Instarem

Instarem discount codes and exclusive coupons – September 2021

Find out how to get a discount on your money transfer using an Instarem promo code.

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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.

Deal

Better exchange rate on your first transfer

Available for transfers to the Philippines, India, Nepal, Pakistan, Sri Lanka, Bangladesh and more.
Deal

First two transfers free for new customers

Pay no fees on your first two transfers, up to $3,000.
Deal

10 free transfers for new customers

Sign up and receive your first ten transfers for free.
Code

Zero fees on your first THREE money transfers

Send money with WorldRemit using the code '3FREE' and pay no fees on your first three money transfers
Deal

Get 5 FREE transfers when you sign up through Finder

Sign up today and pay zero fees on your first five transfers. T&Cs apply.
Code

Zero Fees on Your 1st Money Transfer

Your first transfer is free with WorldRemit when you use this coupon code. Send to 140+ countries.
Deal

Exclusive exchange rates for Finder readers + $0 fees

Visit the OFX site to see your savings. T&Cs apply.

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:

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

How does Instarem work?

Pros and cons

Pros

  • 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.

See what your transfer with Instarem could look like

Min. Transfer Amount Transfer Speed Online Transfer Fee Rate Amount Received Description CTA Details
AUD 200 1 - 2 days AUD 5.00 53.483 INR
53,215
Exclusive: New customers sending over 500 AUD from Australia use code FINDER50 to get 50 AUD off. Pay zero fees on your first transaction. Valid till 31 December 2021. T&Cs apply.
Instarem offers simple transfers with a flat 0.5% transfer fee for most transfers.
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