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Instarem’s WELCOME Promotion – Terms & Conditions

*Terms and conditions

Instarem’s WELCOME promotion (“Promotion”) is brought to you by (NIUM Pte Ltd, the parent company of NIUM subsidiaries globally –https://www.instarem.com/terms-policies/.

Please read these terms and conditions before participating in this Promotion.

By participating in this Promotion, you, as a Participant, and all the Participant(s) agree to be bound by these terms and conditions, and you satisfy all eligibility requirements as provided below.

Who can be a Participant in this Promotion?

  • As a Participant in the Promotion, you must be at least 18 years of age.
  • This Promotion is applicable to the residents of the India only.
  • This promotion is applicable for sending money to all receiving corridors available on Instarem.
  • User(s) can participate in the Promotion by making a transaction through Instarem’s website and mobile app.
  • The terms of the Promotion will apply to all new user(s) registered and approved with Instarem.
  • The promotion will be applicable only once per user for his/her first transfer made after completing the onboarding process.
  • A “new user” is a participant who makes a successful Instarem transaction for the first time during the promotion period.

How to participate in the Promotion?

  • Register or log into Instarem.
  • Complete your ID verification process.
  • Set up a transaction and use the following promo code to avail a 500 INR bonus on your first transfer: WELCOME
  • Complete your video verification kyc process for the transaction to be successful.

Promotion period

  • This offer is valid from Monday, October 16, 2023, until Friday, May 31st, 2024.

Promotion gratification

  • You will get 500 INR bonus on your first successful transfer using the code WELCOME.
  • Offer valid only for your first Instarem transaction of a minimum amount of 25,000 INR.

Promotion exclusions

  • Instarem employees are not eligible to participate in this Promotion.
  • This Promotion is not applicable for corporate clients.
  • This Promotion is in no way sponsored, endorsed or administered by or associated with any social media platform.
  • Failure to comply with any of these terms and conditions may result in the disqualification of entry into the Promotion.

Other terms

  • All transfers need to be within Instarem’s policies and regulatory requirements. Please refer to our FAQs for more information: https://www.instarem.com/help-personal/ 
  • Instarem expressly reserves the right, at any time and without prior notice, to add and/or alter, modify, change or vary all or in part, this Promotion, or to cancel the Promotion altogether without any prior notice.

Nium Forex India Pvt. Ltd. is licensed by the Reserve Bank of India as a Category-II Authorised Money Exchange Dealer (AD II).

Instarem is a brand operated by Nium Forex and provides international money transfers to customers in India.