Instarem User Reviews

Instarem: Send money abroad
Instarem: Send money abroad
Instarem India Private Limited

Top reviews

Very slow

I use a lot apps to send money abroad, gave this one a try, it takes a while for them to say they received the money even thou my bank arealdy said money is deposited . Also, after sending the e-transfer to them, my bank locked my account out. My money hasnโ€™t been sent yet nor received by them as per their app. This definitely the first and last transaction I make with them .
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Response from developer

We deeply apologize for the inconvenience and understand this is not the experience you expected from us. To assist you better, please provide your Customer Identification Number or Transaction Number, and weโ€™ll get in touch to resolve your concerns. Alternatively, you can submit an enquiry via our app or website through the Help Centre. Thank you for your patience and understanding.

Wonderful App offers best available rates

I did my first transfer to Malaysia for my brother and He got the money at best rate and no fee at all.

Very bad experience

So slow and literally no service.

Response from developer

Hi there, apologies for the inconvenience caused. Transfers are typically sent immediately once we receive the funds. But transfer times can vary due to factors such as the payment method used and the processing time of the receiving bank. We are committed to providing you with a fast, seamless experience. If you need a hand with anything, please don't hesitate to reach out via our Help Centre, we're always here to assist you.

Worse than wise and Revolut

I invited a friend, she started to use, but you guys keep asking for documents. She needed the money fast, as my previous transfer was fast so I recommended.
Guys, pay a little bit more on wise or Revolut, but donโ€™t use instarem. Itโ€™s almost a week already and she doesnโ€™t have the money and no one answer.
I will stop using it because it can happen to me.
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Response from developer

Dear Customer, We're sorry to hear about the trouble your friend is experiencing. Please provide us with the CIN and Transaction ID linked to his/her account. This will allow us to contact him/her registered mobile number and offer the necessary assistance to resolve the issue.

Not working in New Zealand

When will you add New Zealand to transfer money to India??

Response from developer

Dear Customer, We acknowledge your concern regarding our services. At present, we do not provide services from New Zealand. However, should we introduce this offering in the near future, we will ensure that updates are communicated through our website.

SCAM!

I HAVE BEEN WAITING FOR WHOLE DAY AND SUBMITTED EVERYTHING FREAKING THINGS YOU GUYS REQUESTED, AND GUESS WHAT MY TRANSFER DID NOT GO THROUGH. NOW MY MONEY WILL BE STUCK THERE FOR 7-12 DAYS MORE, TOTAL HALF OF MONTH! BRO I NEED MY MONEY BACK. it will trick you by giving you higher rate at first time sending but then it will not go through and boom you got nothing and your money will stuck there for HALF OF THE MONTH! GOOD LUCK !
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Response from developer

Dear Customer, Hello from Instarem! We couldn't find your Instarem account using the user ID provided in your review. To help us resolve your issue more effectively, please share the CIN linked to your Instarem account or the transaction ID. Thank you!

I loved this App, but could be better

I am using this app from long time. This app is reliable and safe.
But only disappoint is its conversion rate is 8-10 paisa less than Remitly. Itโ€™s matter when you are sending huge amount.
Please work on it.

Response from developer

Hi Santosh, thank you for finding the time to share your feedback. We are delighted to hear that your experience using Instarem has been pleasurable. ย  While exchange rates constantly fluctuate, we remain committed to offering you the most competitive rates and low fees to ensure you get the best value for your transfers. You may try out our FX Rate Watch subscription. It will allow you to catch the best possible rates in the market for your future transactions. We're here to support you with any questions you may have. Thanks for using Instarem!

Good transfer rate

The app is fantastic and very user-friendly for transferring amounts. However, it would be even better if I could delete recipient accounts entirely. Currently, marking them as inactive still allows me to see their bank details. Adding a feature to delete recipients would be a great improvement!

Quick, mostly within few hours and wonder experience with no issues after numerous transfers

I loved the app and best of all the other money transferring apps. Most of the times, my money was sent within 4 to 8 hrs + the rate are best in the market with 0 transfer fees. Best in class. Thanks Instarem.

Best in the market

I am using this app for quite sometime. They give the best rate as well as the fastest transfer. I find this app better among others.

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