Instarem: A Fast & Convenient Way to Send Money Internationally

With its innovative platform and user-friendly interface, Instarem is revolutionizing how we transfer money across borders.

Instarem is a global money transfer service that allows you to send money to over 150 countries worldwide. The company was founded in 2014 by two former investment bankers, and it has since become one of the leading money transfer providers in the World.

Instarem offers several advantages over traditional banks and other money transfer providers. First, Instarem is much faster. You can send money using Instarem within minutes, while sending money using a bank can take days or weeks.

Second, Instarem is much more convenient. You can send money using Instarem from anywhere in the World, and you can do it from your computer, smartphone, or tablet. You don’t need to go to a bank or complete any paperwork.

Third, Instarem is much cheaper. Instarem’s fees are typically much lower than those charged by banks and other money transfer providers.

How Instarem Works

Instarem connects you with a network of banks and other financial institutions worldwide. When you send money using Instarem, your money is first deposited into a bank account in your home country. Then, the money is transferred to the recipient’s bank account in the destination country.

Instarem uses various methods to transfer money, including SWIFT, ACH, and SEPA. The technique that is used depends on the countries involved in the transfer.

Instarem’s Features

In addition to being fast, convenient, and affordable, Instarem also offers several other features, including:

• Real-time tracking: You can track your money transfer using Instarem’s tracking tool.
• Multiple payment options: You can pay for your money transfer using various methods, including credit cards, debit cards, and bank transfers.
• 24/7 customer support: Instarem offers 24/7 customer support in multiple languages.

How to Use Instarem

To use Instarem, you first need to create an account. You can do this on Instarem’s website or mobile app. Once you create an account, you can log in and send money.

To send money, you must provide the recipient’s name, address, and bank account details. You will also need to specify the amount of money you want to send and the currency you wish to use.

Instarem will then calculate the fees and exchange rate for your transfer. You can then review the details of your transfer and confirm it.

Instarem is a fast, convenient, and affordable way to send money internationally. The company offers many features that make it easy to use, and its customer support is available 24/7. If you are looking for a reliable and efficient way to send money overseas, Instarem is an excellent option.

Instarem Alternatives: 5 Best Ways to Send Money Internationally

Instarem is a popular money transfer service, but other options are available. Several other great money transfer providers offer similar services, often at lower fees.

This article looks at five of the best Instarem alternatives. We’ll compare their features, fees, and exchange rates so you can find the best provider for your needs.

1. Wise (formerly TransferWise)

Wise also offers many features that make it easy to use, including:

• Real-time tracking: You can track your money transfer using Wise’s tracking tool.
• Multiple payment options: You can pay for your money transfer using various methods, including credit cards, debit cards, and bank transfers.
• 24/7 customer support: Wise offers 24/7 customer support in multiple languages.

2. WorldRemit 

WorldRemit also offers many features that make it easy to use, including:

• Real-time tracking: You can track your money transfer using World.Remit’s tracking tool.
• Multiple payment options: You can pay for your money transfer using various methods, including credit cards, debit cards, and bank transfers.
• 24/7 customer support: WorldRemit offers 24/7 customer support in multiple languages.

3. Xoom

Xoom also offers several features that make it easy to use, including:

• Real-time tracking: You can track your money transfer using Xoom’s tracking tool.
• Multiple payment options: You can pay for your money transfer using various methods, including credit cards, debit cards, and bank transfers.
• 24/7 customer support: Xoom offers 24/7 customer support in multiple languages.

4. Western Union

Western Union also offers several features that make it easy to use, including:

• Real-time tracking: You can track your money transfer using Western Union’s tracking tool.
• Multiple payment options: You can pay for your money transfer using various methods, including credit cards, debit cards, and bank transfers.
• 24/7 customer support: Western Union offers 24/7 customer support in multiple languages.

5. Remitly

Remitly also offers several features that make it easy to use, including:

• Real-time tracking: You can track your money transfer using Remitly’s tracking tool.
• Multiple payment options: You can pay for your money transfer using various methods, including credit cards, debit cards, and bank transfers.
• 24/7 customer support: Remitly offers 24/7 customer support in multiple languages.

