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) | Payment methods & maximum transfer amounts | Comments |
---|---|---|---|---|
Australia | AUD 1 | N/A |
|
Instarem limits |
Hong Kong | HKD 1 | USD 1 |
|
Instarem limits |
Singapore | SGD 1 | USD 1 |
|
Instarem limits |
Malaysia | MYR 1 | N/A |
|
Regulatory limits |
India | USD 50 equivalent | USD 50 equivalent |
|
Regulatory limits |
Europe | EUR 1 | N/A |
|
Instarem limits |
United Kingdom | GBP 1 | N/A |
|
Instarem limits |
United States | USD 1 | N/A |
|
Instarem limits |
Canada | CAD 1 | N/A |
INTERAC e-Transfer:
|
Instarem limits |
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 25 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.