International Money Transfer Limits
Many countries have limits on outward foreign currency flows. Kindly take a note of international money transfer limits as per your country of residence, mandated by local regulatory authorities, as well as by Instarem. Please note this list is updated on a periodic basis.
| Country | Minimum transfer amount - Native currency (Instarem) | Minimum transfer amount - Other currencies (Instarem) | Payment methods & maximum transfer amounts | Comments |
|---|---|---|---|---|
Australia | AUD 1 | N/A |
| Instarem limits |
Hong Kong | HKD 1 | USD 1 |
| Instarem limits |
Singapore | SGD 1 | USD 1 |
| Instarem limits |
Malaysia | MYR 1 | N/A |
| Regulatory limits |
India | N/A | N/A |
| Regulatory limits |
Europe | EUR 1 | N/A |
| Instarem limits |
United Kingdom | GBP 1 | N/A |
| Instarem limits |
United States | USD 1 | N/A | Per transaction limit
Monthly limits
| Instarem limits |
Canada | CAD 1 | N/A | INTERAC e-Transfer:
| Instarem limits |
Japan | JPY 1 | N/A | Bank Transfer:
| Instarem limits |
Besides the above limitations on outward remittances in various countries, regulations in receiving countries also impose limits on maximum inward remittances to individual and business recipients in the country. Please find a list of countries below with regulatory limits on inward money transfers. In some cases, we have also included possible limits by local banks.
| Country | Currency | Business to Business | Business to Individual | Individual to Individual | Individual to Business |
|---|---|---|---|---|---|
| Philippines | PHP | Card: Up to 50,000 per transactionBank transfer: No limit | Card: Up to 50,000 per transactionBank transfer: No limit | Cash payout: Up to 50,000 per transactionWallet: Up to 50,000 per transactionBank transfer: No limitCard: Up to 2,500 PHP per transaction | Bank transfer: No limit |
| Philippines | USD | Bank transfer: No limit | Bank transfer: No limit | Bank transfer: No limit | Bank transfer: No limit |
| India | INR | Bank transfer: No limitCard: Up to 50,000 INR/transaction | Bank transfer: No limitCard: Up to 50,000 INR/transaction | UPI: Up to 100,000 INR/transactionBank transfer: No limit | Bank transfer: No limit |
| India | USD | Bank transfer: No limit | Bank transfer: No limit | Bank transfer: No limitCard: Up to 2,500 USD/transaction | Bank transfer: No limit |
| Indonesia | IDR | Bank transfer: No limitCard: Up to 50,000 IDR/transaction | Bank transfer: No limitCard: Up to 50,000 IDR/transaction | Bank transfer: No limitCard: Up to 2,500 IDR/transaction | Bank transfer: No limit |
| Indonesia | USD | Bank transfer: No limit | Bank transfer: No limit | Bank transfer: No limit | Bank transfer: No limit |
| Thailand | THB | Bank transfer: No limitCard: Up to 50,000 THB/transaction | Bank transfer: No limitCard: Up to 50,000 THB/transaction | Bank transfer: No limitCard: Up to 2,500 THB/transaction | Bank transfer: No limit |
| Thailand | USD | Bank transfer: No limit | Bank transfer: No limit | Bank transfer: No limit | Bank transfer: No limit |
| Malaysia | MYR | Bank transfer: No limitCard: Up to 50,000 MYR/transaction | Bank transfer: No limitCard: Up to 50,000 MYR/transaction | Bank transfer: No limitCard: Up to 2,500 MYR/transactionDuitNow: 1,00,00,000 MYR | Bank transfer: No limitDuitNow: 1,00,00,000 MYR |
| Singapore | SGD/USD | Bank transfer: No limit | Bank transfer: No limit | Bank transfer: No limit | Bank transfer: No limit |
