Instarem
4.4 / 5Trust 4.5 / 57.6k reviews
Instarem (part of the Nium group) is a Singapore-founded fintech offering international transfers at a small FX margin with no fixed fee for bank-funded sends, plus wide cash-pickup coverage in the Philippines.
Transfer limits
Minimum
€1
Maximum
€5K
Fee structure
- Bank transferBank transfer, FX margin only (0.37%–0.95%), no fixed fee0.60%
- Debit cardCard payment (2–3% fee)2.50%
Delivery methods
Bank transferCash pickup
Pros & cons
Pros
- FX margin under 1% on bank transfers
- No fixed fee for bank-funded sends
- 21,000+ cash pickup locations in the Philippines
- Excellent Trustpilot rating (4.4/5)
Cons
- Cost-effectiveness drops above ~€4,500 per transfer
- Card payments cost 2–3%, much more than bank transfer
- Support can be slow to reach if something goes wrong
EUR → PHP rate history
Send with Instarem
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