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. Incorporated in Lithuania, UAB Instarem EU is authorized and regulated by the Bank of Lithuania.
Instarem EU offers money transfers between more than 40 countries in more than 10 currencies. Money can be sent from InstaRem e-wallets and received to bank accounts. Transfers made with Instarem EU are usually completed within 1-3 days.
Instarem EU do not conduct operations with cryptocurrencies.
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.
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.
UAB Instarem EU is a SWIFT member and a SEPA scheme participant.