Buy foreign currency, FX cards and transfer money overseas.

Your one-stop-shop for all your overseas remittance and forex prepaid card needs.

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Who we are

Instarem India Pvt. Ltd. (IIPL) is part of Nium, a leading global payments company and first B2B payments unicorn in South-East Asia.

Instarem India Pvt. Ltd. (IIPL) gives you all the benefits of a cutting-edge payments company and the convenience of a one-stop-shop for all your financial needs abroad.

Instarem India Pvt. Ltd. (IIPL) is an authorised Dealer in Foreign Exchange – Category II.

500K+

Customers

25+

Branches

$300M+

Exchanged annually

Most common questions

Instarem is a regulated provider of financial products and services with an AD-II license (Authorised Dealer in Foreign Exchange – Category II). It is a part of Nium Pte. Ltd., a leading global payments company and first B2B payments unicorn in South-East Asia. With Instarem you can buy and sell foreign currency, get prepaid forex cards, and transfer money to 60+ countries easily and securely.

Instarem is an Authorised Dealer (AD) in Foreign Exchange – Category II and is a part of globally trusted fintech leader, Nium. It is completely safe to send money using Instarem.

We charge a nominal service fee on international money transfers. Other than that, we add any applicable GST and/or TCS charges as per standard RBI regulations. With our low fees and competitive FX rates, you can be sure to get great value on your transfers every time.

The maximum amount you can transfer from India is based on the standard limits set by RBI under the Liberalised Remittance Scheme (LRS) – up to USD 250,000 per financial year.

You will need the following documents to send money overseas:
- A2 form to certify that your remittance aligns with RBI rules.
- A valid government ID: PAN card, Aadhar card or passport.
- For students: Foreign university offer letter, Visa copy, bank account details.

Once we receive the funds for your transfer, it usually takes up to 2 business days to process and send the funds to your recipient. Please reach out to your Instarem representative to get more details about your transfer time.

Sign up today and experience the peace of mind that comes with using Instarem India Pvt. Ltd. (IIPL) for your overseas remittance and foreign currency needs.

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