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Is InstaReM transfer safe?
Instarem is a good money transfer provider (8.0/10), recommended by the experts at Monito. Highly trusted (9.2/10) and well-rated by customers (8.3/10), Instarem is a popular and quickly-growing provider that allows you to comfortably send money to and from North America, most of Europe, Asia, and Australia.
What is the best way to transfer money from India to USA?
You can send money from India to the US via the Western Union online service. Visit their website and register to initiate the transfer and pay via your bank account. Your recipient will get the money directly in their bank account. The service time is one business day and the transaction can be tracked online.
Is InstaReM legal in India?
InstaReM, the Singapore-headquartered FinTech start-up offering convenient, fast and cost-effective cross-border money transfers to individuals and businesses, has received regulatory approval from the Reserve Bank of India (RBI) to facilitate overseas remittances from India.
Is InstaReM authentic?
Exchange Rates– InstaReM uses the real-time interbank rate. This means they do not charge any margin on their rates. What you see is what you get. Other Fees– Apart from the transfer fees, InstaReM doesn’t charge any other fees.
Which is better InstaReM vs Transferwise?
Both providers offer you the mid-market rate but charge varied fees, but Wise offers the mid-market rate at all times while Instarem only offers it for some currencies and during certain hours. There might be some currencies and amounts that Wise will give you a better deal on and some that Instarem will.
How do I pay InstaReM?
There are two ways to fund your transfer. 1) Set up Instarem as “Payee”: In your online bank account, set up an external transfer to pay to your Instarem (Nium) account. Funds are often available in 1-2 business days (2-5 business days for the first transfer). May be subject to your bank’s payment transfer limits.
Which is better Instarem vs Transferwise?
How long does it take for Instarem to transfer money?
InstaReM takes about 1-2 business days once the payment is complete on the sender’s end¹. Sending money to India? Try the faster Wise way. 90\% of Wise’s transactions to India are completed within 24 hours from receiving payment.
Where is InstaReM based?
Singapore
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Type of site | Private company |
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Headquarters | Singapore |
Area served | Asia Pacific, Canada, Europe, United States |
Founder(s) | Prajit Nanu, Michael Bermingham |
CEO | Prajit Nanu |
Does InstaReM have an app?
Instarem – Apps on Google Play.
Is InstaReM a good money transfer provider?
Instarem is a good money transfer provider (8.0/10), recommended by the experts at Monito. Highly trusted (9.2/10) and well-rated by customers (8.3/10), Instarem is a popular and quickly-growing provider that allows you to comfortably send money to and from North America, most of Europe, Asia, and Australia.
Is InstaReM safe and secure?
Yes, Instarem is indeed a safe and secure money transfer service. Aside from offering industry-standard web security and protection, the service also has a growing customer base of more than 2 million customers, many of whom use the Instarem service every month.
How many countries does InstaReM cover?
InstaReM is covering about 60+ countries across the world and has a network of 8000+ banks in 55+ countries. It offers multi-currency transfers from AUD, EUR, MYR, INR, USD, SGD and HKD. By using the services of InstaReM, one can send money to the following countries.
How long does InstaReM take to process a transaction?
Instarem providing competitive rate but process wise very slow. each transaction taking 4 to 10days time. they are not telling proper reason for delays.