InstaReM introduces FREE Money Transfers

Absolutely ZERO Margins, ZERO Transfer Fees

Shaking up the Money Transfer Industry

HONG KONG, March 30, 2017 /PRNewswire/ -- InstaReM, a Singapore-headquartered money transfer company is introducing FREE Money Transfers exclusively for users in Hong Kong.

All new and existing clients can enjoy Absolutely ZERO Margins, ZERO Transfer Fees, Easy Sign-ups and Quick - Same or Next business day transfers at InstaReM.

InstaReM, a Money Services Operator licensee in Hong Kong, is running this campaign until end of April 2017. By offering interbank rates directly from the exchange rates provided by Reuters.com, InstaReM will charge ZERO margins. InstaReM also doesn't charge any handling or transaction fee for money transfers as a rule.

"We are keen to introduce our new way of money transfer to Hong Kong residents. We feel remittance services should be easier, quicker and more cost effective. Traditional services are costly. InstaReM enables individuals, SMEs, and financial institutions to send across payments at the lowest possible cost and fastest possible time," said Prajit Nanu, InstaReM co-founder and CEO.

This is exciting news for Hong Kong residents who need to move funds abroad, such as parents sending money for kids studying overseas, expatriates sending money home and SMEs paying overseas bills. InstaReM also provides a separate service to help corporations and SMEs to make bulk payments to its payees in the quickest possible time.

To enjoy the services, individual users can sign up with basic personal information, with a simple upload of valid HKID copy and residential address proof on www.instarem.com. Upon verification, users could immediately perform money transfers online. The payees will receive the exact amount in the designated currency on the same or next business day. As quick as that!

Client Services:
Hotline: +852 5808 7734
Email: support@instarem.com
Live Chat: www.instarem.com

About InstaReM

• InstaReM, which currently holds remittance licenses in Australia, Singapore, Hong Kong, and Canada, is applying for licenses in other jurisdictions including the USA.
• InstaReM started operations in Australia, since 2015 it has grown a client base of 20,000+ and with 45+ staff globally.
• InstaReM is one of Southeast Asia's largest digital cross-border payments provider.
• Major investors of InstaReM include Fullerton Financial Holding (a wholly owned subsidiary of Temasek, an investment company owned by Singapore's Ministry of Finance), Vertex Ventures and Global Founders Capital.
• Instarem Limited is licensed as a Money Service Operator and is regulated in Hong Kong by the Hong Kong Customs Excise Department (License No.: 16-01-01797).