| Bangladesh | BDT | Card: Up to 50,000 BDT/transaction | Card: Up to 50,000 BDT/transaction | Bank transfer: No limitCard: Up to 2,500 BDT/transaction | N/A |
| Bangladesh | USD | Bank transfer: No limit | Bank transfer: No limit | Bank transfer: No limit | Bank transfer: No limit |
| Hong Kong | HKD | Bank transfer: No limit | Bank transfer: No limit | Bank transfer: No limit | Bank transfer: No limit |
| Hong Kong | USD | Bank transfer: No limit | Bank transfer: No limit | Bank transfer: No limit | Bank transfer: No limit |
| Sri Lanka | LKR | Bank transfer: No limitCard: Up to 50,000 LKR/transaction | Card: Up to 50,000 LKR/transactionBank transfer: No limit | Bank transfer: No limitCard: Up to 2,500 LKR/transaction | Bank transfer: No limit |
| Vietnam | VND | Bank transfer: No limit | Bank transfer: No limitCard: Up to 50,000 VND/transaction | Bank transfer: No limitCard: Up to 2,500 VND/transaction | N/A |
| Vietnam | USD | N/A | Bank transfer: No limit | Bank transfer: No limit | N/A |
| China | CNY | N/A | N/A | Card: Up to 3,000 USD/transaction Wallet: Up to 50,000 CNY/transaction | N/A |
| China | USD | Bank transfer: No limit | Bank transfer: No limit | Bank transfer: No limit | Bank transfer: No limit |
| Nepal | NPR | Bank transfer: No limitCard: Up to 50,000 NPR/transaction | Bank transfer: No limitCard: Up to 50,000 NPR/transaction | Bank transfer: No limitCard: Up to 2,500 NPR/transaction | Bank transfer: No limit |
| Nepal | USD | Bank transfer: No limit | Bank transfer: No limit | Bank transfer: No limit | Bank transfer: No limit |
| Australia | AUD | Bank transfer: No limit | Bank transfer: No limit | Bank transfer: No limit | Bank transfer: No limit |
| Australia | USD | Bank transfer: No limit | Bank transfer: No limit | Bank transfer: No limit | Bank transfer: No limit |
| UK | GBP / USD | Bank transfer: No limit | Bank transfer: No limit | Bank transfer: No limit | Bank transfer: No limit |
| Canada | CAD | Bank transfer: Up to 25,000 CAD/transaction | Bank transfer: Up to 25,000 CAD/transaction | Bank transfer: Up to 25,000 CAD/transaction | Bank transfer: Up to 25,000 CAD/transaction |
| Canada | USD | Bank transfer: No limit | Bank transfer: No limit | Bank transfer: No limit | Bank transfer: No limit |
| South Korea | KRW | Bank transfer: No limit | Bank transfer: No limit | Bank transfer: No limit | Bank transfer: No limit |
| Pakistan | PKR | N/A | Bank transfer: No limit | Bank transfer: No limit | N/A |
| Ghana | GHS | N/A | N/A | Bank transfer: 50,000 GHSWallet: Up to 10,000 GHS/transaction | Bank transfer: 50,000 GHS |
| Nigeria | NGN | N/A | N/A | Bank transfer: 2,000,000 NGN | N/A |
| Uganda | UGX | Bank transfer: No limit | Bank transfer: No limit | Bank transfer: No limit | Bank transfer: No limit |
| Germany | USD | Bank transfer: No limit | Bank transfer: No limit | Bank transfer: No limit | Bank transfer: No limit |
| Germany | EUR | Bank transfer: No limitCard: Up to 50,000 EUR/ trxn | Bank transfer: No limitCard: Up to 50,000 EUR/transaction | Bank transfer: No limitCard: Up to 2,500 EUR/transaction | Bank transfer: No limit |
| France | USD/EUR | Bank transfer: No limit | Bank transfer: No limit | Bank transfer: No limit | Bank transfer: No limit |
| Italy | USD/EUR | Bank transfer: No limit | Bank transfer: No limit | Bank transfer: No limit | Bank transfer: No limit |
