InstaReM vs Travelex International Payments - Who is better? [UPDATED 2024]

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

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

InstaReM vs Travelex International Payments: 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 Travelex International Payments Visit Travelex International Payments

    Used By: 100000000
    Currencies Available: 10
    Transfer Fees: 0-5$
    Payment Methods: global payment platform
    iOS App : yes, Android App : yes

    LiveChat:
    Min Transfer: 200 AUD
    Max Transfer: none
    Year Founded: 1976

InstaReM vs Travelex International Payments: Pros and Cons

InstaReM vs Travelex International Payments
Advantages

InstaReM Advantages Travelex International Payments 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.
  • Travelex International Payments has been in operation for over 48 years.
  • Travelex International Payments boasts a high rating for sending money.
  • Travelex International Payments offers an extensive range of currency options for money transfers.
  • Travelex International Payments offers home delivery services for money transfers.
  • Travelex International Payments provides phone support.
  • Travelex International Payments offers registered customers email support.
  • Travelex International Payments has a Apple iOS app on Apple app store.
  • Travelex International Payments offers a Android Google Play Store mobile app.

InstaReM vs Travelex International Payments
Disadvantages

InstaReM Disadvantages Travelex International Payments 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.
  • Travelex International Payments has no PayPal option.
  • Travelex International Payments has no Neteller option.
  • Travelex International Payments has no Skrill option.
  • Travelex International Payments is not available is as many regions as some other providers.
  • No digital wallets with Travelex International Payments.
  • No Travelex International Payments Cash pickups.
  • No Travelex International Payments money order option.
  • No Travelex International Payments Livechat.

InstaReM vs Travelex International Payments Fees and Other Costs

Fee type InstaReM Fees Travelex International Payments Fees
Transfer Fees 0%-1% 0-5$
Min Transfer $1 (minimum sending amounts could differ based on certain currency pairs) 200 AUD
Max Transfer No limit (different countries have regulatory limits on outward and inward flow of remittances originating from or to the country) none
Payment Methods bank transfer, POLi payment (Australia), debit card (EU residents), ACH Pull (US residents), FPX (Malaysian residents) global payment platform
Currencies AUS, SGD, HKD, INR, MYR, EUR, GBP, USD, CAD, JPY, NZD GBP, EUR, USD, AUD, CAD, NZD, ZAR, AED, CHF, TRY

InstaReM vs Travelex International Payments 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

Travelex International Payments 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 Travelex International Payments Transfer Speeds

Transfer Speed InstaReM Travelex International Payments
Account Opening 1-3 days 1-3 days
Money Transfer Speed 1-10 days 1-10 days

InstaReM vs Travelex International Payments Languages

InstaReM Supported Languages

English

Travelex International Payments Supported Languages

InstaReM vs Travelex International Payments Verdict - Which is better?

Which is best out of InstaReM and Travelex International Payments depends on your needs.

  • InstaReM vs Travelex International Payments Transfer Fees: Transferring money with InstaReM costs 0%-1% while Travelex International Payments charges 0-5$.
  • InstaReM vs Travelex International Payments Supported Currencies: InstaReM deals in over 1, where as Travelex International Payments offers transactions in 1.
  • InstaReM vs Travelex International Payments Payment Methods: InstaReM accepts bank transfer, POLi payment (Australia), debit card (EU residents), ACH Pull (US residents), FPX (Malaysian residents), while Travelex International Payments allows transactions via global payment platform.
  • InstaReM vs Travelex International Payments 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). Travelex International Payments's range is 200 AUD to none.
  • InstaReM vs Travelex International Payments Minimum Age for Account Creation: InstaReM requires users to be at least 18 years old, where as Travelex International Payments has a minimum age requirement of 18.
  • Contact Number: You can reach InstaReM at 07 3053 8888 and Travelex International Payments at 1800 440 039.
  • InstaReM vs Travelex International Payments Countries of Operation: InstaReM operates in over 1 countries but has restrictions in over 1 countries. Travelex International Payments serves 1 countries and restricts operations in 1 countries.
  • InstaReM vs Travelex International Payments Client Base: InstaReM is used by 130,000,000, where as Travelex International Payments serves 100,000,000.
  • InstaReM vs Travelex International Payments Year Founded: InstaReM was established in 2014 and Travelex International Payments began its operations in 1976.
  • InstaReM vs Travelex International Payments Customer Rating: InstaReM holds a rating of 4, in contrast, Travelex International Payments has a rating of 3.
  • InstaReM vs Travelex International Payments Headquarters: InstaReM has its headquarters at Singapore, while Travelex International Payments is based at London, UK.
  • InstaReM vs Travelex International Payments Employee Count: InstaReM employs 200 individuals, where as Travelex International Payments has a team of 5,437.
  • InstaReM vs Travelex International Payments Estimated Annual Turnover: InstaReM turnover stands at 10100000, while Travelex International Payments boasts a turnover of 191880000.
  • InstaReM vs Travelex International Payments Founder: InstaReM was founded by Sreya Dasgupta, holding the position of Product Owner. On the other hand, Travelex International Payments was the brainchild of Donald Muir, currently holding the position of CEO.
  • InstaReM vs Travelex International Payments Supported Languages: InstaReM offers support in over 1 languages. Travelex International Payments communicates in 1.

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Screenshots

InstaReM Screenshot

InstaReM Screenshot

Travelex International Payments Screenshot

InstaReM Screenshot