InstaReM’s ReferForReward Promotion – Terms and Conditions

Here’s your chance to get InstaReM Coupons From Us

Refer as many friends you want and earn InstaReM coupons on each referral when your friend makes their first transaction with us. That’s not all, you and your friend also get 400 InstaPoints.  

*Please refer to the T&Cs below. 


Terms and Conditions  

This ReferForReward 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 & Conditions, and you satisfy all eligibility requirements as provided below:   

  • As a Participant in the Promotion, you must be at least 18 years of age.    
  • This Promotion is applicable to the territory and the residents of Singapore, Malaysia, Hong Kong, the United Kingdom, Europe and the United States only. 
  • This promotion is applicable for sending money to all receiving corridors except the Philippines. 
  • User(s) can participate in the Promotion by making a transaction through the website and mobile app. 
  • The referrer must have an approved account with InstaReM. 
  • ReferForReward Promotion: Refer a friend successfully and get an InstaReM coupon for each successful Referral. Please refer to the table below for coupon values: 

The value of Coupon in different region is as per the below table:  


  • Participant also gets 400 InstaPoints which they already earn from InstaReM’s Existing Referral programme https://www.instarem.com/referrals-info 
  • Referee also gets 400 InstaPoints which they earn from InstaReM’s Existing Referral programme https://www.instarem.com/referrals-info.
  • To be eligible for the ReferForReward Promotion (“Promotion”) all referrals are required to successfully complete their first transaction before the end of the Promotion period i.e. August 6, 2020; 23:59:59 UTC.   
  • This offer is valid from July 6, 2020; 00:00:00 UTC until August 6, 2020; 23:59:59 UTC. 

InstaReM’s ReferForReward Promotion: ‘Promotion’ Mechanism

  • The terms of the Promotion will apply to all the user(s) registered and approved with 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 client(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 client(s) could face delays due to compliance or other regulatory reasons, or due to delays in regular processing. Please note that such transactions will not be considered.     
  • Transfers by new referred client(s) to their referrer’s account would be considered as a quid pro quo and would not be eligible.     
  • Transfers by new referred clients of a referrer to a common account(s) would be considered as a quid pro quo and would not be eligible. 
  • 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. 
  • All transfers need to be within InstaReM’s policies and regulatory requirements – Please refer to our FAQs for more information – https://www.instarem.com/help-and-support    
  • user(s) will be eligible for one coupon per successful referral. For e.g.: If one refers 4 friends successfully, he/she will be eligible for 4 coupons. 
  • InstaReM employees are not eligible to participate in this offer. 
  • Immediate family members of referring clients will not be counted in the referral total and such entries will be considered ineligible for the Promotion.    
  • Failure to comply with any of these terms and conditions may result in the disqualification of the entry in the Promotion.    
  • This Promotion is not applicable for corporate clients. 
  • A Participant(s) can make a transfer of a minimum amount as defined in their region by InstaReM on https://www.instarem.com/info/international-money-transfer-limits 
  • InstaReM reserves the right to choose eligible entries of the Promotion and will not and does not have any obligations under any circumstances to explain the choice of eligible entries.    
  • 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. 

Gratification Details:  

  • Users will receive their InstaReM Coupons by August 13, 2020. 
  • Coupon will be valid until 1 year from the date of receiving the coupon.