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.
Country | Minimum Transfer Amount - Native Currency (Instarem) | Minimum Transfer Amount - Other Currencies (Instarem) | Maximum Transfer Amount | Comment | |||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Australia | ||||
- Individual | AU$1 | N/A |
Per Transaction Limit
|
(Instarem Limits) |
- Business | AU$1 | N/A | N/A |
Singapore | ||||
- Individual | SG$1 | USD 1 | N/A | (Instarem Limits) |
- Business | SG$1 | USD 1 | N/A |
Hong Kong | ||||
- Individual | HK$1 | USD 1 | N/A | (Instarem Limits) |
- Business | HK$1 | USD 1 | N/A |
Malaysia | ||||
- Individual | MYR 1 | N/A | RM30,000 | (Regulatory Limits) |
- Business to Consumer | MYR 1 | N/A |
Max. Daily Limit:RM50,000
|
(Regulatory Limits) |
- Business to Business | MYR 1 | N/A |
Max. Daily Limit:
FPX: RM5,950,000 Bank Transfer: RM5,950,000 Per Transaction Limit
|
(Regulatory Limits) |
India | ||||
- Individual | INR 4000 | N/A |
USD 5,000 equivalent
(Max Limit Per Transaction)
USD 245,000 equivalent (Max Limit Per Financial Year 1st Apr to 31 Mar) |
(Regulatory Limits) |
- Business | N/A | N/A | N/A |
Europe | ||||
- Individual | EUR 1 | N/A | N/A | (Instarem Limits) |
- Business | EUR 1 | N/A | N/A |
UK | ||||
- Individual | GBP 1 | EUR 1 | N/A | (Instarem Limits) |
- Business | GBP 1 | EUR 1 | N/A |
US | ||||
- Individual | US$1 | N/A | Bank Transfer Method - N/A
ACH Pull Method - 1500 USD per transaction 3000 USD per 30-days For sending money to Mexico: Maximum limit per transaction is USD 1000 For higher amounts, kindly use Bank Transfer Method. |
(Instarem Limits) |
- Business | N/A | N/A | N/A |
Canada | ||||
- Individual | CAD 50 | N/A | INERAC e-Transfer limits -
3000 CAD per day 10,000 CAD per week 20,000 CAD per month |
(Instarem Limits) |
- Business | N/A | N/A | N/A |
Country | Business to Business | Business to Individual | Individual 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 |
|
|
|
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 |
USA | The maximum per transaction limit is 1,00,000 USD. | The maximum per transaction limit is 1,00,000 USD. | The maximum per transaction limit is 1,00,000 USD. |
Australia | No Limit | No Limit | No Limit |
UK | No Limit | No Limit | No Limit |
Europe | 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 amount |
Minimum transaction amount: UGX 50 No limit on maximum transfer amount |
Minimum transaction amount: UGX 50 No limit on maximum transfer amount |
The above information is provided on 'as-is', 'as-available' basis only. The above information is subject to change and would 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,
ither 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.
We top up your account with 75 InstaPoints as soon as you Sign Up.
InstaPoints are loyalty points that you can redeem against your transactions to give you a discount.
More The InstaPoints, More The Discount.