InstaReM vs Western Union - Who is better? [UPDATED 2024]

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

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

InstaReM vs Western Union: 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 Western Union Visit Western Union

    Used By: 15000000
    Currencies Available: 38
    Transfer Fees: up to 3%
    Payment Methods: Cash, bank transfer, debit card, credit card (varies from country)
    iOS App : yes, Android App : yes

    LiveChat:
    Min Transfer: $1.00
    Max Transfer: $10,000.00 (varies)
    Year Founded: 1851

InstaReM vs Western Union: Pros and Cons

InstaReM vs Western Union
Advantages

InstaReM Advantages Western Union 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.
  • Western Union has been in operation for over 173 years.
  • Western Union boasts a high rating for sending money.
  • Western Union operates in numerous international countries.
  • Western Union offers an extensive range of currency options for money transfers.
  • Western Union allows cash pickups for money transfers.
  • Western Union provides money order services.
  • Western Union provides phone support.
  • Western Union offers registered customers email support.
  • Western Union has a Apple iOS app on Apple app store.
  • Western Union offers a Android Google Play Store mobile app.

InstaReM vs Western Union
Disadvantages

InstaReM Disadvantages Western Union 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.
  • Western Union has no PayPal option.
  • Western Union has no Neteller option.
  • Western Union has no Skrill option.
  • No digital wallets with Western Union.
  • No Western Union home delivery.
  • No Western Union Livechat.

InstaReM vs Western Union Fees and Other Costs

Fee type InstaReM Fees Western Union Fees
Transfer Fees 0%-1% up to 3%
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) Cash, bank transfer, debit card, credit card (varies from country)
Currencies AUS, SGD, HKD, INR, MYR, EUR, GBP, USD, CAD, JPY, NZD AUD, BHD, BRL, GBP, CAD, CLP, CNY, CZK, DKK, EUR, HKD, HUF, INR, ILS, JPY, JOD, KES, KRW, KWD, MXN, NAD, NZD, NOK, OMR, PLN, QAR, RON, RUB, SAR, SGD, ZAR, SEK, CHF, XPF, TND, TRY, AED, USD

InstaReM vs Western Union 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

Western Union Country Restrictions

North Korea

InstaReM vs Western Union Transfer Speeds

Transfer Speed InstaReM Western Union
Account Opening 1-3 days 1-3 days
Money Transfer Speed 1-10 days 1-10 days

InstaReM vs Western Union Languages

InstaReM Supported Languages

English

Western Union Supported Languages

English, French, Spanish, Polish, German, Danish, Finnish, Japanese, Dutch, Norwegian, Portuguese, Russian, Swedish, Turkish, Ukrainian, Chinese, Italian

InstaReM vs Western Union Verdict - Which is better?

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

  • InstaReM vs Western Union Transfer Fees: Transferring money with InstaReM costs 0%-1% while Western Union charges up to 3%.
  • InstaReM vs Western Union Supported Currencies: InstaReM deals in over 1, where as Western Union offers transactions in 1.
  • InstaReM vs Western Union Payment Methods: InstaReM accepts bank transfer, POLi payment (Australia), debit card (EU residents), ACH Pull (US residents), FPX (Malaysian residents), while Western Union allows transactions via Cash, bank transfer, debit card, credit card (varies from country).
  • InstaReM vs Western Union 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). Western Union's range is $1.00 to $10,000.00 (varies).
  • InstaReM vs Western Union Minimum Age for Account Creation: InstaReM requires users to be at least 18 years old, where as Western Union has a minimum age requirement of 18.
  • Contact Number: You can reach InstaReM at 07 3053 8888 and Western Union at +104904946.
  • InstaReM vs Western Union Countries of Operation: InstaReM operates in over 1 countries but has restrictions in over 1 countries. Western Union serves 1 countries and restricts operations in 1 countries.
  • InstaReM vs Western Union Client Base: InstaReM is used by 130,000,000, where as Western Union serves 15,000,000.
  • InstaReM vs Western Union Year Founded: InstaReM was established in 2014 and Western Union began its operations in 1851.
  • InstaReM vs Western Union Customer Rating: InstaReM holds a rating of 4, in contrast, Western Union has a rating of 3.
  • InstaReM vs Western Union Headquarters: InstaReM has its headquarters at Singapore, while Western Union is based at Denver, US.
  • InstaReM vs Western Union Employee Count: InstaReM employs 200 individuals, where as Western Union has a team of 11,000.
  • InstaReM vs Western Union Estimated Annual Turnover: InstaReM turnover stands at 10100000, while Western Union boasts a turnover of 5,600,000 USD.
  • InstaReM vs Western Union Founder: InstaReM was founded by Sreya Dasgupta, holding the position of Product Owner. On the other hand, Western Union was the brainchild of Hikmet Ersek, currently holding the position of President, Chief Executive Officer and Director.
  • InstaReM vs Western Union Supported Languages: InstaReM offers support in over 1 languages. Western Union communicates in 1.

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InstaReM vs Western Union Alternatives Guides

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Screenshots

InstaReM Screenshot

InstaReM Screenshot

Western Union Screenshot

InstaReM Screenshot