Buying a house in France, planning a dream getaway in one of the world's most beautiful country or just sending money home to your loved ones, the reasons to transfer money to France could be many. But there is only one way to escape the brutal bank fees while you are at it - InstaReM. Money transfers through banks and money transfer operators (MTOs) lack transparency. While you do expect a fee for the money transfer, you are not aware that your transfers are hit by hidden transaction costs as well. What's more? Neither the sender nor the recipient is informed about these charges before the transaction takes place. A World Bank report in 2017 cited banks as the most expensive method of money transfer, with an average transaction cost of 10.44%! Remittances through these institutions also take a long time to clear due to a number of processes between transacting banks, or between two international MTO branches.
With InstaReM, you break free of boring queues and cumbersome paperwork. InstaReM makes money transfers a breeze in just a few easy steps. To be able to send money to France at Zero-Margin FX rates with us, you need to Sign Up on the InstaReM website, open a free account by furnishing a few basic details such as your name, IBAN, a valid ID card, etc. These details are in compliance with the European Anti-Money Laundering laws.
Besides trimming down the cost of overseas money transfers, InstaReM ensures speedy money transfers to France. Are you planning a money transfer to France? Check out our Zero-Margin rates right here and get going!
You can also transfer money to other countries in
We top up your account with 75 InstaPoints as soon as you Sign Up.
InstaPoints are loyalty points that you can redeem against your transactions to give you a discount.
More The InstaPoints, More The Discount.