Instarem Global is an international money transfer service offering competitive exchange rates and an InstaPoints rewards programme. This 2026 review covers transfer fees, exchange rates, supported countries, the rewards programme, and how Instarem compares to Wise and Remitly.
Quick Verdict: 4.0/5
Instarem offers genuinely competitive rates for Asia-Pacific corridors — particularly Singapore, India, Malaysia, Philippines, and Australia — where its local banking relationships enable faster settlement and lower fees. For Europe-to-Europe transfers, Wise is generally cheaper; for Asia-Pacific, Instarem is often the better choice.
Fees and Corridors
Fee: combination of transfer fee (varies by corridor) plus FX spread (0.3–1.5% above mid-market). Strongest corridors: SGD, INR, MYR, PHP, AUD, NZD. Transfer times: 1–3 business days, instant for some. Supported countries: 60+. InstaPoints rewards: redeemable for fee discounts on future transfers. Regulated in multiple jurisdictions (MAS, FCA, AUSTRAC).
Pros and Cons
- ✅ Strong Asia-Pacific coverage and competitive rates
- ✅ InstaPoints rewards — earn fee discounts
- ✅ Regulated by MAS, FCA, and AUSTRAC
- ✅ Business transfers available
- ❌ FX spread slightly higher than Wise on many corridors
- ❌ Less competitive for Europe and Americas
- ❌ App experience less polished than Wise
Related Reviews
Also comparing money transfer services? See our Wise USD Review 2026, our Wise AUD Review 2026 for Australian transfers, and our Wise EUR Review 2026 for European transfers.