UAB Instarem EU

UAB Instarem EU Logo
Trustpilot Rating
Reviews 4,640 | Excellent
 (4.4)
Business Focus
global money transfers

UAB Instarem EU is an electronic money institution focused on global money transfers. UAB Instarem EU offers international money transfers, e-wallet accounts to individuals, businesses. In 2019 UAB Instarem EU had total customer funds to be safeguarded of 1.39 mln EUR, UAB Instarem EU generated gross profit of 184,000.00 EUR. Incorporated in Lithuania, UAB Instarem EU is authorized and regulated by the Bank of Lithuania.

Products
  • e-wallet accounts
Services
  • international money transfers
Clients
  • individuals
  • businesses

Money Transfers

Instarem EU offers money transfers between more than 40 countries in more than 10 currencies. Money can be sent from InstaRem e-wallets, bank accounts, debit cards and received to bank accounts. Transfers made with Instarem EU are usually completed within 1-3 days.

instarem-eu Money Transfers
Speed
1-3 days
Amount Range
n/a
Countries
40+ countries
Currencies
10+ currencies
Sending From
  • InstaRem e-wallets
  • bank accounts
  • debit cards
Receiving To
  • bank accounts

Available Currencies

AUAUD (Australian dollar)
CACAD (Canadian dollar)
EUEUR (Euro)
GBGBP (Pound sterling)
HKHKD (Hong Kong dollar)
ININR (Indian rupee)
MYMYR (Malaysian ringgit)
SGSGD (Singapore dollar)
USUSD (US dollar)

Sending Countries

Instarem EU allows to send money from 9 countries, namely:

EuroZone Countries
AU Australia
SG Singapore
HK Hong Kong
MY Malaysia
GB United Kingdom
CA Canada
IN India
US United States

Receiving Countries

Instarem EU allows to send money to 54 countries, namely:

BD Bangladesh
CN China
HK Hong Kong
IN India
ID Indonesia
JP Japan
MY Malaysia
NP Nepal
PK Pakistan
PH Philippines
SG Singapore
KR Korea, Republic of
LK Sri Lanka
TH Thailand
VN Vietnam
AT Austria
BE Belgium
BG Bulgaria
HR Croatia
CY Cyprus
CZ Czech Republic
DK Denmark
EE Estonia
FI Finland
FR France
DE Germany
GR Greece
HU Hungary
IE Ireland
IT Italy
LV Latvia
LT Lithuania
LU Luxembourg
MT Malta
MC Monaco
NL Netherlands
NO Norway
PL Poland
PT Portugal
RO Romania
SM San Marino
SK Slovakia
SI Slovenia
ES Spain
SE Sweden
GB United Kingdom
US United States
CA Canada
MX Mexico
AR Argentina
CL Chile
CO Colombia
PE Peru
AU Australia

Sending Methods

InstaRem e-Wallets
To start making transfers with InstaRem, it is required to create and top up an account with InstaRem, InstaRem e-Wallet.
Bank Accounts
InstaReM e-Wallets can be topped up through Electronic Funds Transfer (EFT) / Bank Transfers / Wire Transfers in all countries.
Debit Cards
InstaReM e-Wallets can be topped up with debit cards in the EU countries.
Other Methods
You can also send money through POLi (in Australia), Debit Card (in EU), FPX (in Malaysia) and ACH Pull or Bank Transfer method (in USA).

Receiving Methods

Bank Accounts
InstaRem supports sending money to bank accounts only.

Advantages of Instarem EU Transfers

Available to both individuals and businesses

Disadvantages of Instarem EU Transfers

Few currencies are available
Receiving money to bank accounts only

Alternatives to Instarem EU Transfers

Compare Instarem EU Money Transfers

See Also

Operations with Cryptocurrencies

No

Instarem EU do not conduct operations with cryptocurrencies.

See Also

Financial Highlights

Customer Funds (2019)
1.39 mln EUR  (-77.00%)
Gross Profit (2019)
184,000.00 EUR  (+283.33%)
Total Equity (2019)
561,000.00 EUR  (+42.03%)

Mobile Applications

Mobile Application: InstaReM – Send Money Overseas

 2.6, 114 Ratings

InstaReM – Send Money Overseas
InstaReM – Send Money Overseas
InstaReM – Send Money Overseas
InstaReM – Send Money Overseas
InstaReM – Send Money Overseas Supported Languages
GBEnglish

Company Details

Country of Registration
LTLithuania
Company Number
304548794
BIC
UAINLT21XXX
Authorized By
Bank of Lithuania
Authorization Number
LB000420
Authorization Granted
28 September 2017
Authorized Activities
  • withdrawing cash from a payment account
  • execution of payment transactions on a payment account (not covered by a credit line)
  • issuing payment instruments or acquiring payment transactions
  • money remittance

UAB Instarem EU is authorized by the Bank of Lithuania (authorization number LB000420) for withdrawing cash from a payment account, execution of payment transactions on a payment account (not covered by a credit line), issuing payment instruments or acquiring payment transactions, money remittance. The authorization was granted on 28 September 2017.

EEA Passport
Yes
Deposit Guarantee
No

Due to EEA passport rules UAB Instarem EU, can conduct its activities in any of the 31 EEA member states. UAB Instarem EU do not participate in deposit guarantee schemes.

Membership
SWIFT
SEPA

UAB Instarem EU is a SWIFT member and a SEPA (SCT, SCT Inst) scheme participant.

See Also

Contacts

Mėsinių str. 5, 01133, Vilnius, Lithuania
Website Languages
GBEnglish

Similar EMIs

Guavapay Limited (United Kingdom)
alternative banking solutions
Hermex International Limited (United Kingdom)
foreign exchange and international transfers
UAB IBS Lithuania (Lithuania)
digital banking services between Europe and China
Koronapay Europe Limited (Cyprus)
money transfers in Europe
Luxon Payments Limited (United Kingdom)
foreign exchange and international transfers
UAB Maneuver Lt (Lithuania)
alternative banking and payment solutions

See Also