InstaReM vs Currencies Direct - Who is better? [UPDATED 2024]

When it comes to sending money across borders, we tested options like InstaReM and Currencies Direct have emerged as leading choices. Both InstaReM and Currencies Direct online platforms offer efficient and cost-effective and secure international money transfers from InstaReM and Currencies Direct.

We compare InstaReM vs Currencies Direct into the unique features and benefits that distinguish InstaReM vs Currencies Direct, empowering you to make an informed decision based on your specific transfer needs like InstaReM vs Currencies Direct fees, currencies available, available payment methods on InstaReM compared to Currencies Direct, support options offered by InstaReM vs Currencies Direct, speed and more.

InstaReM vs Currencies Direct: Quick Feature Comparison

  1. Visit InstaReM alternative InstaReM Visit InstaReM

    Used By: 130000000
    Currencies Available: 11
    Transfer Fees: 0%-1%
    Payment Methods: bank transfer, POLi payment (Australia), debit card (EU residents), ACH Pull (US residents), FPX (Malaysian residents)
    iOS App : yes, Android App : yes

    LiveChat: yes
    Min Transfer: $1 (minimum sending amounts could differ based on certain currency pairs)
    Max Transfer: No limit (different countries have regulatory limits on outward and inward flow of remittances originating from or to the country)
    Year Founded: 2014

  2. Visit InstaReM alternative Currencies Direct Visit Currencies Direct

    Used By: 325,000
    Currencies Available: 22
    Transfer Fees: none
    Payment Methods: Bank transfer, debit card
    iOS App : yes, Android App : yes

    LiveChat: yes
    Min Transfer: none
    Max Transfer: 25000 GBP
    Year Founded: 1995

InstaReM vs Currencies Direct: Pros and Cons

InstaReM vs Currencies Direct
Advantages

InstaReM Advantages Currencies Direct Advantages
  • InstaReM is well rated among clients.
  • InstaReM is available internationally.
  • InstaReM has multiple currency options.
  • InstaReM provides phone customer support.
  • InstaReM provides email customer support.
  • InstaReM is available to iOS Apple device users.
  • InstaReM is available to Android mobile device users.
  • Currencies Direct has been in operation for over 29 years.
  • Currencies Direct boasts a high rating for sending money.
  • Currencies Direct operates in numerous international countries.
  • Currencies Direct offers an extensive range of currency options for money transfers.
  • Currencies Direct provides phone support.
  • Currencies Direct offers registered customers email support.
  • Currencies Direct has a Apple iOS app on Apple app store.
  • Currencies Direct offers a Android Google Play Store mobile app.

InstaReM vs Currencies Direct
Disadvantages

InstaReM Disadvantages Currencies Direct Disadvantages
  • InstaReM has no PayPal support.
  • InstaReM has no Neteller payments support.
  • InstaReM has no Skrill payment support.
  • InstaReM does have a mobile digital wallet like some others.
  • No home delivery with InstaReM.
  • No cash pickups with InstaReM.
  • No money order support with InstaReM.
  • No live chat support with InstaReM.
  • Currencies Direct has no PayPal option.
  • Currencies Direct has no Neteller option.
  • Currencies Direct has no Skrill option.
  • No digital wallets with Currencies Direct.
  • No Currencies Direct home delivery.
  • No Currencies Direct Cash pickups.
  • No Currencies Direct money order option.
  • No Currencies Direct Livechat.

InstaReM vs Currencies Direct Fees and Other Costs

Fee type InstaReM Fees Currencies Direct Fees
Transfer Fees 0%-1% none
Min Transfer $1 (minimum sending amounts could differ based on certain currency pairs) none
Max Transfer No limit (different countries have regulatory limits on outward and inward flow of remittances originating from or to the country) 25000 GBP
Payment Methods bank transfer, POLi payment (Australia), debit card (EU residents), ACH Pull (US residents), FPX (Malaysian residents) Bank transfer, debit card
Currencies AUS, SGD, HKD, INR, MYR, EUR, GBP, USD, CAD, JPY, NZD AUD, CAD, DKK, EUR, HUF, INR, JPY, MUR, MAD, NZD, NOK, PLN, RON, SGD, ZAR, SEK, CHF, THB, AED, USD, HKD, RMB

