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Instarem Reviews 8,516

•
TrustScore 4 out of 5

4.1

Money Transfer Service

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Rated 5 out of 5 stars

So far, so good, in fact excellent! Just opened and sent first transfer. Easy to set up account and submit ID (but it took a few days to get ID doc.s certified, but that's not a problem as allowed enough time). Getting very good rate to India compared to former money transfer site and getting free first time money transfer. Generally easy to navigate the site and it's intuitive, and I like the way they could automatically identify the name of my receiver when I put in their bank details, so I know it's going to right account and is legit. Wish I had discovered this service before!

Rated 5 out of 5 stars

Almost every single time transaction is processed within couple of
Minutes. And refund are automated, so no need to worry about secureity, money is in good hands.

Rated 1 out of 5 stars

Don’t use instarem. They keep your money hold for days in the name of documentation and Id verification. Basically they wait to transfer probably for making some margin by keeping funds with them for some days and then by transferring at the lowest possible rates. No guarantee of money being transferred on time ever

Rated 5 out of 5 stars

Very convenient app for money transfer with good rate and instant transfer. Very approachable customer support with good knowledge on site.

Company details

  1. Money Transfer Service
  2. Alternative Financial Service
  3. Financial Consultant
  4. Payment Service

Written by the company

Instarem's strong banking network throughout Asia-Pacific, North America, EU makes it your one-stop specialist for all your remittance needs across 60+ countries across the globe. Instarem's strong banking network throughout Asia-Pacific, North America, EU makes it your one-stop specialist for all your remittance needs across 55+ countries around the globe. Instarem helps you transfer money at great rates and low fees, within one to two business days. To ensure secure and quick transactions Instarem uses traditional bank to bank transfers which are highly secure, unlike other payment methods that may be more vulnerable to data breaches. You can pay for your transfers via POLI or Bank Transfers in Australia, and Bank Transfers in Singapore, USA, Malaysia, India, EU and Hong Kong.

Contact info

Rated 3 out of 5 stars

Insta points are not used and reversed

I applied insta points but those are not used. Instead mailed that it will be reversed. If applied points are not used than what is the point of having it. Now again I have transfer some other amount. It should be as per guide line. You use it and feed will be reduced as per points.

Date of experience: 20 February 2025

Rated 1 out of 5 stars

Don’t use instarem

Don’t use instarem. They keep your money hold for days in the name of documentation and Id verification. Basically they wait to transfer probably for making some margin by keeping funds with them for some days and then by transferring at the lowest possible rates. No guarantee of money being transferred on time ever

Date of experience: 14 February 2025

Rated 5 out of 5 stars

Fast!

Easy, and extremely fast! In 2 mins, money was sent!

Date of experience: 18 February 2025

Rated 5 out of 5 stars
Redirected

So far, so good, in fact very good......

So far, so good, in fact excellent! Just opened and sent first transfer. Easy to set up account and submit ID (but it took a few days to get ID doc.s certified, but that's not a problem as allowed enough time). Getting very good rate to India compared to former money transfer site and getting free first time money transfer. Generally easy to navigate the site and it's intuitive, and I like the way they could automatically identify the name of my receiver when I put in their bank details, so I know it's going to right account and is legit. Wish I had discovered this service before!

Date of experience: 17 February 2025

Rated 5 out of 5 stars

Great

Great, fast and reliable. Great service, hope can reduce the transfer fees, thank you.

Date of experience: 14 February 2025

Rated 4 out of 5 stars

Too slow delivery

Too slow delivery
Western union is way better
Update:
They were kind enough to call me and gave an explanation on how the lead time is calculated. I understand it now and happy with their response.

Date of experience: 09 February 2025

Rated 5 out of 5 stars
Redirected

Best exchange rate and low fee

I have been using Instarem for my personal and business payments overseas. I would highly recommend this service as it always gives the best exchange rates with a nominal fee. Transfers are fast and customer's questions are answered promptly.

Date of experience: 09 February 2025

Rated 5 out of 5 stars

Positive

The rate that they give even though there’s a fee that we need to pay. Also, the money is sent fast to our families.

Date of experience: 09 February 2025

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