What is the difference between remittance and card wallets?

27 May 2025

1 min read

Written by Aditi Ray

This article covers:

When using the Instarem Business Card, you will see two separate wallets on your dashboard:

Remittance wallet: Used exclusively for remittance transactions (money transfers).

Card wallet: Used exclusively for all card transactions (payments and withdrawals).

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.

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