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

Brief Summary for Instarem (USD to LKR)

Instarem is a trustworthy company that provides remittance services worldwide. It offers competitive conversion rates for those who want to convert US Dollars to Sri Lankan Rupee, enabling them to send money from the US to Sri Lanka. Instarem places a high value on customer satisfaction and guarantees secure transactions. It provides efficient payment methods, making it an excellent option for sending money overseas, and has received positive feedback from its clients. As a reliable peer-to-peer currency exchange platform, Instarem offers a fast, secure, and cost-effective solution for individuals and businesses needing to transfer money internationally.

Instarem offers several payment methods with best USD to LKR 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 Sri Lanka. 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 dependable international remittance provider that offers competitive conversion rates for individuals seeking to transfer US Dollars to Sri Lankan Rupees, enabling them to send money from the US to Sri Lanka. Furthermore, the organization offers loyalty promotions and referral programs to its existing customers who plan to transfer money to Sri Lanka.