| Spain | USD | Bank transfer: No limit | Bank transfer: No limit | Bank transfer: No limit | Bank transfer: No limit |
| Spain | EUR | Bank transfer: No limitCard: Up to 50,000 EUR/transaction | Bank transfer: No limitCard: Up to 50,000 EUR/transaction | Bank transfer: No limitCard: Up to 2,500 EUR/transaction | Bank transfer: No limit |
| Japan | USD | Bank transfer: No limit | Bank transfer: No limit | Bank transfer: No limit | Bank transfer: No limit |
| Brazil | BRL | N/A | N/A | Pix: Up to 8,000 USD/transactionBank transfer: Up to 8,000 USD/transaction | Bank transfer: Up to 3,000 USD/transaction |
| Argentina | ARS | N/A | N/A | Bank transfer: Up to 25,000 USD/transaction | Bank transfer: Up to 25,000 USD/transaction |
| Austria | USD/EUR | Bank transfer: No limit | Bank transfer: No limit | Bank transfer: No limit | Bank transfer: No limit |
| Belgium | USD/EUR | Bank transfer: No limit | Bank transfer: No limit | Bank transfer: No limit | Bank transfer: No limit |
| Bulgaria | USD/EUR | Bank transfer: No limit | Bank transfer: No limit | Bank transfer: No limit | Bank transfer: No limit |
| Chile | CLP | N/A | N/A | Bank transfer: 7,000,000 CLP | N/A |
| Colombia | COP | N/A | N/A | Bank transfer: 999,999,999,999 COP | N/A |
| Cyprus | USD | Bank transfer: No limit | Bank transfer: No limit | Bank transfer: No limit | Bank transfer: No limit |
| Cyprus | EUR | Bank transfer: No limitCard: Up to 50,000 EUR/transaction | Bank transfer: No limitCard: Up to 50,000 EUR/transaction | Bank transfer: No limitCard: Up to 2,500 EUR/transaction | Bank transfer: No limit |
| Croatia | USD | Bank transfer: No limit | Bank transfer: No limit | Bank transfer: No limit | Bank transfer: No limit |
| Croatia | EUR | Bank transfer: No limitCard: Up to 50,000 EUR/transaction | Bank transfer: No limitCard: Up to 50,000 EUR/transaction | Bank transfer: No limitCard: Up to 2,500 EUR/transaction | Bank transfer: No limit |
| Czech Republic | USD | Bank transfer: No limit | Bank transfer: No limit | Bank transfer: No limit | Bank transfer: No limit |
| Czech Republic | EUR | Bank transfer: No limitCard: Up to 50,000 EUR/transaction | Bank transfer: No limitCard: Up to 50,000 EUR/transaction | Bank transfer: No limitCard: Up to 2,500 EUR/transaction | Bank transfer: No limit |
| Denmark | USD/EUR | Bank transfer: No limit | Bank transfer: No limit | Bank transfer: No limit | Bank transfer: No limit |
| Dominican Republic | DOP | N/A | N/A | Bank transfer: Up to 1,250,000 DOP/transaction | N/A |
| Egypt | EGP | N/A | N/A | Bank transfer: No limitWallet: Up to 30,000 EGP/transaction | Bank transfer: No limit |
| Estonia | USD | Bank transfer: No limit | Bank transfer: No limit | Bank transfer: No limit | Bank transfer: No limit |
| Estonia | EUR | Bank transfer: No limitCard: Up to 50,000 EUR/transaction | Bank transfer: No limitCard: Up to 50,000 EUR/transaction | Bank transfer: No limitCard: Up to 2,500 EUR/transaction | Bank transfer: No limit |
| Finland | USD/EUR | Bank transfer: No limit | Bank transfer: No limit | Bank transfer: No limit | Bank transfer: No limit |
| Greece | USD | Bank transfer: No limit | Bank transfer: No limit | Bank transfer: No limit | Bank transfer: No limit |
| Greece | EUR | Bank transfer: No limitCard: Up to 50,000 EUR/transaction | Bank transfer: No limitCard: Up to 50,000 EUR/transaction | Bank transfer: No limitCard: Up to 2,500 EUR/transaction | Bank transfer: No limit |
