What documents do I need to apply for financing?

28 Jul 2025

1 min read

Written by Aditi Ray

This article covers:

You’ll only need basic KYB (Know Your Business) documents, such as your business registration and recent transaction history. Here’s what’s required based on your country:

Singapore	Australia
Director ID: – Residents: NRIC – Non-residents: Passport Credit score Business registration documents Bank statements (last 12 months)	Director ID: – Driving licence – Medicare card – Passport (only if funding requested is above AUD 200K) Business registration documents Bank statements (last 12 months)

You can start your application process directly from your Instarem business account.

Instarem stands at the forefront of international money transfer services, facilitating fast and secure transactions for both individuals and businesses. Our platform offers competitive exchange rates for popular currency pairs like USD to INR, SGD to INR, and AUD to INR. If you're looking to send money to India or transfer funds to any of 60+ global destinations, Instarem makes it easy for you. We are dedicated to simplifying cross-border payments, providing cutting-edge technology that support individuals and businesses alike in overcoming traditional fiscal barriers normally associated with banks. As a trusted and regulated brand under the umbrella of the Fintech Unicorn Nium Pte. Ltd., and its international subsidiaries, Instarem is your go-to for reliable global financial exchanges. Learn more about Instarem.

Explore more articles

Alipay Singapore: How to use Alipay on your trip to China

Alipay Singapore: How to use Alipay on your trip to China

Mobile payments are becoming the norm in China, so if you’re heading there for…

How MOBI Asia scaled faster and reduced FX costs by 40% with Instarem

Customer stories

How MOBI Asia scaled faster and reduced FX costs by 40% with Instarem

The Company MOBI Asia is a licensed payment gateway operating across Southeast Asia, powering both…

Navigating Singapore’s Import Tax with Ease: A Guide

Navigating Singapore’s Import Tax with Ease: A Guide

Key Takeaways Singapore offers one of the world’s most competitive and business-friendly environments…

Malaysian custom tax explained: What to expect when importing

Malaysian custom tax explained: What to expect when importing

Whether you’re a small brand sending products into Malaysia or a shopper surprised…

From Calculation to Payment: Get to Know Import Tax in Australia

From Calculation to Payment: Get to Know Import Tax in Australia

Key Takeaways How Does Import Tax Apply in Australia? Simply put, import tax is a…

HK import tax explained: What you should know

HK import tax explained: What you should know

Key takeaways When it comes to doing business in Asia, few places offer the same…

How Lovet improved payment speed and cashflow planning with Instarem

Customer stories

How Lovet improved payment speed and cashflow planning with Instarem

The Company Based in Singapore, Lovet has built a loyal customer base with its focus…

How Instarem supports Airserve Marine Travel’s global operations with faster, smarter cross-border payments

Customer stories

How Instarem supports Airserve Marine Travel’s global operations with faster, smarter cross-border payments

The company Airserve Marine Travel is a regional leader in corporate and marine travel management…

How to buy gold online?

How to buy gold online?

Gold has long been regarded as a timeless investment, especially during periods of economic uncertainty…

Cost of living in Indonesia – single, family & student

Cost of living in Indonesia – single, family & student

The monthly cost of living in Indonesia for an individual is IDR 7,394,740…