What makes sending money with Instarem, simple

19 Apr 2023

6 mins read

Written by Team Instarem

This article covers:

Traditionally, people have been sending money abroad via banks or money transfer providers. While traditional methods offer familiarity and a sense of stability, a lot of time is often wasted on:

waiting for good FX rates
queuing up at a bank or money transfer outlet
looking through and ensuring the transfer details are correct
waiting for the transfer to happen
ensuring your loved ones receive the money

What if you could avoid the all this hassle by using an easy to use, simple app?

The Instarem app is designed to enable you to send money overseas effortlessly from the palm of your hand, and in just a few clicks. Here’s a quick guide on how to do just that.

Download the Instarem app and set up a transfer
Fund your transfer
Special features of the Instarem app

Download the Instarem app and set up a transfer

Download the Instarem app from Google Play Store or the App Store.
Sign up using your Google, Facebook account or your email.
Fill in your personal details and upload the required documentation to complete registration.

You also have the option to be e-verified!

Once your account is verified, the next step is to set up a transfer!

Head to ‘ Send’ and add a recipient through your phone contacts or manually.
Decide how you would like to fund your transfer by selecting your mode of payment*.
Choose the currency you want to send and input the amount

Select your recipient, receiving method and transfer details

Key in your verification code that is sent to your phone number or email

Done! The app will then notify you once your payment is successful

Sounds easy right?

You Might Also Like To Read: Transfer money overseas with Instarem in a few easy steps

Not sure how to fund your transfer? Here’s how!

You can transfer money to Instarem through Electronic Funds Transfer (EFT)/ Bank Transfer/ Wire Transfer in all countries.

You can also send money through these payment methods:

Country	Currency	Payment Method
Australia	AUD	PayID, Bank Transfer, Debit Card, Credit Card
Austria	EUR	Debit Card, Bank Transfer
Belgium	EUR	Debit Card, Bank Transfer
Bulgaria	EUR	Debit Card, Bank Transfer
Croatia	EUR	Debit Card, Bank Transfer
Cyprus	EUR	Debit Card, Bank Transfer
Czech Republic	EUR	Debit Card, Bank Transfer
Denmark	EUR	Debit Card, Bank Transfer
Estonia	EUR	Debit Card, Bank Transfer
Finland	EUR	Debit Card, Bank Transfer
France	EUR	Debit Card, Bank Transfer
Germany	EUR	Debit Card, Bank Transfer
Greece	EUR	Debit Card, Bank Transfer
Hungary	EUR	Debit Card, Bank Transfer
Iceland	EUR	Debit Card, Bank Transfer
Ireland	EUR	Debit Card, Bank Transfer
Italy	EUR	Debit Card, Bank Transfer
Latvia	EUR	Debit Card, Bank Transfer
Liechtenstein	EUR	Debit Card, Bank Transfer
Lithuania	EUR	Debit Card, Bank Transfer
Luxembourg	EUR	Debit Card, Bank Transfer
Malta	EUR	Debit Card, Bank Transfer
Netherlands	EUR	Debit Card, Bank Transfer
Norway	EUR	Debit Card, Bank Transfer
Poland	EUR	Debit Card, Bank Transfer
Portugal	EUR	Debit Card, Bank Transfer
Romania	EUR	Debit Card, Bank Transfer
Slovakia	EUR	Debit Card, Bank Transfer
Slovenia	EUR	Debit Card, Bank Transfer
Spain	EUR	Debit Card, Bank Transfer
Sweden	EUR	Debit Card, Bank Transfer
United Kingdom	GBP	Bank Transfer, Debit Card
Hong Kong	HKD, USD	Bank Transfer, Debit Card
India	INR	Bank Transfer
Malaysia	MYR	FPX Transfer, Bank Transfer
Malaysia	USD	Bank Transfer
Singapore	SGD	PayNow, Bank Transfer, Credit/Debit Card Transfer
Singapore	USD	Bank Transfer
United States	USD	Credit/ Debit Card Transfer, ACH / direct debit, Set up Instarem as Payee, wire transfer

Now that you are done with your first transfer, let’s explore some special features of the Instarem app.

You Might Also Like To Read: 4 reasons why you should send money with a credit card & how to do it

6 special features of the Instarem app

These great features will take your sending-money experience to the next level.

Quick Send

Are you sending to the same folks repeatedly? You are in for an even faster experience. Here’s how you can send money in just TWO steps!

Simply go to the Quick Send option on your dashboard and fill in the details.

Transaction Timeline

Want to know if your money is on its way? You can check the timeline for your transfer status on the Instarem app. Get automatically alerted when it reaches your recipient, and when your transfer is complete.

Activity Listing

Don’t worry if you can’t remember if you’ve sent money to your mom. Access your transaction history on ‘Latest Activity’ situated below ‘Quick Send’ or by using the activity icon (on the bottom tab). The app keeps track of transactions in the last 365 days.

Fingerprint Login or Face ID

Finding it hard to remember your passwords? Don’t worry! Set up your fingerprint or Face ID login and you can safely access your app with biometric authentication.

Here are the steps to set up:

Press the profile icon (last icon on the bottom right)
Go to settings
Enable Fingerprint login or Face ID
Follow the set-up instructions

Earn Instapoints

Instapoint is a reward system created by Instarem where you earn points for every transfer you make.

The more you transfer, the more you earn.

You can redeem between 100 and 400 InstaPoints per transaction. There is no maximum number of InstaPoints you can accumulate over time.

Want more InstaPoints? Refer your friends.

Personalize your experience through your profile section

Don’t underestimate your profile section. Here’s where you have full control of your experience.

Set your payment options to allow the use of credit and debit card payments to make your money transfer experience simpler.

Want a full dark mode experience? Go to settings and personalize your experience under “Theme”

Have a query? Click on the support button to either drop an email or chat with our customer service team. FAQs are also available for you to browse through.

Simply access your profile section via the last icon at the bottom right of your dashboard.