INSTAREM - All required important information of a leading money transfer service provider (2024)

Brief Summary for Instarem (USD-PHP)

Instarem is a dependable international money transfer company that presents favorable currency exchange rates for those who want to convert US Dollars to Philippine Peso, enabling the transfer of funds from the US to the Philippines. The company highly values customer satisfaction and ensures secure transactions. With its effective payment methods, Instarem is an exceptional choice for overseas money transfers and has received favorable reviews from its clients. As a credible peer-to-peer currency exchange platform, Instarem offers a speedy, secure, and affordable option for individuals and businesses who need to send money internationally.

Instarem offers several payment methods with best USD to PHP 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 or bank ACH. The receiver will get the funds in their bank account, as they do not have any cash pick-up points in Philippines. Irrespective of the payment method, the receiver will get the fund in their bank account in about 1 business day. There is no maximum transaction limit. There is no transaction fee for the direct debit transfer method. However, a small transfer fee of 0.1% of transaction amount is charged for card transactions. 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 is a trustworthy global remittance service provider that provides competitive conversion rates for converting US Dollars to Philippine Peso, enabling individuals to send money from the US to the Philippines. Additionally, the company offers referral programs and loyalty incentives for its existing customers who wish to transfer money to the Philippines.