Finder makes money from featured partners, but editorial opinions are our own.

Instarem promo and coupon codes

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

No reviews yet. Write a review

Instarem discount codes and coupons

Use one of our Instarem referral codes to save money on international money transfers.



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 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.
Name Product Filter Values Fastest Transfer Speed Fees (Pay by Bank Transfer)
Instarem
Within minutes
From 0%
50% off first transaction fee from any country in APAC (outside India).
Minimum transfer of $250 and max transfer of $500,000
loading

FAQs

Rosie Russell's headshot
Written by

Writer

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. See full bio

More guides on Finder

Ask a question

You are about to post a question on finder.com.au:

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • finder.com.au is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked

Finder only provides general advice and factual information, so consider your own circumstances, or seek advice before you decide to act on our content. By submitting a question, you're accepting our Terms Of Service and Finder Group Privacy & Cookies Policy.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Go to site