Can I receive money directly into my bank account?
While receiving money directly into your bank account isn’t an option, you have alternatives. For businesses registered in Australia and Singapore, once funds are received in their Global Collection Account, they can transfer these to their local bank account or use them for future transactions. However, for businesses operating in Malaysia, Hong Kong, India, and Indonesia, the funds are automatically transferred to their local bank accounts at midnight.
Instarem stands at the forefront of international money transfer services, facilitating fast and secure transactions for both individuals and businesses. Our platform offers competitive exchange rates for popular currency pairs like USD to INR, SGD to INR, and AUD to INR. If you're looking to send money to India or transfer funds to any of 60+ global destinations, Instarem makes it easy for you. We are dedicated to simplifying cross-border payments, providing cutting-edge technology that support individuals and businesses alike in overcoming traditional fiscal barriers normally associated with banks. As a trusted and regulated brand under the umbrella of the Fintech Unicorn Nium Pte. Ltd., and its international subsidiaries, Instarem is your go-to for reliable global financial exchanges. Learn more about Instarem.