Compare exchange rates
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Note: Rates may vary based on market fluctuations and transfer methods. Please check the updated rates and fees at the time of setting up your transaction.
Get the best transfer rates with Instarem
Enjoy bank-beating exchange rates, low fees and total transparency with us! Sign up now for a hassle-free money transfer experience!
How to send money from Europe: 4 easy steps
Sign up for an account online or via our app. Upload proof of address in Europe and your identification documents.
Fill in your recipient’s information.
Choose the type of currency you want to send, input the amount, and select your preferred transfer method.
Note: Refer to our international money transfer limits guide for more information on the maximum amount you can transfer in a single transaction to your choice location.
Key in the verification code that is sent to your registered phone number or email. This helps us keep your money safe.
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FAQs
Money transfer rates fluctuate frequently, so there is no single answer to this question. The best currency transfer rate in Europe can vary depending on the market conditions. However, our foreign exchange comparison rate checking tool will help you identify the most favourable rates available. Be sure to check the tool for curency exchange rate comparison when you're ready to send money.
To get the best value for your international money transfer, compare the currency exchange rates to the mid-market rate. The mid-market rate is the average price at which currencies trade globally, without any extra markups. As with the rates offered by Instarem, you will notice that the best currency transfer rates will always be close to the published mid-market rates.
Not usually. In general, banks add high markups and extra fees to their exchange rates, making international transfers more expensive. If you compare money exchange rates provided by specialised money transfer services like Instarem, you will find that Instarem typically provides more competitive rates and transparent pricing compared to banks, saving you money on every transfer.
