Instarem Reviews

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

4 stars based on 1375 reviews

Send Money To
USD PHP ₱ 53.87
USD INR ₹ 73.56
USD NPR NP₨ 117.69

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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Great exchange rate and fast.

Review published ago

Great exchange rate and fast.

by Saugat Sigdel

Great exchange rate and fast.

Review published ago

Great exchange rate and fast.

by Saugat Sigdel

Good service.

Review published ago

Good service.

by AJ

Good service.

Review published ago

Good service.

by AJ

I like what you guys doing

Review published ago

I like what you guys doing. Its been very helpful 😀.

by Balaji Neelakantaiah

I like what you guys doing

Review published ago

I like what you guys doing. Its been very helpful 😀.

by Balaji Neelakantaiah

So far so good..

Review published ago

So far so good.. It will be great if you could give further offers at least for the customers who are transferring regularly..

by CK

So far so good..

Review published ago

So far so good.. It will be great if you could give further offers at least for the customers who are transferring regularly..

by CK

Ease of use

Review published ago

Ease of use Best exchange rate

by YN

Excellent ui

Review published ago

Excellent ui

by Aditya Duvvuri

Good Service

Review published ago

Good Service

by Prashanth Sunke

Thanks

Review published ago

Fast and reliable

by Venkat

Best exchange rate and faster transfer

Review published ago

Best exchange rate and faster transfer. Thanks you

by Rajesh Kumar Kuruva

Best Rate for Money Transfer

Review published ago

After I know InstaRem for money Transfer from Malaysia to Indonesia. I always using Instarem service. Because InstaRem rate is great like google rate. Thank InstaRem

by Nizar Fanany

Instarem is the best Money Transfer

Review published ago

I've been using Instarem since March 2018. And It's Really easy to transfer money to abroad. The rate is great like google rate. I think they have the best rate on earth!. No Credit card needed. I already recommend this to my friends and they love it. Cons: On my side, because of my recipient bank is not so well-known, the transfer usually took about 1-2 working days. But it's OK tho. My friend he used recipient bank C*MB Indonesia, the money transfer just took about 2-3 hours from M*ybank Malaysia to C*MB Indonesia. Instarem, you save my money alot. Thank you!

by Baiquni A.

Providing a good exchange rate than any…

Review published ago

Providing a good exchange rate than any other money transfer....👍

by Denny Kallivalappil Anthony

It was my first transfer from InstaRem…

Review published ago

It was my first transfer from InstaRem and it went smoothly

by Saurabh Sharma

Taking 2 days to credit amount

Review published ago

Taking 2 days to credit amount

by Venkatesh Naidu Paila

Very good money transfer website

Review published ago

Very good money transfer website, and secure timely manner.

by Sudharsan Ramakrishnan

very convenient

Review published ago

very convenient

by Sai Krishna Kodakanla

Very good

Review published ago

Very very very good

by Udaykumar Yedavelli

easy processing

Review published ago

easy processing

by Praveena Mhamane

Really slow service

Review published ago

Really slow service. It's been 5 days since I transferred the money to them, and it is still processing. Customer service doesn't really help, they just tell you to keep waiting.

by Alan Rodriguez

Don't bother

Review published ago

I made 2 transfers. The first went through MYR->AUD really quickly with no hassle at all 5/5. However the second one was to an American account MYR->USD and was absolutely TERRIBLE. I sent the amount to my own US Savings account however somewhere along the line Instarem marked it as a checking account and this caused it to be rejected, here's where the fun starts. Let me preface the problems by saying that Instarem is legitimately trying to be a good company, they just suck at any remedial action or problem solving. Problems encountered: - Slow response time and required to follow up everything with emails before a response from their team. - Incorrect information from some online assistants stating the problem was resolved when it wasnt. - Online platform doesn't let you do multiple transactions to the same account. Some technical problem with stored recipients. - Absolute nightmare trying to re-do the transaction or get a refund...still pending 21 days after i initiated the transfer. Overall I would say stick with your bank and pay the higher fee until they can sort themselves out unless you have a lot of time and patience to deal with problems if anything goes wrong.

by James
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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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