Make international business payments
Pay your overseas suppliers or employees across 160+ countries and save money with great FX rates and low fees.
Why use Instarem
Up to 5X* cheaper than banks
Get competitive, bank-beating exchange rates and low fees.
Up to 12X* faster than banks
Most transactions are completed within the same day.
Secure and reliable
Regulated, licensed, and built on Industry leading technology.
*Based on traditional bank averages. Actual savings and speed vary by amount, destination, currency, individual bank policies, etc.
How you can use Instarem
Salary payments
Pay up to 1,000 employees' salaries in one go, in their local currency.
Supplier payments
Pay your suppliers, vendors and freelancers for goods and services in real-time.
Intra-company transfers
Move money quickly and securely across your business in different locations.
Pay by card, boost your cashflow
Get up to 55 days* of interest-free credit when paying with your Visa or Mastercard bank cards. Continue to earn your card rewards too!
*55-days interest free period is offered by the card-issuing bank (not Instarem) and may vary as per individual bank policies.
Pay bills easily: Link Instarem to accounting software
Effortlessly sync your Instarem account with your accounting software. Automatically import invoices and reconcile payments, saving valuable time on manual processes.
Start making global payments in 3 steps
Transparent rates. Low fees. No surprise costs.
What you see is what you pay. Our rates are fair, our fees are low and above all we are transparent, so you see what you are paying for with every transaction.
Exchange rates
Experience exceptional value for your transaction with our industry-leading FX rates.
Fees
Benefit from unparalleled cost savings with our low fees, often up to 5X cheaper than banks.
No extra charges
We don't impose setup or subscription fees, nor are there any hidden charges to surprise you.
Ready to grow your business?
Tap into our expertise to streamline your payments, boost your operations, and scale your business.
We are just a click away. Reach out now if you want to hear more.
Explore more
Receive payments
Get paid easily in USD, AUD, SGD, HKD, JPY, NZD, EUR, and GBP without the hefty costs or the need to open local bank accounts.
Blog
Discover how Instarem can transform your business finances – dive into our blog for insights and success stories.
FAQs
To send money as a business from Malaysia using Instarem, follow the steps below:
- Create your Instarem business account: Sign up with your email ID and phone number. To verify your account, you'll need to provide business registration details and information about your Directors and Shareholders.
- Add your beneficiary: After you set up your account, log in and head to the "Contacts" section to add a recipient. Click on "Add recipient," fill in your recipient's details, and save it.
- Initiate a transfer: Go to send money section of your Instarem account. Select the source country and enter the amount you wish to send. We’ll show you the exact exchange rate and any fees upfront.
There may be restrictions on business transfers from Malaysia, which can include limits on transaction amounts, regulatory requirements, and compliance with local and international laws.
It’s best to check with your bank or service provider to understand any specific restrictions or requirements that may apply to your transactions in your country of residence.
No, you cannot transfer funds between your personal and business Instarem accounts. Keeping both accounts separate ensures accurate financial tracking and complies with important regulations for business transactions.
