International Money Transfer Limits

Many countries have limits on outward foreign currency flows. Kindly take a note of international money transfer limits as per your country of residence, mandated by local regulatory authorities, as well as by Instarem. Please note this list is updated on a periodic basis.

Limits on Outward Flow of Remittance (Individual users)

Country	Minimum transfer amount - Native currency (Instarem)	Minimum transfer amount - Other currencies (Instarem)	Payment methods & maximum transfer amounts	Comments
Australia	AUD 1	N/A	PayID transfer: No sending limit Bank transfer: No sending limit Debit card: AUD 20,000 Credit card: AUD 20,000	Instarem limits
Hong Kong	HKD 1	USD 1	Bank transfer: No sending limit Debit card: HKD 30,000	Instarem limits
Singapore	SGD 1	USD 1	PayNow: SGD 200,000 per day Bank transfer: No sending limit Debit card: SGD 20,000 Credit card: SGD 20,000 Linked bank account: Up to SGD 200,000	Instarem limits
Malaysia	MYR 1	N/A	FPX transfer: MYR 30,000 per day* Malaysian citizen: MYR 30,000/day Expat: MYR 30,000/day Foreign worker: MYR 5,000/month	Regulatory limits
India	N/A	N/A	Bank transfer: Minimum and maximum limits may vary based on local bank regulations	Regulatory limits
Europe	EUR 1	N/A	Bank transfer: No sending limit Debit card: EUR 10,000	Instarem limits
United Kingdom	GBP 1	N/A	Bank transfer: No sending limit Debit card: GBP 10,000	Instarem limits
United States	USD 1	N/A	Per transaction limit ACH: USD 3,000* Set up Instarem as ‘Payee’: Instarem limits Wire transfer: Instarem limits Debit card: USD 1,000* Credit card: USD 1,000* Monthly limits ACH: USD 12,000* Set up Instarem as ‘Payee’: Instarem limits Wire transfer: Instarem limits Debit card: USD 2,000* Credit card: USD 2,000*	Instarem limits
Canada	CAD 1	N/A	INTERAC e-Transfer: CAD 3,000 per day CAD 10,000 per week CAD 20,000 per month	Instarem limits
Japan	JPY 1	N/A	Bank Transfer: Minimum limit per transaction: JPY 5,000 Maximum limit per transaction: JPY 1,000,000	Instarem limits

Besides the above limitations on outward remittances in various countries, regulations in receiving countries also impose limits on maximum inward remittances to individual and business recipients in the country. Please find a list of countries below with regulatory limits on inward money transfers. In some cases, we have also included possible limits by local banks.

Limits on Inward Flow of Remittance

Country	Business to Business	Business to Individual	Individual to Individual
India	1.5 Million INR (approx. USD 25,000) per transaction per day for Trade transactions only. No limit on transfers made in USD.	No limit	No limit
Philippines	<150,000 PHP (beneficiary will receive exact amount) >150,000 PHP (beneficiary may receive lesser amount as beneficiary bank may charge fees for transaction above 150,000 PHP). No limit on transfers made in USD.	<150,000 PHP (beneficiary will receive exact amount) >150,000 PHP (beneficiary may receive lessr amount as beneficiary bank may charge fees for transaction above 150,000 PHP). No limit on transfers made in USD.	<150,000 PHP (beneficiary No limit on transfers made in USD.
Indonesia	No Limit	No Limit	No Limit
Thailand	Transaction limit per remitter is 2,000,000 THB per day, per Kasikorn bank beneficiary Transaction limit per remitter is 49,999 THB per day, per non-Kasikorn bank beneficiary No limit on transfers made in USD.	Transaction limit per remitter is 2,000,000 THB per day, per Kasikorn bank beneficiary Transaction limit per remitter is 49,999 THB per day, per non-Kasikorn bank beneficiary No limit on transfers made in USD.	Transaction limit per remitter is 2,000,000 THB per day, per Kasikorn bank beneficiary Transaction limit per remitter is 49,999 THB per day, per non-Kasikorn bank beneficiary No limit on transfers made in USD.
Malaysia	No Limit	No Limit	No Limit
Singapore	No Limit	No Limit	No Limit
Bangladesh	No Limit	No Limit	No Limit
Hong Kong	No Limit	No Limit	No Limit
Sri Lanka	No Limit	No Limit	No Limit
Vietnam	-	Minimum Transfer Amount: 500,000 VND and Maximum destination amount is 250000000 VND per transaction No limit on transfers made in USD.	Minimum Transfer Amount: 500,000 VND and Maximum destination amount is 250000000 VND per transaction No limit on transfers made in USD.
China - (CNY)	Currently, we do not support this service.	Currently, we do not support this service.	For Money Express – Maximumum Transaction amount is 5,000 USD per transaction and 10,000 USD per day For Bank Channel – 3,000 USD per transaction. For Bank Channel – For each beneficiary, 2 transactions per day and yearly quota for each beneficiary is 50,000 USD We do not support CNY payments from India
China - (USD)	No Limit	No Limit
Nepal	No Limit	No Limit	No Limit
Australia	No Limit	No Limit	No Limit
UK	No Limit	No Limit	No Limit
South Korea	Per Transaction Limit: USD 3,000 equivalent. Note: USD payout is not available in South Korea.	Per Transaction Limit: USD 3,000 equivalent. Note: USD payout is not available in South Korea.	Per Transaction Limit: USD 3,000 equivalent. Note: USD payout is not available in South Korea.
Pakistan	No Limit Note: USD payout is not available in Pakistan.	Daily limit per beneficiary: USD 3,000 equivalent. Note: USD payout is not available in Pakistan.	Daily limit per beneficiary: USD 3,000 equivalent. Note: USD payout is not available in Pakistan.
Ghana	Minimum transaction amount: GHS 50 Maximum transfer amount: GHS 5000	Minimum transaction amount: GHS 50 Maximum transfer amount: GHS 5000	Minimum transaction amount: GHS 50 Maximum transfer amount: GHS 5000
Nigeria	Minimum transaction amount: NGN 50 No limit on maximum transfer amount	Minimum transaction amount: NGN 50 No limit on maximum transfer amount	Minimum transaction amount: NGN 50 No limit on maximum transfer amount
Tanzania	No Limit	No Limit	No Limit
Uganda	Minimum transaction amount: UGX 50 No limit on maximum transfer amoun	Minimum transaction amount: UGX 50 No limit on maximum transfer amoun	Minimum transaction amount: UGX 50 No limit on maximum transfer amoun

The above information is provided on ‘as-is’, ‘as-available’ basis only. The above information is subject to change and will be periodically updated. Although every effort is made to ensure the reliability of the information above, we encourage you to do a thorough esearch through various Government and other sources to reach a conclusion. This shall not constitute as a warranty, either expressed or implied with regards to the accuracy and adequacy of any information stated herein. Instarem would not be liable for any discrepancy, or any loss or damage arising as a result of the above data.