How can I withdraw money from my Global Collection Account? 

14 Dec 2023
1 min read
Written by WebOps CPL

For businesses based in Malaysia, Hong Kong, India and Indonesia, any funds received in their Global Collection Account are automatically transferred to their linked local bank account associated with their Instarem business account. They don’t need to initiate any manual withdrawal process.  

Business based in Australia and Singapore can easily withdrawing funds from their Global Collection Account. You can utilise the “Exchange” option to exchange your balance from wallet to your home currency, then access your home currency wallet, where you will find a “Withdraw” option. Click on “Withdraw” and enter the desired withdrawal amount. You will also have the option to add or select your bank account for the withdrawal. By following these steps, you can easily withdraw funds from your Global Collection Account and transfer them to your designated bank account. 

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.