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InstaReM discount codes and exclusive coupons – January 2021

Find out how to get a discount on international money transfers using an InstaReM promo code.

Rosie Russell
Rosie Russell

Updated

Fact checked

InstaReM lets you send money overseas quickly and with low fees. You can send more than 20 currencies around the world.

Check out what coupon codes are on offer below to make the most of your next transfer with InstaReM.

InstaReM discount codes and coupons

We don’t have any InstaReM promo codes right now. Check back regularly for updates or take advantage of another money transfer offer.

What services does InstaReM offer?

  • One-off transfers. InstaReM’s main focus is on one-off transfers for personal use. You can’t set up automated regulated payments just yet.
  • Business transfers. You can pay staff, suppliers and freelancers that live overseas.
  • Bank transfers. InstaReM only lets you pay with a bank transfer, which means you can’t use your credit or debit card.

What currencies does InstaReM support?

InstaReM lets you send money in more than 20 different currencies. Some of the more popular ones include:

  • CAD Canadian dollar
  • EUR Euro
  • GBP British pound
  • HKD Hong Kong dollar
  • AUD Australian dollar
  • MYR Malaysian ringgit
  • PHP Philippine peso
  • THB Thai baht
  • USD United States dollar
  • VND Vietnamese dong

Find out more about what it’s like to use InstaReM in our complete review.

Pros and cons

Pros

  • Transparent fees. You’ll know the fees upfront and there won’t be any hidden ones.
  • Fast transfers. Transfers typically take one business day.
  • Loyalty points. You can earn InstaPoints on sign up and each time you transfer, which can be redeemed later.

Cons

  • Doesn’t use mid-market rate for all transfers. InstaReM only offers zero-margin transfers for some currencies and during certain hours. The company doesn’t make it clear which currencies and hours this applies to.
  • Only supports bank transfers. You won’t be able to use your card to pay for your transfer and you’ll only be able to send money to a bank account, which means no cash pick-ups or sending to a mobile.
  • Limited availability. InstaReM is only available in some markets at the moment, but has plans to expand soon. This also means it only offers a limited range of currencies compared to some other money transfer specialists.

FAQs

Check out other money transfer options

Don’t forget to check other options, so you can make an informed decision and increase your savings.

Name Product Minimum Transfer Transfer Time Transfer Fee
Skrill
Skrill
INR 80
1 day
None
Skrill offers easy transfers to many popular destinations, but keep an eye out for added fees.
Go to site
InstaReM
InstaReM
INR 4,000
1-2 days
1%
InstaReM offers simple transfers with a flat 0.5% transfer fee for most transfers. Zero-margin rates on some currencies.
Go to site
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