But, hold on. What is Instarem?
Image shown is for illustrative purposes
If you’re unaware, Instarem is a cost-effective, simple and quick way to send money overseas to Europe, the Asia Pacific, South-East Asia and the US, online - 24 hours a day and 365 days.
It securely transfers your money to your intended receiver on the other side of the world. On top of that, this 100% online money transfer service helps you send money all around the world at a meagre commission without hidden costs.
Also, Instarem's intuitive app with a simple interface and quick-send functionality allows you to transfer money abroad effortlessly. Not to mention, you can avoid lines at banks and better control your money, among other advantages.
So, why it is a reliable and faster way to send money overseas?
1. Best Exchange Rates with Low Fees
First of all, Instarem's prices are a fraction of what you'd pay at a bank or other providers. In addition, Instarem charges its users a fee ranging from 0.25% to 1% – enabling you to transfer money abroad at a much lower cost.
Not to mention, Instarem offers interbank currency exchange rates (sourced directly from Reuters) at a nominal fee for multiple currencies in more than 55 countries. As a result, the platform ranks as one of the cheapest international money transfer providers in terms of exchange rates and fees.
This means that if you have to transfer money overseas, you will pay a very small markup for the currency exchange. Never pay more than you should!
2. Fastest (typically Instant) and Transparent Transfer
Transfers with Instarem are typically very fast. When you pay via bank transfer, most transactions between two countries happen instantly or on the same day. It's undoubtedly a massive help when the person on the other end of the planet urgently needs money.
You can use the Instarem app or the digital platform to send money anytime, day or night. To add, the provider lets you keep track of your transactions, make changes to your list of payees (you can add up to 10 beneficiaries), and check your transaction history. With that, you know at all times when you send the money, how much you spend, and how much your recipient receives – all at your fingertips.
3. Highly Secure and Regulated
We understand how terrifying it might be to send large sums of money using an online service. But, transferring money abroad with Instarem is completely secure. The platform’s reliability has to do with its first-class web security and protection protocols.
Additionally, Instarem is tightly regulated by 9 financial regulators worldwide. It is regulated in Malaysia by Bank Negara Malaysia - the Central Bank of Malaysia. This protects anyone or any businesses using Instarem's online money transfer service.
4. First Transfer Bonus and Loyalty Points
Who doesn't like a bonus? You can use the code below to save RM50 on your first transfer with Instarem.
And, what if we tell you that other than the intriguing bonus, you can consistently spend and save at the same time? You're in luck – Instarem offers InstaPoints as a form of loyalty points so that you can SEND, EARN, and REDEEM.
InstaPoints have a monetary value, and you can use them as a discount for your following transfer. The more money you send, the more points you will receive. When you transfer money again, the more you earn, the less you pay. You can also earn Instapoints by referring a friend. Talk about a win-win!
Send money overseas with Instarem today and save money
Instarem has been a great discovery for many. As soon as you heard about it from us, we knew that you couldn't resist trying it, right?
Many users have used Instarem in numerous countries to perform international money transfers in different currencies online without any problems. It works well, is secure, and is almost instant.
Instarem is a godsend that makes our lives easier and keeps our money safe. It frees many individuals and businesses from the traditional money transfers that are often inflexible and pricey.
So why wait? SIGN UP for an Instarem account and make your first overseas money transfer today!
*The above article is intended for informational purposes only. Loanstreet accepts no responsibility for loss that may arise from reliance on information contained in the articles.