Planning a large money transfer?

For smooth and secure high-value money transfers, Instarem may ask for:

• Your ID: A government-issued ID and proof of address.
• Recipient details: Their full name, bank account and bank info.
• Transfer purpose: Why you are sending (e.g., international payment for property purchase, family support, etc.).
• Source of funds: If needed, documents like bank statements, salary slips, or sale agreements.

Providing the right details upfront helps speed up your large international transfer. If we need more info, we’ll reach out.

For a safe large money transfer, follow these steps:

• Use a trusted provider: Instarem is licensed and regulated for secure transfers.
• Verify your identity: Completing your (KYC) verification helps prevent delays.
• Choose a secure payment method: Bank transfers are best for large international transfers.
• Double-check details: Avoid errors by confirming your recipient’s info.
• Track it live: Stay updated in real time.

With Instarem, most large money transfers arrive within hours. But depending on the recipient’s country, bank processing times, and public holidays, it may take up to 1-2 business days or slightly longer in certain cases. 

Yes, like all payments, large money transfers must comply with regulations to prevent fraud, money laundering, and tax evasion. Depending on your country and the recipient’s location, you may need to comply with:

• KYC (Know your customer) and AML (Anti-money laundering) checks: Instarem follows strict verification processes to keep transfers secure and compliant.
• Cross-border transfer limits: Some countries set limits or require declarations for large international transfers.
• Sanctions and restrictions: Transfers to certain countries or entities may be restricted.

For transfers above 20,000 HKD, extra documentation may be needed.

To avoid delays, verify your account and keep records of your transfer. If you have any concerns, we recommend you consult a financial expert or check with local authorities for specific legal requirements.

Keep more of your money when you transfer large amounts abroad with these tips:

• Compare fees and rates: Use Instarem’s calculator to get competitive rates and transparent pricing.
• Choose the right payment method: For amounts above 20,000 HKD, bank transfers are the most cost-effective option.
• Avoid hidden costs: Instarem keeps fees low and upfront – no sneaky charges.

• Bank statements
• Property sale agreements
• Pay slips

• Buying property: Secure real estate overseas.
• Family support: Help loved ones with tuition fees, healthcare, or daily expenses.
• Investments: Fund investment opportunities abroad.
• Education: Pay for tuition and living costs.
• Medical expenses: Cover treatment overseas.
• Relocation: Move funds when settling in a new country.
• Gifts and inheritance: Transfer large sums for gifts or estate settlements.

This may happen due to multiple reasons: 

Processing times for large transfers may extend due to multiple reasons: 
 

• Large transfers typically go through extra security checks before they are sent to the recipient. If additional verification is needed, processing may take longer. 

• If you are sending from the US via ACH, there may be insufficient funds in your account. 

• Technical issues at the bank. 

• Bank holidays, weekends, or bank operating hours. 
   

What to do? 

• Check for any requests from us and provide the required details promptly to avoid delays. Otherwise, transactions may process on the next business day in accordance with the bank’s operations hours. If there’s an issue, we’ll notify you. 

Sometimes, our partner banks conduct additional checks on large transfers, which may extend processing time. 

What to do? 

• If we’ve asked for additional documents, submit them as soon as possible to help speed things up.