INSTAREM - All required important information of a leading money transfer service provider (2024)
Pros and Cons, Brief Summary and much more information
Instarem MYR to PHP Rate1 MYR = 13.1975 PHP
What we like about Instarem
- Loyalty point program
- Quick transfers within 1-2 days
- 375 InstaPoints for first time users
- Wire transfer available to send upto INR 9,999,999,999
- Instarem often gives competitive exchange rate
What we don't like about Instarem
- 0.6% Transfer fees for all transactions
- 30 days and 60 days maximum amount restrictions
- Maximum amount is $1500 per transaction
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Brief Summary for Instarem (AUD-INR)
Instarem is a reliable worldwide remittance service that offers competitive exchange rates for converting Australian Dollar to Indian Rupee, allowing people to send money from Australia to India. Customer satisfaction is a top priority for Instarem, ensuring secure and encrypted transactions. With efficient payment methods, Instarem is an excellent option for sending money abroad and has received positive feedback from its customers. As a trustworthy peer-to-peer currency exchange platform, Instarem provides a fast, secure, and cost-effective solution for businesses and individuals requiring international money transfers.
Instarem offers several payment methods with best AUD to INR exchange rates. You can either choose to make a card payment, that is, you can use both debit or credit card, or you can choose direct debit. The receiver will get the funds in their bank account, as they do not have any cash pick-up points in India. Irrespective of the payment method, the receiver will get the fund in their bank account in about 1 business day. There is no transaction fee for the direct debit transfer method. However, a small transfer fee of 0.015% of transaction amount is charged for card transactions, whereas a transaction fee of 0.0075% and 0.012% is charged for PayID and PoLi transfers respectively. The minimum transaction amount is $360. A noteworthy point is that the card transfer may not have competitive exchange rates compared to its counterparts, and the currency exchange rate may vary depending on the amount being transferred.
Instarem provides competitive exchange rates for converting Australian Dollars to Indian Rupee, and also has referral programs and loyalty promotions available for its current customers interested in sending money to India.
Steps to send money to India using Instarem (AUD-INR)
Instarem (MYR to PHP) FAQs (Frequently Asked Questions)
How much fees does Instarem charge?
How long does it take to send money online with Instarem?
What is the maximum I can transfer with Instarem?
What is the minimum amount I can transfer with Instarem?
What are the payment methods that Instarem supports?
What are the receiving methods that Instarem support?
At what rate will Instarem transfer my money?
How do I set up a transfer with Instarem?
Can I cancel my transfer with Instarem?
When is the best time to set up a transfer with Instarem?
From which countries can you send money using Instarem?
To which countries can you send money using Instarem?
Does Instarem offer a cash pick-up facility?
How often does Instarem offer bonus coupons?
How secure is my transaction with Instarem?
Does Instarem have a mobile app?
What are Instarem’s Customer Service information?
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