• Home
  • Instarem’s Referral Bonanza Promotion – Terms and Conditions

Instarem’s Referral Bonanza Promotion – Terms and Conditions

Refer and get a 8000 JPY Instarem bonus

Refer and get a 8000 JPY Instarem bonus on each successful referral. As a welcome offer, referees also get a special rate on their first transfer of 15,000 JPY and above.  

  

That’s not all! Referrer and Referees will get 200 InstaPoints as per Instarem’s existing referral program.   

  

Please refer to the T&Cs below.

Share your referral link from here

Terms and conditions      

  • Referral Bonanza Promotion (“Promotion”) is brought to you by Nium Pte Ltd. and associated entities (formerly known as Instarem Pte. Limited – “Instarem”). Please read these Terms and Conditions before participating in this Promotion. By participating in this Promotion, you, as a Participant, and all the Participant(s) agree to be bound by these Terms and Conditions, and you satisfy all eligibility requirements as provided below    

   

Who can be a Participant in this Promotion?   

  • To participate in this Promotion, you must have a registered Instarem Individual account.   
  • This promotion is applicable to ‘referrers’ who have an approved Instarem individual account in Japan, and ‘referees’ who are residents of any of Instarem’s sending corridors: Australia, Singapore, Hong Kong, Malaysia, Europe, the United States, the United Kingdom and Canada.   

   

How to participate in the Promotion?   

  • Referrer(s) can log into their Instarem account, share their referral link with their friends and family, or simply copy the referral link shared on the promotion email sent on referrer’s registered email ID. Then ask the referees to sign up using the link. For more information see Steps to Refer Your Friend below.   

   

Promotion period      

  • The Referral Bonanza Promotion will run from Wednesday, January 8, 2025; 00:00:00 JST until Friday, February 28, 2025; 23:59:59 JST. 

   

Promotion gratification     

For the Referrer:    

  • The 8000 JPY Instarem bonus will be awarded for successful referrals in the form of a coupon, which will be valid for 6 months from the date of receipt of the coupon.   
  • The minimum transaction value for the referrer to avail the Instarem bonus of 8000 JPY would be 100,000 JPY. 
  • Get an Instarem bonus for every friend that you refer who makes a successful transaction with us. You will be eligible for one Instarem bonus per successful referral. For e.g.: If you refer 4 friends successfully, you will be eligible for 4 Instarem bonuses.  
  • A “successful referral” is one whereby the referred client has completed his/her first transaction successfully, without any related cancellations, rejections or unpaid transactions within the campaign period.  
  • During this contest, a referral get rewarded for a maximum of 10 successful referrals. For eg.- If a referrer refers 20 referees, and 15 turn out be successful referrals, the referrer is eligible to earn rewards for 10 successful referrals only. 
  • The bonuses can’t be clubbed and must be used separately by the referrer. 
  • Referrers will receive their Instarem bonus between March 15 and 31, 2025 sent to their registered email.   

   

For the Referee:   

  • Referees must use the Referrer’s referral code while signing up and may use only one referral code to sign up. 
  • Referees must sign up and complete their first transaction during the campaign period i.e., from Wednesday, January 8, 2025; 00:00:00 JST until Friday, February 28, 2025; 23:59:59 JST. 
  • Referees also get 200 InstaPoints which they earn from Instarem’s existing referral programme. 
  • Referee will get a special rate on their first transfer of 15,000 JPY and above. Details of availing this special fee can be found here.  

   

Steps to Refer a friend   

  1. Referrer must log in and share his/her referral link with friends and family.  On web – go to ‘Invite & Earn’ menu. On app – go to your profile/My Account. Or, the referrer can simply copy the referral link sent on his/her Instarem registered email ID and share it with friends and family. 
  2. Referees can sign up with Referrer’s referral link.   

   

Instarem’s Referral Bonanza promotion mechanics        

  • The terms of the Promotion will apply to all the eligible referrers and refereers who are registered and approved customers of Instarem.   
  • A “successful referral” is one whereby the referred client has completed his/her first transaction successfully, without any related cancellations, rejections or unpaid transactions within the campaign period.   
  • Only those transactions of referred customers(s) that are ‘Paid to Beneficiary’ (Transaction Status: Paid) as on end of Promotion date would be considered for the Promotion. There could be cases where last-minute transfers set up by referred customer(s) could face delays due to compliance or other regulatory reasons, or could be subject to delays in regular processing. Please note that such transactions will not be considered.   

   

Promotion exclusions      

  • In case a Referrer has referred himself (he has created a 2nd account with his own details), it will not be counted in the referral total and such entries will be considered ineligible for the Promotion.   
  • Instarem employees are not eligible to participate in this offer.   
  • Transfers by new referred customer(s) to their referrer’s account would be considered as a quid pro quo and would not be eligible.   
  • Transfers by new referred customer(s) of a referrer to a common account(s) would be considered as a quid pro quo and would not be eligible.   
  • Failure to comply with any of these terms and conditions may result in the disqualification of the entry in the Promotion.     

   

Other terms      

  • Instarem expressly reserves the right, at any time and without prior notice to add and/or alter, modify, change or vary all or in part, this Promotion or to cancel the Promotion altogether.   
  • This Promotion is in no way sponsored, endorsed or administered by or associated with Facebook or any other social media platform.   

    

Instarem is a brand operated by Nium Pte. Ltd. and its subsidiaries globally. In Japan, Nium Japan Kabushiki Kaisha is registered with the Kanto Local Finance Bureau as a Type 2 Fund Transfer Services Provider (Registration No: 00073). This does not constitute or form part of an offer, solicitation, or advertisement of the Instarem services to any person outside Japan.