Sign up cost: Free
Available: Online/app
Number of currencies: 55+
Number of countries: Almost global
Minimum transfer: $1
Transfer fee: Between 0.25–1%
Exchange rate margin: Actual market rates
Transfer speed: 1–2 days

Best for: Businesses with international staff and freelancers

InstaReM is based in India and offers a quick, simple and easy process for money transfers, especially to the East.

Transfers are simply made through the app, and users can earn loyalty points.

InstaReM also has a mass-pay platform that allows users to make bulk payments to multiple recipients in multiple currencies.

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