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Instarem discount codes and coupons
Use one of our Instarem referral codes to save money on international money transfers.
You can use a promo code for a discount on InstaReM's transfer fees.
Click "Show code" on the promo you choose above. InstaReM's website will open in another tab.
Sign up for an account and wait for verification.
Set up your transfer with the currency you want, your recipient's details and how much you wish to send.
Add the promo code to the payment section.
Press "Apply" to activate the code and receive your discount.
What services does Instarem offer?
Instarem lets you send money overseas quickly and with low fees. You can send more than 20 currencies around the world.
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:
Fast transfers. Transfers typically take one business day but it's common to arrive on the same day.
Loyalty points. You can earn InstaPoints when you sign up, transfer money and refer friends 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.
See what your transfer with Instarem could look like
Our table below lets you compare services you can use to send money abroad. Compare fees, exchange rates and discounts from different money transfer services, and when you have made your choice, click Go to site.
We update our data regularly, but information can change between updates. Confirm details with the provider you're interested in before making a decision.
Rosie Russell is a money transfers producer at Finder. She is on a mission to make personal finance easier to understand. Rosie has a Bachelor of Communication (Journalism) and Bachelor of Arts in International Studies from the University of Technology Sydney.
Are you due to receive a large sum of money from another country? Familiarise yourself with Australian laws and tax regulations regarding money transfers.
Minimum and maximum transaction limits can restrict your international money transfer options, so compare overseas transfer limits in this handy guide.
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