InstaReM vs Remit2India - Who is better? [UPDATED 2024]

When it comes to sending money across borders, we tested options like InstaReM and Remit2India have emerged as leading choices. Both InstaReM and Remit2India online platforms offer efficient and cost-effective and secure international money transfers from InstaReM and Remit2India.

We compare InstaReM vs Remit2India into the unique features and benefits that distinguish InstaReM vs Remit2India, empowering you to make an informed decision based on your specific transfer needs like InstaReM vs Remit2India fees, currencies available, available payment methods on InstaReM compared to Remit2India, support options offered by InstaReM vs Remit2India, speed and more.

InstaReM vs Remit2India: 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 Remit2India Visit Remit2India

    Used By: 5000000
    Currencies Available: 5
    Transfer Fees: 0-2.99$
    Payment Methods: direct debits, wire transfers, the email money transfer (EMT) method or the bill payment method
    iOS App : yes, Android App : yes

    LiveChat: yes
    Min Transfer: none
    Max Transfer: 25000 AUD/transaction (wire transfer), 100000 INR (instant)
    Year Founded: 2001

InstaReM vs Remit2India: Pros and Cons

InstaReM vs Remit2India
Advantages

InstaReM Advantages Remit2India 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.
  • Remit2India has been in operation for over 23 years.
  • Remit2India boasts a high rating for sending money.
  • Remit2India operates in numerous international countries.
  • Remit2India provides phone support.
  • Remit2India offers registered customers email support.
  • Remit2India has a Apple iOS app on Apple app store.
  • Remit2India offers a Android Google Play Store mobile app.

InstaReM vs Remit2India
Disadvantages

InstaReM Disadvantages Remit2India 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.
  • Remit2India has no PayPal option.
  • Remit2India has no Neteller option.
  • Remit2India has no Skrill option.
  • No digital wallets with Remit2India.
  • No Remit2India home delivery.
  • No Remit2India Cash pickups.
  • No Remit2India money order option.
  • No Remit2India Livechat.

InstaReM vs Remit2India Fees and Other Costs

Fee type InstaReM Fees Remit2India Fees
Transfer Fees 0%-1% 0-2.99$
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 AUD/transaction (wire transfer), 100000 INR (instant)
Payment Methods bank transfer, POLi payment (Australia), debit card (EU residents), ACH Pull (US residents), FPX (Malaysian residents) direct debits, wire transfers, the email money transfer (EMT) method or the bill payment method
Currencies AUS, SGD, HKD, INR, MYR, EUR, GBP, USD, CAD, JPY, NZD USD, CAD, GBP, EUR, AUD

InstaReM vs Remit2India 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

Remit2India 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 Remit2India Transfer Speeds

Transfer Speed InstaReM Remit2India
Account Opening 1-3 days 1-3 days
Money Transfer Speed 1-10 days 1-10 days

InstaReM vs Remit2India Languages

InstaReM Supported Languages

English

Remit2India Supported Languages

InstaReM vs Remit2India Verdict - Which is better?

Which is best out of InstaReM and Remit2India depends on your needs.

  • InstaReM vs Remit2India Transfer Fees: Transferring money with InstaReM costs 0%-1% while Remit2India charges 0-2.99$.
  • InstaReM vs Remit2India Supported Currencies: InstaReM deals in over 1, where as Remit2India offers transactions in 1.
  • InstaReM vs Remit2India Payment Methods: InstaReM accepts bank transfer, POLi payment (Australia), debit card (EU residents), ACH Pull (US residents), FPX (Malaysian residents), while Remit2India allows transactions via direct debits, wire transfers, the email money transfer (EMT) method or the bill payment method.
  • InstaReM vs Remit2India 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). Remit2India's range is none to 25000 AUD/transaction (wire transfer), 100000 INR (instant).
  • InstaReM vs Remit2India Minimum Age for Account Creation: InstaReM requires users to be at least 18 years old, where as Remit2India has a minimum age requirement of 18.
  • Contact Number: You can reach InstaReM at 07 3053 8888 and Remit2India at 1800223123.
  • InstaReM vs Remit2India Countries of Operation: InstaReM operates in over 1 countries but has restrictions in over 1 countries. Remit2India serves 1 countries and restricts operations in 1 countries.
  • InstaReM vs Remit2India Client Base: InstaReM is used by 130,000,000, where as Remit2India serves 5,000,000.
  • InstaReM vs Remit2India Year Founded: InstaReM was established in 2014 and Remit2India began its operations in 2001.
  • InstaReM vs Remit2India Customer Rating: InstaReM holds a rating of 4, in contrast, Remit2India has a rating of 3.
  • InstaReM vs Remit2India Headquarters: InstaReM has its headquarters at Singapore, while Remit2India is based at Mumbai, India.
  • InstaReM vs Remit2India Employee Count: InstaReM employs 200 individuals, where as Remit2India has a team of 100.
  • InstaReM vs Remit2India Estimated Annual Turnover: InstaReM turnover stands at 10100000, while Remit2India boasts a turnover of .
  • InstaReM vs Remit2India Founder: InstaReM was founded by Sreya Dasgupta, holding the position of Product Owner. On the other hand, Remit2India was the brainchild of , currently holding the position of .
  • InstaReM vs Remit2India Supported Languages: InstaReM offers support in over 1 languages. Remit2India communicates in 1.

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InstaReM vs Remit2India Alternatives Guides

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Screenshots

InstaReM Screenshot

InstaReM Screenshot

Remit2India Screenshot

InstaReM Screenshot