Instarem review
Updated September 28, 2026 · VaultCue Editorial Team · Facts checked September 26, 2026
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Our verdict
Instarem suits people and businesses sending money abroad, since a first transfer carries no fee and the money lands in a bank account. Delivery is Instant or same day, up to 1-2 business days, and the service runs under a Bank of Lithuania licence with UAB NIUM EU as the listed legal entity.
Key facts
- Best for
- A first transfer that is fee free, with the money landing in a bank account abroad.
- Transfer fee
- Zero fees on a first transfer of EUR 1 to EUR 2,000; otherwise fees vary by sending amount, currency, payment method and receiving country↗
- Delivery time
- Instant or same day, up to 1-2 business days↗
- Payout methods
- Bank↗
- Fee to send 1,000
- €0↗
- Legal entity
- UAB NIUM EU (legal entity code 304548794); Instarem is a brand operated by Nium Pte. Ltd. and its subsidiaries globally↗
- Founded
- 2014↗
- Support channels
- Help-centre, Chat↗
- Official website
- instarem.com
Facts checked September 26, 2026, 4 sources
Apps and profiles
- Get the app
- App StoreGoogle Play
- Elsewhere
- TrustpilotLinkedInXfacebook.com
Pros and cons
Pros
- The service is licensed by the Bank of Lithuania, reference 14.
- Founded in 2014, so the brand has been running for years rather than months.
- Payouts go straight to bank accounts, which suits recurring supplier and payroll payments.
Cons
- Support runs on help centre and chat only, so a help centre and chat carry the load with no phone line listed.
- Payouts go to bank accounts only, with no cash pickup or wallet option listed.
- Fees vary by sending amount, currency, payment method and receiving country, so the fee free first transfer at €0 is the exception rather than the pattern.
Who it suits
- People paying a bank account abroad who want the money the same day.
- Businesses with regular overseas supplier or payroll payments who want a licensed provider.
- Travellers and expats moving money home between bank accounts in other markets.
Who should look elsewhere
- Skrill, if a send is funded by card, since Skrill takes a card percentage where a first Instarem transfer is fee free.
- PayPal Colombia, if you want to pay straight from a balance or a linked bank account, which PayPal charges no percentage on.
- Paysera, if most sends are in euros to SEPA or Paysera users, which Paysera handles at no charge.
How Instarem compares
8.9 vs 8.0
8.9 vs 8.5
8.9 vs 8.5
8.9 vs 8.9
8.9 vs 9.1
8.9 vs 8.6
8.9 vs 9.0
8.9 vs 8.9- 8.9 vs 8.9
8.9 vs 8.8
8.9 vs 8.8
8.9 vs 8.4
8.9 vs 8.0
Where Instarem is available
- Available
- Australia, Canada, Hong Kong, Japan, Lithuania, Malaysia, Singapore, United Kingdom, United States
- Licence in Lithuania
- Bank of Lithuania (14), checked September 26, 2026
Countries from the brand (checked September 26, 2026)
Frequently asked questions
What does Instarem charge to send money?+
A first transfer is fee free, and the listed transfer fee amount is €0. Later fees vary by the amount you send, the currency, the payment method you fund with and the country receiving the money, so a regular sender should check its usual route.
How quickly does the money arrive?+
Delivery is Instant or same day, up to 1-2 business days, which covers instant or same day payouts as well as longer waits. A recipient who needs the money straight away has the faster option, while a planned payment can sit inside the longer window.
Is Instarem regulated, and who runs it?+
Instarem is a brand operated by Nium Pte. Ltd. and its subsidiaries globally, with UAB NIUM EU as the listed legal entity. The service carries a Bank of Lithuania licence under reference 14, and Lithuania is the country of that licence.
How do I get the money out once it is sent?+
Payouts go to bank accounts, and that is the only method listed, so the recipient needs bank details rather than a wallet or card destination. Have the account name and number ready before the send goes out.
How do I reach Instarem support?+
Support runs on help centre and chat, which is a help centre and chat. No phone line appears in that list, so a question that only a call could settle has to go through the two listed channels instead.
How long has Instarem been going, and who owns it?+
Instarem was founded in 2014, and the brand is operated by Nium Pte. Ltd. and its subsidiaries, with UAB NIUM EU as the listed legal entity. One name covering many markets means the group behind it matters as much as the brand on screen.
Is Instarem a good fit for a business paying suppliers abroad?+
It suits businesses that pay bank accounts abroad and want a licensed provider, since payouts are bank and a first transfer is fee free. Running costs after that follow the sending amount, currency, payment method and receiving country, so a high-volume sender should check its usual route first.
Sources
- instarem.com checked September 26, 2026
Backs: Delivery time, Payout methods, Transfer fee, Fee to send 1,000
“your transfer may be sent to your recipient instantly or may take up to 1-2 business days”
- instarem.com/about-us checked September 26, 2026
Backs: Founded
“We started out in APAC in 2014 with the singular aim of making international transfers easy and affordable for everyone.”
- instarem.com/help-personal checked September 26, 2026
Backs: Support channels
“reach out to us via chat 24/7 or log in to submit an enquiry!”
- instarem.com/promotional-fx-rate-for-first-time-customers checked September 26, 2026
Backs: Legal entity, Licences
“provided by UAB "NIUM EU" (legal entity code 304548794) ("Instarem")”
Compiled from 4 source pages, checked September 26, 2026. We did not open an account.
Not confirmed yet: Exchange rate markup, Licence type.
Related by the facts
Instarem
A first transfer that is fee free, with the money landing in a bank account abroad.