Instarem Reviews

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

7.7 score based on 409 reviews

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USD PHP ₱ 51.45
USD INR ₹ 64.47
USD NPR NP₨ 97.83

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

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Encountered some difficulty around…

Review published ago

Encountered some difficulty around profile validation and funds transfer.

by Ashish Dhamija

Encountered some difficulty around…

Review published ago

Encountered some difficulty around profile validation and funds transfer.

by Ashish Dhamija

Good Exchange rate

Review published ago

The exchange rate was the Good and quick process. But, there was some technical issue at photograph uploading option at the website.

by Vasudeva Gembali

Good Exchange rate

Review published ago

The exchange rate was the Good and quick process. But, there was some technical issue at photograph uploading option at the website.

by Vasudeva Gembali

Account opening taking longer time.

Review published ago

Account opening taking longer time. Self picture with ID card not seen in any other financial orgs, it creates inconvenience.

by Udayakumar Subramani

Account opening taking longer time.

Review published ago

Account opening taking longer time. Self picture with ID card not seen in any other financial orgs, it creates inconvenience.

by Udayakumar Subramani

Easy to use

Review published ago

Easy to use. Funds received same day as indicated.

by Saurabh

Easy to use

Review published ago

Easy to use. Funds received same day as indicated.

by Saurabh

Instarem

Review published ago

10 characters some more

by Deepak Arora

Fast and Reliable Service

Review published ago

Fast and Reliable Service

by BSV

Help desk needs to improve

Review published ago

Help desk needs to improve, and email queries should be addressed at least n 24 to 48 hours time.

by Kariappa

Service fee is bit high...

Review published ago

Service fee is bit high...

by Hanuman Bondu

Safe

Review published ago

Safe, Reliable and fast.

by Arun

I think instarem is easy to setup and…

Review published ago

I think instarem is easy to setup and use. the customer support as always is fantastic and I have never had any problems when transferring money using their services. The only negative that I have is sometimes the transfers take far too long and hence the 4 stars and not 5. Cheers

by Ashish Chettri

This review does not have 0 as the min…

Review published ago

This review does not have 0 as the min review, more rating details below Conversion rate : 4 Customer service : 1 Transfer time : 0 Customer service response: Please wait 24 hours every time you contact them. Transparency : 0 I believe they take your money for a week or more and earn interest to survive. Why do only good ratings get "Verified Order" symbol ?

by Ahmed Ullah Khan

Excellent

Review published ago

Excellent. Could you please reduce your money transfer time. same day transfer would be ideal. Thanks Raj

by Rajbharan Yadav

I got 1 transaction IN833937 still…

Review published ago

I got 1 transaction IN833937 still pending for the payment. I initiated the transaction since 2/9. On last Tuesday (2/13) the status already showed transaction completed on the mobile application. However until now I haven’t received the money in my local bank. I have been raising this issue to them for more than 5 times , and they keep saying they are checking with the internal and will provide me an update. However they never contact me back and until now my issue hasn’t been resolved. Whenever I raised the ticket , they just closed it without providing any update. I am really disappointed with the services...For the team that seeing this post, please take action to make sure the fund is being transferred as soon as possible, else I really doubt is this a trustworthy platform for money transfer.

by Jh See

Good and trusted service

Review published ago

It;s fast and reliable service. Only negative point is the introduction of the fees.

by Kaushik Saha

Feed back

Review published ago

Wonderfull service.

by Praveen Radhakrishnan

Better exchange rates.

Review published ago

Better exchange rates. Being first time dealing with InstaRem, I was very nervous and skeptical about the realization of transaction within the given timeframe. Team InstaRem has delivered as per commitment and with better rate than other Forex service providers.

by DharmeshM

Worst experience ever

Review published ago

Worst experience ever. Never use this site. Money transfer is still not done, been 5 days since I transferred the amount but there has been no movement. Will miss my EMI payment because of their pathetic service.

by Allwyn Corda

Satisfied with service

Review published ago

Satisfied with service

by Aashish Chaubey

Excellent service

Review published ago

Excellent service. Have been using for last 2 years now

by Samer Azim

It was a good experience

Review published ago

It was a good experience. Amount got transferred within 24 hours.

by Nishit Ashwin Shah
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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
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