Instarem fees:
Stay in control with transparent pricing
We believe in keeping things simple, fast, and low-cost. With just a few taps, your money can be on its way, without breaking the bank. Get better exchange rates and low fees with full transparency and easy tracking of your money.
Competitive exchange rates
We will always offer you the best rates we can with zero to minimal margin, so you get the most value out of your transactions with us.
Low transaction fees
Our fees are competitively low. Our platform is designed to maximise your savings, ensuring that costs are kept as low as possible.
No hidden fees
We will show you the costs upfront so there are no surprises, and you can transact with full confidence and peace of mind.
How much does it cost to send money overseas with us?
The cost and speed of your transaction depends on the destination, your payment method, and how you want your funds to be received. We show you the cost upfront, so you can make the best choice for you.
For illustration purposes. Updated fees are shown to you at the time of setting up your transaction.
No sign-up fee.
No hidden charges.
You’ll know the fees upfront and pay only for what you use.
| Registering with Instarem | |
|---|---|
|
Free |
| Sending money | From 0.4%
Fees and exchange rates vary by sending amount, currency, payment method and receiving country and method.
|
| Annual fees | Free |
| Card issuance | Free |
| Card replacement and delivery | Free |
| FX (non-SGD) admin processing fee | Free |
| Domestic (SGD) transactions | 1% fee (minimum 0.50 SGD) on:
|
| amaze wallet top-up with Mastercard | Free |
| amaze wallet top-up with Visa card | 1.5% fee |
| amaze wallet top-up with PayNow | Free |
| Overseas ATM cash withdrawal | 2% fee |
| Registering with Instarem | |
|---|---|
|
Free |
| Send money globally |
Standard fees: 0.65%
Subject to sending amount, currency, payment method and receiving country.
|
| Receiving money | |
|
Standard fees: 0.30%
Subject to receiving amount and receiving country.
|
| Withdrawing money from your account | Free |
| For businesses registered with Instarem in Hong Kong, Malaysia, India and Indonesia, payments received in global collection account are automatically transferred to the client’s registered local bank account at midnight. |
What our customers say
Have questions?
What are the fees associated with sending money with Instarem?
Our fees vary depending on factors such as the transfer amount, destination country, and the selected payment method. To check exchange rates and fees as an individual, just visit our homepage calculator. Choose the country you're sending money to and your payment method.
Clients with a business account can log in to biz.instarem.com to see rates and fees.
Do you charge additional fees for currency conversion?
There are no additional fees for currency conversion. However, we do add a small margin to currency exchanges, but don't worry – all fees are transparently displayed before you proceed with the transaction.
Are there any hidden charges or additional costs involved in transferring money?
No, we believe in transparency, and there are no hidden charges. The fees displayed to you before confirming the transaction are inclusive of all costs associated with the transfer.
Is there a difference in fees based on the method of payment used?
Yes, the fees may vary depending on the payment method chosen.