International Money Transfer Limits

Many countries have limits on outward foreign currency flows. Kindly take a note of international money transfer limits as per your country of residence, mandated by local regulatory authorities, as well as by Instarem. Please note this list is updated on a periodic basis.

CountryMinimum transfer amount - Native currency (Instarem)Minimum transfer amount - Other currencies (Instarem)Payment methods & maximum transfer amountsComments

Australia

AUD 1

N/A

  • PayID transfer: No sending limit
  • Bank transfer: No sending limit
  • Debit card: AUD 20,000
  • Credit card: AUD 20,000

Instarem limits

Hong Kong

HKD 1

USD 1

  • Bank transfer: No sending limit
  • Debit card: HKD 30,000

Instarem limits

Singapore

SGD 1

USD 1

  • PayNow: SGD 200,000 per day
  • Bank transfer: No sending limit
  • Debit card: SGD 20,000
  • Credit card: SGD 20,000
  • Linked bank account: Up to SGD 200,000 

Instarem limits

Malaysia

MYR 1

N/A

  • FPX transfer: MYR 30,000 per day*
  • Malaysian citizen: MYR 30,000/day
  • Expat: MYR 30,000/day
  • Foreign worker: MYR 5,000/month

Regulatory limits

India

INR 5000

INR 19,000,000

  • Bank transfer: Min INR 5,000 and maximum INR 1,90,00,000
  • INR 1,90,00,000 per financial year

Regulatory limits

Europe

EUR 1

N/A

  • Bank transfer: No sending limit
  • Debit card: EUR 10,000

Instarem limits

United Kingdom

GBP 1

N/A

  • Bank transfer: No sending limit
  • Debit card: GBP 10,000

Instarem limits

United States

USD 1

N/A

Per transaction limit

  • ACH: USD 3,000*
  • Set up Instarem as ‘Payee’: Instarem limits
  • Wire transfer: Instarem limits
  • Debit card: USD 1,000*
  • Credit card: USD 1,000*

 

Monthly limits

  • ACH: USD 12,000*
  • Set up Instarem as ‘Payee’: Instarem limits
  • Wire transfer: Instarem limits
  • Debit card: USD 2,000*
  • Credit card: USD 2,000*

Instarem limits

Canada

CAD 1

N/A

INTERAC e-Transfer:

  • CAD 3,000 per day
  • CAD 10,000 per week
  • CAD 20,000 per month

Instarem limits

Japan

JPY 1

N/A

Bank Transfer:  

  • Minimum limit per transaction: JPY 5,000 
  • Maximum limit per transaction: JPY 1,000,000  

Instarem limits 

Besides the above limitations on outward remittances in various countries, regulations in receiving countries also impose limits on maximum inward remittances to individual and business recipients in the country. Please find a list of countries below with regulatory limits on inward money transfers. In some cases, we have also included possible limits by local banks.

CountryBusiness to BusinessBusiness to IndividualIndividual to Individual

India

1.5 Million INR (approx. USD 25,000) per transaction per day for Trade
transactions only.


No limit on transfers made in USD.

No limit

No limit

Philippines

  • <150,000 PHP (beneficiary will receive exact amount)
  • >150,000 PHP (beneficiary may receive lesser amount as beneficiary bank may charge fees for transaction above 150,000 PHP).
  • No limit on transfers made in USD.
  • <150,000 PHP (beneficiary will receive exact amount)
  • >150,000 PHP (beneficiary may receive lessr amount as beneficiary bank may charge fees for transaction above 150,000 PHP).
  • No limit on transfers made in USD.
  • <150,000 PHP (beneficiary
  • No limit on transfers made in USD.

Indonesia

No Limit

No Limit

No Limit

Thailand

 

  • Transaction limit per remitter is 2,000,000 THB per day, per Kasikorn bank beneficiary
  • Transaction limit per remitter is 49,999 THB per day, per non-Kasikorn bank beneficiary
  • No limit on transfers made in USD.
  • Transaction limit per remitter is 2,000,000 THB per day, per Kasikorn bank beneficiary
  • Transaction limit per remitter is 49,999 THB per day, per non-Kasikorn bank beneficiary
  • No limit on transfers made in USD.
  • Transaction limit per remitter is 2,000,000 THB per day, per Kasikorn bank beneficiary
  • Transaction limit per remitter is 49,999 THB per day, per non-Kasikorn bank beneficiary
  • No limit on transfers made in USD.

Malaysia

No Limit

No Limit

No Limit

Singapore

No Limit

No Limit

No Limit

Bangladesh

No Limit

No Limit

No Limit

Hong Kong

 

No Limit

No Limit

No Limit

Sri Lanka

 

No Limit

 

No Limit

 

No Limit

 

Vietnam

 

-

  • Minimum Transfer Amount: 500,000 VND and Maximum destination amount is 250000000 VND per transaction
  • No limit on transfers made in USD.
  • Minimum Transfer Amount: 500,000 VND and Maximum destination amount is 250000000 VND per transaction
  • No limit on transfers made in USD.

China - (CNY)

Currently, we do not support this service.

Currently, we do not support this service.

  • For Money Express – Maximumum Transaction amount is 5,000 USD per transaction and 10,000 USD per day
  • For Bank Channel – 3,000 USD per transaction.
  • For Bank Channel – For each beneficiary, 2 transactions per day and yearly quota for each beneficiary is 50,000 USD
  • We do not support CNY payments from India

China - (USD)

No Limit

 

No Limit

 

Nepal

 

No Limit

 

No Limit

 

No Limit

 

Australia

 

No Limit

No Limit

No Limit

UK

No Limit

 

No Limit

 

No Limit

 

South Korea

 

Per Transaction Limit: USD 3,000 equivalent.


Note: USD payout is not available in South Korea.

Per Transaction Limit: USD 3,000 equivalent.


Note: USD payout is not available in South Korea.

Per Transaction Limit: USD 3,000 equivalent.
Note: USD payout is not available in South Korea.

Pakistan

 

No Limit


Note: USD payout is not available in Pakistan.

Daily limit per beneficiary: USD 3,000 equivalent.


Note: USD payout is not available in Pakistan.

Daily limit per beneficiary: USD 3,000 equivalent.


Note: USD payout is not available in Pakistan.

Ghana

 

Minimum transaction amount: GHS 50


Maximum transfer amount: GHS 5000

Minimum transaction amount: GHS 50


Maximum transfer amount: GHS 5000

Minimum transaction amount: GHS 50


Maximum transfer amount: GHS 5000

Nigeria

 

Minimum transaction amount: NGN 50


No limit on maximum transfer amount

Minimum transaction amount: NGN 50


No limit on maximum transfer amount

Minimum transaction amount: NGN 50


No limit on maximum transfer amount

Tanzania

No Limit

 

No Limit

 

No Limit

 

Uganda

 

Minimum transaction amount: UGX 50


No limit on maximum transfer amoun

Minimum transaction amount: UGX 50


No limit on maximum transfer amoun

Minimum transaction amount: UGX 50


No limit on maximum transfer amoun

The above information is provided on ‘as-is’, ‘as-available’ basis only. The above information is subject to change and will be periodically updated. Although every effort is made to ensure the reliability of the information above, we encourage you to do a thorough esearch through various Government and other sources to reach a conclusion. This shall not constitute as a warranty, either expressed or implied with regards to the accuracy and adequacy of any information stated herein. Instarem would not be liable for any discrepancy, or any loss or damage arising as a result of the above data.