How do I transfer money overseas from India using Instarem?
You can transfer money overseas by following these simple steps:
- Log in or sign up at www.instarem.com
- Enter the amount you’d like to send, the source of funds, and reason for transfer.
- Enter your recipient’s details.
- Upload supporting documents based on your reason for transfer, such as your university letter, education visa, emigration payment invoice, etc.
- Complete your Aadhaar e-verification by providing your Aadhaar number and OTP.
- Complete your PAN e-verification by entering your PAN number.
- Check your details on the transaction form and e-sign it digitally – no physical form needed.
- A request to complete your video verification will appear for which you need to keep the physical copies of PAN and Aadhaar handy so that our agent can complete the verification process.
- Alternatively, you can choose to complete video KYC after online payment, within 48 hours of signing the transaction form. Please note – your first transaction won’t be processed without completing the video verification.
- Once verified, your information will be saved, and you will not need to go through the verification process again.
- We’ll share our bank account details. Please add Nium as the beneficiary on your online banking portal and make the payment within 48 hours.
- Done! Your funds will be sent to your recipient within 1-2 business days.