XE Money Transfer vs InstaReM - Who is better? [UPDATED 2024]

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

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

XE Money Transfer vs InstaReM: Quick Feature Comparison

  1. Visit XE Money Transfer alternative XE Money Transfer Visit XE Money Transfer

    Used By: 280000000
    Currencies Available: 76
    Transfer Fees: none
    Payment Methods: Bank transfer, credit card, debit card
    iOS App : yes, Android App : yes

    LiveChat:
    Min Transfer: US$1.00
    Max Transfer: US$500,000.00 (or equivalent)
    Year Founded: 1993

  2. Visit XE Money Transfer 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

XE Money Transfer vs InstaReM: Pros and Cons

XE Money Transfer vs InstaReM
Advantages

XE Money Transfer Advantages InstaReM Advantages
  • XE Money Transfer has been serving clients for over 31 years
  • XE Money Transfer is well rated among clients.
  • XE Money Transfer is available internationally.
  • XE Money Transfer has multiple currency options.
  • XE Money Transfer provides phone customer support.
  • XE Money Transfer provides email customer support.
  • XE Money Transfer is available to iOS Apple device users.
  • XE Money Transfer is available to Android mobile device users.
  • InstaReM boasts a high rating for sending money.
  • InstaReM operates in numerous international countries.
  • InstaReM offers an extensive range of currency options for money transfers.
  • InstaReM provides phone support.
  • InstaReM offers registered customers email support.
  • InstaReM has a Apple iOS app on Apple app store.
  • InstaReM offers a Android Google Play Store mobile app.

XE Money Transfer vs InstaReM
Disadvantages

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

XE Money Transfer vs InstaReM Fees and Other Costs

Fee type XE Money Transfer Fees InstaReM Fees
Transfer Fees none 0%-1%
Min Transfer US$1.00 $1 (minimum sending amounts could differ based on certain currency pairs)
Max Transfer US$500,000.00 (or equivalent) No limit (different countries have regulatory limits on outward and inward flow of remittances originating from or to the country)
Payment Methods Bank transfer, credit card, debit card bank transfer, POLi payment (Australia), debit card (EU residents), ACH Pull (US residents), FPX (Malaysian residents)
Currencies AED, BDT, BHD, BTN, HKD, IDR, ILS, INR, JOD, JPY, KWD, LKR, MYR, NPR, OMR, PHP, PKR, QAR, RUB, SGD, THB, TRY, TWD, VND, BAM, BGN, CHF, CZK, DKK, EUR, GBP, HRK, HUF, NOK, PLN, RON, RSD, SEK, BBD, CAD, CRC, DOP, GTQ, HNL, JMD, MXN, TTD, USD, XCD, AUD, FJD, NZD, TOP, WST, ETB, GHS, GMD, GNF, KES, MAD, MUR, MZN, RWF, SLL, TND, TZS, UGX, ZAR, ARS, BOB, CLP, COP, GYD, PEN, PYG, UYU AUS, SGD, HKD, INR, MYR, EUR, GBP, USD, CAD, JPY, NZD

XE Money Transfer vs InstaReM Restricted Countries

XE Money Transfer 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 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

XE Money Transfer vs InstaReM Transfer Speeds

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

XE Money Transfer vs InstaReM Languages

XE Money Transfer Supported Languages

English, German, Spanish, French, Portuguese, Italian, Swedish, Chinese (Simplified), Chinese (Traditional), Arabic

InstaReM Supported Languages

English

XE Money Transfer vs InstaReM Verdict - Which is better?

Which is best out of XE Money Transfer and InstaReM depends on your needs.

  • XE Money Transfer vs InstaReM Transfer Fees: Transferring money with XE Money Transfer costs none while InstaReM charges 0%-1%.
  • XE Money Transfer vs InstaReM Supported Currencies: XE Money Transfer deals in over 1, where as InstaReM offers transactions in 1.
  • XE Money Transfer vs InstaReM Payment Methods: XE Money Transfer accepts Bank transfer, credit card, debit card, while InstaReM allows transactions via bank transfer, POLi payment (Australia), debit card (EU residents), ACH Pull (US residents), FPX (Malaysian residents).
  • XE Money Transfer vs InstaReM Transfer Limits: XE Money Transfer allows transfers between US$1.00 and US$500,000.00 (or equivalent). InstaReM's range is $1 (minimum sending amounts could differ based on certain currency pairs) to No limit (different countries have regulatory limits on outward and inward flow of remittances originating from or to the country).
  • XE Money Transfer vs InstaReM Minimum Age for Account Creation: XE Money Transfer requires users to be at least 18 years old, where as InstaReM has a minimum age requirement of 18.
  • Contact Number: You can reach XE Money Transfer at 441753441844 and InstaReM at 07 3053 8888.
  • XE Money Transfer vs InstaReM Countries of Operation: XE Money Transfer operates in over 1 countries but has restrictions in over 1 countries. InstaReM serves 1 countries and restricts operations in 1 countries.
  • XE Money Transfer vs InstaReM Client Base: XE Money Transfer is used by 280,000,000, where as InstaReM serves 130,000,000.
  • XE Money Transfer vs InstaReM Year Founded: XE Money Transfer was established in 1993 and InstaReM began its operations in 2014.
  • XE Money Transfer vs InstaReM Customer Rating: XE Money Transfer holds a rating of 4, in contrast, InstaReM has a rating of 4.
  • XE Money Transfer vs InstaReM Headquarters: XE Money Transfer has its headquarters at Newmarket, Canada, while InstaReM is based at Singapore.
  • XE Money Transfer vs InstaReM Employee Count: XE Money Transfer employs 350 individuals, where as InstaReM has a team of 200.
  • XE Money Transfer vs InstaReM Estimated Annual Turnover: XE Money Transfer turnover stands at 10000000000USD, while InstaReM boasts a turnover of 10100000.
  • XE Money Transfer vs InstaReM Founder: XE Money Transfer was founded by Jeff Boss, holding the position of Chief Financial Officer. On the other hand, InstaReM was the brainchild of Sreya Dasgupta, currently holding the position of Product Owner.
  • XE Money Transfer vs InstaReM Supported Languages: XE Money Transfer offers support in over 1 languages. InstaReM communicates in 1.

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XE Money Transfer vs InstaReM Alternatives Guides

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Screenshots

XE Money Transfer Screenshot

XE Money Transfer Screenshot

InstaReM Screenshot

XE Money Transfer Screenshot