Instarem

Send money abroad from Singapore at competitive exchange rates through Instarem, a Singapore-founded fintech now used by over a million customers worldwide. About Instarem: Instarem is a Singapore-founded international money transfer service, launched in 2014 by Prajit Nanu and Michael Bermingham after Nanu ran into a slow, expensive process trying to transfer money for a friend's bachelor party. It grew into Nium, a Singapore-headquartered fintech that today mainly serves banks and businesses with cross-border payments infrastructure, while the original Instarem consumer app continues to operate as its own product, used by more than a million customers to send money to over 60 countries. Key Features: Transparent Upfront Fees: See the exact fee and exchange rate before sending, with no hidden FX spread added later. Wide Country Coverage: Send money to bank accounts in more than 60 countries from multiple funding currencies. Multiple Funding Methods: Fund a transfer by bank transfer, ACH/direct debit, credit card, debit card or FPX, depending on your country. Rewards Program: Earn InstaPoints on transfers, referrals and sign-ups, redeemable for transfer discounts or air miles. How to Get Started: Download the Instarem app and sign up with your email or a Google account. Verify your identity as required for your sending country. Enter the transfer amount, destination country and recipient's bank details. Confirm and send — funds are deposited directly into the recipient's local bank account in their own currency. Important Notice: Instarem deposits funds directly to a recipient's bank account only — there is currently no cash-pickup option, so make sure your recipient has a bank account in the destination country before sending.