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Special FX Rate for First-Time Customers

New to Instarem in Indonesia? Get started with a special foreign exchange (FX) rate on your first transfer abroad! No codes needed—just transfer between IDR [min limit] and IDR [max limit] and enjoy a better rate, instantly.

Simply log into your account, complete your registration, and make your first transfer IDR [min limit] and IDR [max limit] to enjoy the special rate. The special FX rate applies only to this first transfer, and may vary based on your destination country.

This Special FX Rate for First-Time Customers Promotion (“Promotion”) is brought to you by PT Nium Mitra Indonesia (“Nium Indonesia”). Nium Indonesia is a subsidiary of Nium Pte. Ltd. and is regulated by Bank Indonesia as a Category 3 Payment Service Provider (License No. 21/261/Jkt/1). “Instarem” is a brand operated by Nium Pte. Ltd. and its subsidiaries globally.

The Promotion is available to Instarem customers in Indonesia only.

The amount of the promotional FX rate will be shown on the screen of your Instarem app before you make your first transfer.

Please read these Terms and Conditions before participating in this Promotion. By participating, you (as a “Participant”) agree to be bound by these Terms and Conditions and confirm that you meet all eligibility requirements described below.

  • The Promotion is available for qualifying first-time customers only and is limited to one (1) transfer per person. Existing customers are not eligible for this promotion. This Promotion is not valid with any other offer.
  • The Promotion will entitle qualifying first-time customers to make one (1) transfer of a minimum of IDR [#amount], subject to our additional terms and conditions (“Qualifying Transfer”), at the promotional FX rate published on Instarem’s website or mobile app at the time of the Qualifying Transfer.
  • Amounts less than IDR [#amount] will be sent at the regular FX rate applicable to your transaction, and not at the promotional FX rate.
  • All FX rates are subject to change from time to time at Instarem’s sole discretion.
  • This is a limited time offer. The Promotion will be valid for Qualifying Transfers submitted during the promotion period, which begins on [#date], 2025 at 12:00 am JKT and ends on [#date], 2025 at 11:59 pm JKT (the “Promotion Period”); however, Instarem reserves the right to cancel the Promotion at any time prior to the end of the Promotion Period, with or without prior notice to you. Any Qualifying Transfer will be honored if initiated prior to the Promotion’s cancellation. Transfers submitted outside of the Promotion Period will not be eligible for the Promotional Offer.
  • Insufficient funding of your transfer will make you ineligible for the Promotion. The Promotion will not be valid for any otherwise Qualifying Transfer that is cancelled either by you or by Instarem. A transfer is considered “successfully completed” when funds are deposited into your intended recipient’s bank account. If the transaction is not successfully completed, the promotional FX rate available at the time of initiation will not be applied to any future transfers.
  • You may not participate in the Promotion where doing so would be prohibited by any applicable law, statute, or regulations. Instarem reserves the right to limit this Promotion to one individual per household. Any attempt by a customer to abuse this Promotion by using multiple or different identities, registrations, logins, or any other methods will, in Instarem’s sole discretion, void and disqualify the customer from receiving the Promotion. Instarem reserves the right to disqualify or void transfers that, in its opinion, are intended to circumvent Promotion rules, or are deemed to be fraudulent or abusive.
  • Employees of Instarem and its affiliates are not eligible to participate in this Promotion. Business customers of Instarem are not eligible to participate in this Promotion.
  • This promotion is in no way sponsored, endorsed or administered by or associated with any social media platform.
  • By participating in this promotion, you agree to these Terms and Conditions. Failure to comply with any of these terms and conditions may result in the disqualification of the entry in the promotion.
  • This Promotion and all use by you of our transfer services are subject to Instarem’s other terms and conditions, which are set forth here: https://www.instarem.com/terms-policies/terms-conditions/
  • All transfers need to be within Instarem’s policies and regulatory requirements. Please refer to our FAQs for more information: https://www.instarem.com/help-personal/
  • Use of our services is subject to applicable Indonesian financial services laws and regulations, including those issued by Bank Indonesia. Instarem reserves the right to modify or terminate this Promotion in order to comply with any regulatory or legal requirements.
  • These Terms and Conditions shall be governed by and construed in accordance with the laws of Indonesia, and subject to the regulatory oversight of Bank Indonesia.