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SPECIFICTION
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Instarem

instarem.com

Free plan WebiOSAndroid
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Spec score 8.7 #12 of 81 in Money Transfer Apps

What it is

Instarem provides international money transfers for individuals and cross-border payments for businesses. Personal users can send money to more than 60 countries, see fees upfront, and track transfers in real time. Fees vary by sending amount, currency, payment method, and destination and receiving method. Transfers are typically processed instantly or the same day after funds arrive, but can take up to two business days depending on destination and payment method. The service is available on Android, iOS, and the web; the mobile app includes Quick Send for frequent recipients and support by query or live chat. Businesses can pay overseas suppliers or employees across more than 160 countries. They can upload Excel payment and recipient details for up to 1,000 transactions in one go in listed markets. Business accounts also offer virtual cards with spending limits and real-time expense tracking. Instarem says it is licensed and regulated in 11 jurisdictions and uses encryption in transit and at rest, vulnerability assessments, external penetration tests, and AWS Cloud security controls. Personal and business account registration is free, but transaction fees apply.

Spec sheet

Purpose
Instarem provides international money transfers for individuals and cross-border payments for businesses.Read 9 Oct 2026 · instarem.com
Free plan
NoRead 22 Sep 2026 · instarem.com
Security
Instarem says it uses encryption in transit and at rest, regular vulnerability assessments, external penetration tests, and AWS Cloud security controls.Read 9 Oct 2026 · instarem.com
Support
Personal app users can submit a support query or start a live chat through the Help Centre.Read 9 Oct 2026 · instarem.com
Headquarters
SingaporeRead 28 Sep 2026 · instarem.com
Founded
2014Read 28 Sep 2026 · instarem.com
Bulk payments
Businesses can upload payment and recipient details in an Excel file to process up to 1,000 transactions in one go; availability is listed for Singapore, Australia, Hong Kong, Malaysia, Indonesia, the US, the UK, and Europe.Read 9 Oct 2026 · instarem.com
Business cards
The business account offers virtual cards with spending limits and real-time expense tracking from a dashboard.Read 9 Oct 2026 · instarem.com
Business collections
The business Receive service supports USD, AUD, SGD, HKD, JPY, NZD, EUR, and GBP, and requires application and approval.Read 9 Oct 2026 · instarem.com
Business payments
Businesses can pay overseas suppliers or employees across more than 160 countries.Read 9 Oct 2026 · instarem.com
Exchange-rate model
markupRead 22 Sep 2026 · instarem.com
Fees
Personal transfer fees vary by sending amount, currency, payment method, and receiving country and method.Read 9 Oct 2026 · instarem.com
Mobile features
The mobile app supports real-time transfer tracking, Quick Send for frequent recipients, and customer support by query or live chat.Read 9 Oct 2026 · instarem.com
Mobile platforms
bothRead 22 Sep 2026 · instarem.com
Personal transfers
Personal users can send money to more than 60 countries and track transfers in real time.Read 9 Oct 2026 · instarem.com
Regulation
Instarem states that it is licensed and regulated in 11 jurisdictions.Read 9 Oct 2026 · instarem.com
Rewards
Eligible Instarem transactions earn InstaPoints that users can accumulate and redeem for rewards.Read 9 Oct 2026 · instarem.com
Scheduled transfers
YesRead 22 Sep 2026 · instarem.com
Transfer limits
Transfer limits depend on the sending and receiving countries, and users can check the applicable limit in the app.Read 9 Oct 2026 · instarem.com
Transfer speed
instantRead 22 Sep 2026 · instarem.com
Transfer timing
Transfers are typically processed instantly or the same day, but may take up to two business days after funds are received depending on destination and payment method.Read 9 Oct 2026 · instarem.com
Transfer tracking
YesRead 22 Sep 2026 · instarem.com
Upfront fee display
YesRead 22 Sep 2026 · instarem.com

Plans and prices

Instarem Business Free No setup or subscription fee · transaction fees apply Read 9 Oct 2026 · instarem.com
Instarem Personal Free Free account registration · transfer fees vary by amount, destination, and payment method Read 9 Oct 2026 · instarem.com

Every Instarem plan and price →

Strong points and limits

Strong points

  • Personal transfers cover more than 60 countries
  • Upfront fee display and real-time tracking
  • Business payments cover more than 160 countries
  • Excel uploads can process up to 1,000 transactions

Limits

  • Transfer fees vary by several factors
  • Transfers may take up to two business days
  • Business Receive requires application and approval

Who it suits

Instarem suits individuals sending money internationally and businesses paying overseas suppliers or employees. Its business features may also suit teams making bulk payments or managing expenses with virtual cards.

Verdict

Instarem offers personal transfers and a broader set of business payment tools, with free account registration. Check fees, destination limits, and transfer timing for the transaction at hand.

Where Specifiction places it

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