InstaReM vs MoneyGram - Who is better? [UPDATED 2024]

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

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

InstaReM vs MoneyGram: 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 MoneyGram Visit MoneyGram

    Used By: 150000000
    Currencies Available: 46
    Transfer Fees: 1.99$
    Payment Methods: Bank transfer, debit/credit card, cash
    iOS App : yes, Android App : yes

    LiveChat:
    Min Transfer: $1.00
    Max Transfer: $10,000.00 (varies)
    Year Founded: 1940

InstaReM vs MoneyGram: Pros and Cons

InstaReM vs MoneyGram
Advantages

InstaReM Advantages MoneyGram 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.
  • MoneyGram has been in operation for over 84 years.
  • MoneyGram boasts a high rating for sending money.
  • MoneyGram operates in numerous international countries.
  • MoneyGram offers an extensive range of currency options for money transfers.
  • MoneyGram provides phone support.
  • MoneyGram offers registered customers email support.
  • MoneyGram has a Apple iOS app on Apple app store.
  • MoneyGram offers a Android Google Play Store mobile app.

InstaReM vs MoneyGram
Disadvantages

InstaReM Disadvantages MoneyGram 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.
  • MoneyGram has no PayPal option.
  • MoneyGram has no Neteller option.
  • MoneyGram has no Skrill option.
  • No digital wallets with MoneyGram.
  • No MoneyGram home delivery.
  • No MoneyGram Cash pickups.
  • No MoneyGram money order option.
  • No MoneyGram Livechat.

InstaReM vs MoneyGram Fees and Other Costs

Fee type InstaReM Fees MoneyGram Fees
Transfer Fees 0%-1% 1.99$
Min Transfer $1 (minimum sending amounts could differ based on certain currency pairs) $1.00
Max Transfer No limit (different countries have regulatory limits on outward and inward flow of remittances originating from or to the country) $10,000.00 (varies)
Payment Methods bank transfer, POLi payment (Australia), debit card (EU residents), ACH Pull (US residents), FPX (Malaysian residents) Bank transfer, debit/credit card, cash
Currencies AUS, SGD, HKD, INR, MYR, EUR, GBP, USD, CAD, JPY, NZD AED, AUD, BND, CAD, CHF, CZK, DKK, EUR, FJD, HKD, HUF, IDR, ILS, INR, IRR, JPY, KRW, KWD, LKR, MAD, MXN, MYR, NGN, NZD, OMR, PEN, PGK, PHP, PKR, PLN, SAR, SCR, SDG, SEK, SGD, THB, TOP, TRY, TWD, USD, VND, VUV, WST, XOF, XPF, ZAR

InstaReM vs MoneyGram 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

MoneyGram Country Restrictions

North Korea

InstaReM vs MoneyGram Transfer Speeds

Transfer Speed InstaReM MoneyGram
Account Opening 1-3 days 1-3 days
Money Transfer Speed 1-10 days 1-10 days

InstaReM vs MoneyGram Languages

InstaReM Supported Languages

English

MoneyGram Supported Languages

English, Spanish, French, Danish, German, Arabic, Czech, Hungarian, Indonesian, Italian, Japanese, Korean, Malaysian, Norwegian, Polish, Portuguese, Romanian, Russian, Thai, Turkish, Ukrainian, Chinese

InstaReM vs MoneyGram Verdict - Which is better?

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

  • InstaReM vs MoneyGram Transfer Fees: Transferring money with InstaReM costs 0%-1% while MoneyGram charges 1.99$.
  • InstaReM vs MoneyGram Supported Currencies: InstaReM deals in over 1, where as MoneyGram offers transactions in 1.
  • InstaReM vs MoneyGram Payment Methods: InstaReM accepts bank transfer, POLi payment (Australia), debit card (EU residents), ACH Pull (US residents), FPX (Malaysian residents), while MoneyGram allows transactions via Bank transfer, debit/credit card, cash.
  • InstaReM vs MoneyGram 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). MoneyGram's range is $1.00 to $10,000.00 (varies).
  • InstaReM vs MoneyGram Minimum Age for Account Creation: InstaReM requires users to be at least 18 years old, where as MoneyGram has a minimum age requirement of 18.
  • Contact Number: You can reach InstaReM at 07 3053 8888 and MoneyGram at 448457223344.
  • InstaReM vs MoneyGram Countries of Operation: InstaReM operates in over 1 countries but has restrictions in over 1 countries. MoneyGram serves 1 countries and restricts operations in 1 countries.
  • InstaReM vs MoneyGram Client Base: InstaReM is used by 130,000,000, where as MoneyGram serves 150,000,000.
  • InstaReM vs MoneyGram Year Founded: InstaReM was established in 2014 and MoneyGram began its operations in 1940.
  • InstaReM vs MoneyGram Customer Rating: InstaReM holds a rating of 4, in contrast, MoneyGram has a rating of 3.
  • InstaReM vs MoneyGram Headquarters: InstaReM has its headquarters at Singapore, while MoneyGram is based at Dallas, US.
  • InstaReM vs MoneyGram Employee Count: InstaReM employs 200 individuals, where as MoneyGram has a team of 2,300.
  • InstaReM vs MoneyGram Estimated Annual Turnover: InstaReM turnover stands at 10100000, while MoneyGram boasts a turnover of 900,000,000 USD.
  • InstaReM vs MoneyGram Founder: InstaReM was founded by Sreya Dasgupta, holding the position of Product Owner. On the other hand, MoneyGram was the brainchild of Alex Holmes, currently holding the position of Chairman & CEO.
  • InstaReM vs MoneyGram Supported Languages: InstaReM offers support in over 1 languages. MoneyGram communicates in 1.

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Screenshots

InstaReM Screenshot

InstaReM Screenshot

MoneyGram Screenshot

InstaReM Screenshot