025) is the wholly owned subsidiary of InstaReM PTE limited incorporated in Singapore. Instarem PTY limited is regulated in Australia by ASIC (AFS License No. 464627).

Pricing : How much does Instarem cost?

Low transfer fees: When you transfer money overseas via InstaReM, you wont be charged high transfer fee. InstaReM charges only a nominal transaction fee of 0.50%. There are no other fees.

Transparency: Does Instarem have any hidden fees?

Complete Transparency: When you set up your transaction, you’ll be able to see complete details of your FX rate, transaction fees and the exact amount to be received by the beneficiary. There are absolutely no hidden fees.

Transfer Speed: How long does it take to send money through Instarem?

Delivery times: InstaReM will transfer your funds fast - typically 1 day, in most cases (unlike some providers who take up to three days, or even charge extra for an express service).

Coverage: How many Countries & Currencies does Instarem support?

For all Australia originated corridors - Minimum transfer allowed is AUD 50. There is no maximum limit to the amount you can transfer after your first successful transfer. However, the first transfer should not exceed AUD 2500.

For all Singapore originated corridors - Minimum transfer allowed is 50 SGD. There is no maximum limit.

For all Hong Kong originated corridors - Minimum transfer allowed is 300 HKD. There is no maximum limit.

Instarem User Reviews and Ratings

reviews powered by trustpilot

Horrible account opening experience

Review published ago

After sharing all the documents, company rejected my application to open an account without even mentioning proper reason!

by Akshatha

Horrible account opening experience

Review published ago

After sharing all the documents, company rejected my application to open an account without even mentioning proper reason!

by Akshatha

Very Smooth and convenient to work on!

Review published ago

Very Smooth and convenient to work on!

by Vikash Anand

Very Smooth and convenient to work on!

Review published ago

Very Smooth and convenient to work on!

by Vikash Anand

I had a great first experience before…

Review published ago

I had a great first experience before they introduced a minimum amount for a transfer. So unfortunately, it's a 'no-go' for me now.

by S S

I had a great first experience before…

Review published ago

I had a great first experience before they introduced a minimum amount for a transfer. So unfortunately, it's a 'no-go' for me now.

by S S

Good experience

Review published ago

Good experience

by Pankaj Ganeriwal

Good experience

Review published ago

Good experience

by Pankaj Ganeriwal

It was a great experience

Review published ago

It was a great experience. My funds got transferred very fast. That was amazing.

by Dinesh

Documents review process

Review published ago

The customer service and process for upload/review of documents for accounts is really frustrating with minimum support/clarity on what documents are required to be uploaded. The support from the help centre was not appropriate as well.

by Jeni

Exallent

Review published ago

The service providing instarem is exallent ,I like very much and trusted. One suggestion please make up transaction very fast it could be very much better . Regards

by Ramakrishna Konduri

Service is good but if you reduce some…

Review published ago

Service is good but if you reduce some rate it will be helpful

by Arpana Devi

So far so good.

Review published ago

Easy to use. Fair rate & affortable fee.

by Darren Wong Kar Chun

Good One

Review published ago

Good One, fast and reliable

by Shohaib Ahmed Nimmanapalli

Best Rates in the town compared to any…

Review published ago

Best Rates in the town compared to any competative banks. Happy with service too. Excellent.

by DINESH BABURAO MAJUKAR

Money get lost! Terrible customer service! Nowhere to complaint!

Review published ago

NOT SAFE! i have 4 transactions 8000 SGD got lost in 26 July. Not received in beneficiary account but the InstaRem system shows transaction already completed. I reported the incidents to the Customer Service via hot line and email, every time I told was "InstaRem has sent money" and ask me to wait "their financial department is checking". NO ONE actively follow up. I have to call every day, explain the issue again and again! And I got same answer every time! My loan is overdue due to that! I still not got my money back after 16 days.

by J

Efficient

Review published ago

Efficient, safe and good rates provided

by Chris Chan Wen Tze

Fast and secure fund transfer

Review published ago

Fast and secure fund transfer

by Yap Hon Yew

I think InstaRem is offering very…

Review published ago

I think InstaRem is offering very competitive rate compared to other similar remittance device provider. Couple of end use facility are currently missing on the portal which if they can provide would be good to end users. E.G. Use should be able to cancel the transaction at thier own in place of reaching out to InstaRem team. Overall I am very happy wit their service.

by Rahul Garg

Very fast service

Review published ago

Very fast service. Took a while to clear due dilligence.

by Ian Clark

Love it

Review published ago

It's good and fast!

by Chung Yong Lim

Excellent Service

Review published ago

Thanks for transferring money really fast and also got $12 Bonus with Instarem.

by Ziya Ashrafi

Very good app

Review published ago

Very good app

by Tyriq Small

Hold on! Worst money transfer option!

Review published ago

Worst money transfer option you may ever come across! Beware! Stay away from them. They get your money, ask you to verify its your account, ask you to get statement from bank and send then across(while most other providers do this digitally). I have been using Transferwise, SBI, WU.. all with same account and they all do this without these crap. All this is for holding your money for few more days it seems

by robin misc
show more >>

Instarem Transfer Process

Whether you want to send cash to family or buy property overseas, it’s really quite easy doing it through InstaReM. It is a three step process -

  1. Register. Build your customer profile on InstaReM’s website by giving your basic details

  2. Make your Transfer. Input the recipient’s bank details. Make the transfer from your bank account to InstaReM’s account.

  3. Money Transferred. It’s done. You will receive an email confirmation with transfer details that you can also track on your transfer history.

Instarem Promo Codes & Offers

Australia to All Countries
Use code ERIQAU10 to avail discount of 10 AUD on transaction of minimum 250 AUD
Singapore to All Countries
Use code ERIQSG10 to avail discount of 10 SGD on transaction of minimum 250 SGD
Hong Kong to All Countries
Use code ERIQHK50 to avail discount of 50 HKD on transaction of minimum 500 HKD

Transfer Type And Modes

Pay In Options

Bank

Pay Out Options

Bank

Service Mode

 Online

Instarem Company & Contact Info

Type:- Money transfer provider
Email:- support[at]instarem.com
Service Info:- +61 (0)7 3053 8888
Social Links facebook twitter linkedin
Apps