Now you can transmit money easily and safely without having to deal with the cumbersome formalities, form filling and long queues at a bank. InstaReM cuts through all the red tape and helps send money to your family, friends as well as your business associates, vendors, and other merchants. Transferring 100 HKD to NPR is now easier than ever.
All you have to do is log in to your bank account and enter your InstaReM account number and BSB number. You will also need to enter your name and payment reference in the message. Hit “submit” and your beneficiary account will be credited within 1 hour. As simple as that!
Creating An Account
Transferring funds is a breeze. Before you transfer money to Nepal you have to create an account for yourself. The registering process will take a couple of minutes, and you will be required to give some personal details and some basic back details.
You will be asked to provide some supporting documents like driving license, bank passbook or passport for verification. Your account will be activated once the verification is done and you can commence using the site.
Sending Money Across The Globe
Once your account is activated you can login into the site and make your transfers. All you have to do is enter the details of your recipient and transfer the money. Simple and safe! You get a $5 joining bonus and a $20 bonus for any referrals on your next transfer.
The site allows business to make high volume payments anywhere in the world with the InstaReM MassPay feature. The site offers seamless payments across borders so business can focus on their business.
InstaReM is Cost effective, fast, easy to transfer and transparent. The best part is that there are no hidden costs to surprise you.
Cost Effective: InstaReM rates are real-time exchange rates whereas Bank charge 2% to 4% on FX and adds SWIFT charges.
Fast Transfer: Transfer within Asia typically takes place on the same day while Banks and other financial institutions take 2 to 4 days to execute the transfer.
Easy Transfer process: Transfer process is easy and without hassles. SMEs have to create entities in different countries.
Transparency: When you transfer funds you know the exact amount. On the other hand, the customer gets a post-facto on the exact amount of funds received.
Origins of InstaReM
The Company is a result of personal experiences of Mr. Prajit Nanu who faced hurdles and hassles while transferring money across countries. He along with his close aide, Michael Bermingham decided to do something about it and subsequently formed this company.
InstaReM is a Singapore based, money transfer company with offices in Hong Kong, Singapore, Australia, Canada, Europe, the US, the UK, Malaysia and India. The company success story was featured in many financial and management periodical and includes The Economic Times, TechinAsia, Inc Southeast Asia, Finextra, Banking technology, etc.