Which Instarem Alternative is Right for You?

Your best Instarem alternative will depend on your needs and preferences. Here are a few factors to consider when making your decision:

• The countries you want to send money to Not all money transfer providers offer transfers to all countries. Choose a provider that transfers to the countries you need to send money to.
• The amount of money you want to send: The fees and exchange rates of money transfer providers can vary depending on how much you want to send. If you’re sending a large amount of money, comparing different providers’ fees and exchange rates is essential to find the best deal.
• The speed of the transfer: Some money transfer providers offer faster transfers than others. Choose a fast transfer provider if you need your transfer to be received quickly.
• The features you need: Some money transfer providers offer additional features, such as real-time tracking and multiple payment options. If you need these features, choose a provider that offers them.

Instarem vs Wise: Which is the Best Money Transfer Provider?

Instarem and Wise are the World’s most popular money transfer providers. They offer fast, convenient, and affordable transfers to over 100 countries.

But which one is the best? This article will compare Instarem and Wise on several factors, including fees, exchange rates, speed, and features.

Fees

Instarem and Wise both charge fees for their services. However, the prices can vary depending on the money you send, the country you’re shipping to, and the payment method you use.

In general, Wise’s fees are slightly lower than Instarem’s fees. For example, if you’re sending £100 to India, Instarem will charge a fee of £1.99, while Wise will charge a fee of £1.50.

Exchange rates

Instarem and Wise use the mid-market exchange rate when calculating the fees for your transfer. This means you’ll get the best possible exchange rate, as the mid-market rate is the rate banks use to trade currencies between themselves.

However, there is a slight difference in how Instarem and Wise calculate the exchange rate. Instarem uses a dynamic exchange rate, which means that the rate can fluctuate slightly depending on the time of day and the amount of money you send. Conversely, Wise uses a fixed exchange rate, meaning the rate will not change once you’ve confirmed your transfer.

Speed

Instarem and Wise both offer fast transfers. In most cases, your transfer will be completed within minutes. However, there are some cases where it may take longer, such as if you’re sending money to a country with strict regulations.

Features

Instarem and Wise offer several features, such as real-time tracking and multiple payment options. However, there are some differences in the features that each provider offers.

For example, Instarem offers an “InstaRush” feature, which allows you to send money even faster. On the other hand, Wise provides a feature called “Wise Multi-currency Account,” enabling you to hold multiple currencies in one account.

Instarem and Wise are both excellent money transfer providers. They offer fast, convenient, and affordable transfers to over 100 countries. However, the two providers have slight differences, such as fees, exchange rates, speed, and features.

Which provider is right for you depends on your needs and preferences. Wise is a good option if you’re looking for the lowest possible fees. If you’re looking for a fast transfer, then Instarem is a good option. And if you’re looking for a provider with a wide range of features, then both Instarem and Wise are good options.

Comparison Table

Here is a table that compares Instarem and Wise on several factors:

Instarem vs Wise Comparison

Which Provider is Right for You?

As mentioned earlier, the best provider for you will depend on your individual needs and preferences. Here are some factors to consider when making your decision:

• Your budget: Wise is a good option if you’re looking for the lowest possible fees.
• Your time constraints: If you need your transfer to be received quickly, then Instarem is a good option.
• The features you need: If you need additional features, such as real-time tracking or a multi-currency account, then both Instarem and Wise are good options.

Ultimately, the best way to decide which provider is right for you is to compare different providers’ fees and exchange rates before you send money.

Here are some additional tips for choosing a money transfer provider:

• Read reviews: Read reviews of different money transfer providers to understand their customer service, fees, and exchange rates.
• Compare rates: Compare various providers’ costs and exchange rates before you send money.
• Use a promo code: Many money transfer providers offer promo codes that can save you money on your transfer.

Conclusion

Instarem is a fast, convenient, and affordable way to send money internationally. The company offers several features that make it easy to use, and its customer support is available 24/7. If you are looking for a reliable and efficient way to send money overseas, Instarem is an excellent option.

By following these tips, you can ensure that you get the best possible deal when you use Instarem.