Does Instarem need to onboard my customer for me to be able to receive payments? 

14 Dec 2023
1 min read
Written by WebOps CPL

No, Instarem doesn’t need to onboard your customers who are sending payments to your Global Collection Account. However, we may conduct hygiene checks on your customers as part of our regulatory requirements. Simply share your local bank account details with your customers, and they can make payments directly without any additional onboarding requirements.  

About Instarem

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.