How can I withdraw money from my Global Collection Account?
For businesses based in Malaysia, Hong Kong, India and Indonesia, any funds received in their Global Collection Account are automatically transferred to their linked local bank account associated with their Instarem business account. They don’t need to initiate any manual withdrawal process.
Business based in Australia and Singapore can easily withdrawing funds from their Global Collection Account. You can utilise the “Exchange” option to exchange your balance from wallet to your home currency, then access your home currency wallet, where you will find a “Withdraw” option. Click on “Withdraw” and enter the desired withdrawal amount. You will also have the option to add or select your bank account for the withdrawal. By following these steps, you can easily withdraw funds from your Global Collection Account and transfer them to your designated bank account.
Related FAQs
In what currencies can we collect funds? How do I sign up for the receive service? What happens if there is an issue with receiving the funds? Do you provide tracking or notification options for incoming transfers? Can I receive money directly into my bank account? How long does it typically take to receive funds via Instarem?Didn’t find what you were looking for?
Have a Personal Instarem account?
- Log in to your account on the Instarem app or web.
- Go to your Profile section.
- Tap on Help Center.
- Search for the relevant topic.
- Raise a ticket or chat with us if you didn’t find what you were looking for.
Have a Business Instarem account?
- Log into your account on the Instarem business portal.
- Tap on Help.
- Search for the relevant topic.
- You can raise a ticket by:
- Clicking Submit a request at the top-right corner of the Help Centre page, or
- Clicking Raise a ticket after selecting a topic or FAQ.
- We’ll get back to you once your request is submitted.