InstaReM vs Currencies Direct Restricted Countries

InstaReM Country Restrictions

Afghanistan, Aland Islands, American Samoa, Angola, Anguilla, Antarctica, Antigua and Barbuda, Barbados, Belize, Benin, Bhutan, Bonaire (including Sint Eustatius and Saba), Bouvet Island, British Indian Ocean Territory, Burkina Faso, Burundi, Cape Verde, Central African Republic, Chad, Cocos (Keeling) Islands, Comoros, Congo, Democratic Republic of, Congo, Republic of, Cook Islands, Crimea, Cuba, Curacao, Djibouti, Equatorial Guinea, Eritrea, Faroe Islands, Fiji, French Guyana, French Polynesia, French Southern Territories, Gabon, Gambia, Greenland, Grenada, Guadeloupe, Guinea, Guinea-Bissau, Guyana, Haiti, Heard Island and Mcdonald Islands, Holy See (Vatican City State), Iran, Iraq, Ivory Coast (Cote d'Ivoire), Japan, Kiribati, Kosovo, Kyrgyzstan, Lao People’s Democratic Republic, Lebanon, Liberia, Libya, Macao, Mali, Marshall Islands, Martinique, Mauritania, Mayotte, Micronesia, Federated States of, Montserrat, Myanmar, Namibia, Nauru, New Caledonia, Niger, Niue, Norfolk Island, North Korea, Northern Mariana Islands, Palau, Palestinian Territory, Papua New Guinea, Reunion, Pitcairn, Rwanda, Saint Barthelemy, Saint Helena, Saint Kitts and Nevis, Saint Lucia, Saint Martin, Saint Pierre and Miquelon, Saint Vincent and the Grenadines, Sao Tome e Principe, Seychelles, Sierra Leone, Sint Maarten, Solomon Islands, Somalia, South Georgia and the South Sandwich Islands, Sudan (North and South), Suriname, Svalbard and Jan Mayen, Syria, Tajikistan, Timor-Leste, Togo, Tokelau, Tonga, Turkey, Turkmenistan, Turks and Caicos Islands, Tuvalu, Vanuatu, Venezuela, Wallis and Futuna, Western Sahara, Western Samoa, Yemen, Zimbabwe, Crimea, Cuba, Iran, Libya, North Korea, South Sudan, Sudan, Syria

Currencies Direct Country Restrictions

Afghanistan, Aland Islands, American Samoa, Angola, Anguilla, Antarctica, Antigua and Barbuda, Barbados, Belize, Benin, Bhutan, Bonaire (including Sint Eustatius and Saba), Bouvet Island, British Indian Ocean Territory, Burkina Faso, Burundi, Cape Verde, Central African Republic, Chad, Cocos (Keeling) Islands, Comoros, Congo, Democratic Republic of, Congo, Republic of, Cook Islands, Crimea, Cuba, Curacao, Djibouti, Equatorial Guinea, Eritrea, Faroe Islands, Fiji, French Guyana, French Polynesia, French Southern Territories, Gabon, Gambia, Greenland, Grenada, Guadeloupe, Guinea, Guinea-Bissau, Guyana, Haiti, Heard Island and Mcdonald Islands, Holy See (Vatican City State), Iran, Iraq, Ivory Coast (Cote d'Ivoire), Japan, Kiribati, Kosovo, Kyrgyzstan, Lao People’s Democratic Republic, Lebanon, Liberia, Libya, Macao, Mali, Marshall Islands, Martinique, Mauritania, Mayotte, Micronesia, Federated States of, Montserrat, Myanmar, Namibia, Nauru, New Caledonia, Niger, Niue, Norfolk Island, North Korea, Northern Mariana Islands, Palau, Palestinian Territory, Papua New Guinea, Reunion, Pitcairn, Rwanda, Saint Barthelemy, Saint Helena, Saint Kitts and Nevis, Saint Lucia, Saint Martin, Saint Pierre and Miquelon, Saint Vincent and the Grenadines, Sao Tome e Principe, Seychelles, Sierra Leone, Sint Maarten, Solomon Islands, Somalia, South Georgia and the South Sandwich Islands, Sudan (North and South), Suriname, Svalbard and Jan Mayen, Syria, Tajikistan, Timor-Leste, Togo, Tokelau, Tonga, Turkey, Turkmenistan, Turks and Caicos Islands, Tuvalu, Vanuatu, Venezuela, Wallis and Futuna, Western Sahara, Western Samoa, Yemen, Zimbabwe, Crimea, Cuba, Iran, Libya, North Korea, South Sudan, Sudan, Syria

