Aside from a business account, you can also maintain an individual account for your personal needs! Setting up your account is also smooth, whether you use a business or personal one.  When opening up a business account, you simply have to identify your business as one upon sign in. InstaReM is trusted among businesses all over the world especially in countries such as the United States, United Kingdom, Malaysia, Singapore, Europe, Hong Kong, and Australia. To get your Instarem account active, the business you are applying for must have a physical office in these countries.

How to make a transaction

1. For ways on how to open an account, start by signing up at the InstaReM website. You can sign-up with your Facebook or Google account. Then afterward you can set up the profile with proper identification.
2. Business Profile. To set up a business account you may be asked to submit proof of business registration in the country where business accounts could be set up. You will also be asked to provide Employer Identification Number. The detail on owners or shareholders will also be asked upon setting up the account as part of the Know Your Customer (KYC) regulation.
3. You can expect your account to be approved within 2 to 3 business days as long as requirements are fulfilled.
4. Country Operation. The business account set up in each specific country can only operate within the country. This is in compliance with different regulations per country involved. If you wish to set up InstaReM in various countries, you may set up accounts for each country.

Fees and Exchange Rate

One good thing for newcomers is that there is no set-up fee when opening the account. Payments or charges are only incurred per transaction. Depending on the amount of your transaction and which country you transact from, fees may range from 0.3% to 1%. The platform is also powered by Nium Inc. that helps customers get an upfront amount on foreign currency conversion.

Advantages

• Operates within legitimate grounds. Accounts on InstaReM are legitimate thanks to its rigorous screening process that only allows duly-registered businesses to open accounts.
• Lower Fees. Compared to other international transfer platforms, InstaReM allows users to operate at a lesser cost when transferring money to another country.
• Multiple Payment Option. You can also do multiple payments in one go with your InstaReM account
• Multiple Currency Payments. This platform also gives way for users to send or receive money even if it’s not in US Dollars, making it a highly-global money transfer platform.