InstaReM vs Currencies Direct Transfer Speeds

Transfer Speed InstaReM Currencies Direct
Account Opening 1-3 days 1-3 days
Money Transfer Speed 1-10 days 1-10 days

InstaReM vs Currencies Direct Languages

InstaReM Supported Languages

English

Currencies Direct Supported Languages

InstaReM vs Currencies Direct Verdict - Which is better?

Which is best out of InstaReM and Currencies Direct depends on your needs.

  • InstaReM vs Currencies Direct Transfer Fees: Transferring money with InstaReM costs 0%-1% while Currencies Direct charges none.
  • InstaReM vs Currencies Direct Supported Currencies: InstaReM deals in over 1, where as Currencies Direct offers transactions in 1.
  • InstaReM vs Currencies Direct Payment Methods: InstaReM accepts bank transfer, POLi payment (Australia), debit card (EU residents), ACH Pull (US residents), FPX (Malaysian residents), while Currencies Direct allows transactions via Bank transfer, debit card.
  • InstaReM vs Currencies Direct Transfer Limits: InstaReM allows transfers between $1 (minimum sending amounts could differ based on certain currency pairs) and No limit (different countries have regulatory limits on outward and inward flow of remittances originating from or to the country). Currencies Direct's range is none to 25000 GBP.
  • InstaReM vs Currencies Direct Minimum Age for Account Creation: InstaReM requires users to be at least 18 years old, where as Currencies Direct has a minimum age requirement of 18.
  • Contact Number: You can reach InstaReM at 07 3053 8888 and Currencies Direct at 44 (0) 20 7847 9400.
  • InstaReM vs Currencies Direct Countries of Operation: InstaReM operates in over 1 countries but has restrictions in over 1 countries. Currencies Direct serves 1 countries and restricts operations in 1 countries.
  • InstaReM vs Currencies Direct Client Base: InstaReM is used by 130,000,000, where as Currencies Direct serves 325.
  • InstaReM vs Currencies Direct Year Founded: InstaReM was established in 2014 and Currencies Direct began its operations in 1995.
  • InstaReM vs Currencies Direct Customer Rating: InstaReM holds a rating of 4, in contrast, Currencies Direct has a rating of 3.
  • InstaReM vs Currencies Direct Headquarters: InstaReM has its headquarters at Singapore, while Currencies Direct is based at London (GB).
  • InstaReM vs Currencies Direct Employee Count: InstaReM employs 200 individuals, where as Currencies Direct has a team of 276.
  • InstaReM vs Currencies Direct Estimated Annual Turnover: InstaReM turnover stands at 10100000, while Currencies Direct boasts a turnover of 257,000,000 USD .
  • InstaReM vs Currencies Direct Founder: InstaReM was founded by Sreya Dasgupta, holding the position of Product Owner. On the other hand, Currencies Direct was the brainchild of Leo Markides, currently holding the position of Chief Operating Officer.
  • InstaReM vs Currencies Direct Supported Languages: InstaReM offers support in over 1 languages. Currencies Direct communicates in 1.

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Screenshots

InstaReM Screenshot

InstaReM Screenshot

Currencies Direct Screenshot

InstaReM Screenshot