| Guatemala | GTQ | N/A | N/A | Bank transfer: Up to 150,000 GTQ/transaction | N/A |
| Hungary | USD/EUR | Bank transfer: No limit | Bank transfer: No limit | Bank transfer: No limit | Bank transfer: No limit |
| Iceland | USD/EUR | Bank transfer: No limit | Bank transfer: No limit | Bank transfer: No limit | Bank transfer: No limit |
| Ireland | USD/EUR | Bank transfer: No limit | Bank transfer: No limit | Bank transfer: No limit | Bank transfer: No limit |
| Kenya | KES | N/A | N/A | Bank transfer: No limit | N/A |
| Latvia | USD | Bank transfer: No limit | Bank transfer: No limit | Bank transfer: No limit | Bank transfer: No limit |
| Latvia | EUR | Bank transfer: No limitCard: Up to 50,000 EUR/transaction | Bank transfer: No limitCard: Up to 50,000 EUR/transaction | Bank transfer: No limitCard: Up to 2,500 EUR/transaction | Bank transfer: No limit |
| Luxembourg | USD/EUR | Bank transfer: No limit | Bank transfer: No limit | Bank transfer: No limit | Bank transfer: No limit |
| Lithuania | USD | Bank transfer: No limit | Bank transfer: No limit | Bank transfer: No limit | Bank transfer: No limit |
| Lithuania | EUR | Bank transfer: No limitCard: Up to 50,000 EUR/transaction | Bank transfer: No limitCard: Up to 50,000 EUR/transaction | Bank transfer: No limitCard: Up to 2,500 EUR/transaction | Bank transfer: No limit |
| Malta | USD | Bank transfer: No limit | Bank transfer: No limit | Bank transfer: No limit | Bank transfer: No limit |
| Malta | EUR | Bank transfer: No limitCard: Up to 50,000 EUR/transaction | Bank transfer: No limitCard: Up to 50,000 EUR/transaction | Bank transfer: No limitCard: Up to 2,500 EUR/transaction | Bank transfer: No limit |
| Monaco | USD/EUR | Bank transfer: No limit | Bank transfer: No limit | Bank transfer: No limit | Bank transfer: No limit |
| Netherland | USD/EUR | Bank transfer: No limit | Bank transfer: No limit | Bank transfer: No limit | Bank transfer: No limit |
| New Zealand | USD | Bank transfer: No limit | Bank transfer: No limit | Bank transfer: No limit | Bank transfer: No limit |
| Switzerland | USD | Bank transfer: No limit | Bank transfer: No limit | Bank transfer: No limit | Bank transfer: No limit |
| Norway | USD/EUR | Bank transfer: No limit | Bank transfer: No limit | Bank transfer: No limit | Bank transfer: No limit |
| Peru | PEN | N/A | N/A | Bank transfer: 10,000,000 PEN | N/A |
| Poland | USD/EUR | Bank transfer: No limit | Bank transfer: No limit | Bank transfer: No limit | Bank transfer: No limit |
| Portugal | USD/EUR | Bank transfer: No limit | Bank transfer: No limit | Bank transfer: No limit | Bank transfer: No limit |
| Romania | USD | Bank transfer: No limit | Bank transfer: No limit | Bank transfer: No limit | Bank transfer: No limit |
| Romania | EUR | Bank transfer: No limitCard: Up to 50,000 EUR/transaction | Bank transfer: No limitCard: Up to 50,000 EUR/transaction | Bank transfer: No limitCard: Up to 2,500 EUR/transaction | Bank transfer: No limit |
| San Marino | USD/EUR | Bank transfer: No limit | Bank transfer: No limit | Bank transfer: No limit | Bank transfer: No limit |
| Slovakia | USD | Bank transfer: No limit | Bank transfer: No limit | Bank transfer: No limit | Bank transfer: No limit |
| Slovakia | EUR | Bank transfer: No limitCard: Up to 50,000 EUR/transaction | Bank transfer: No limitCard: Up to 50,000 EUR/transaction | Bank transfer: No limitCard: Up to 2,500 EUR/transaction | Bank transfer: No limit |
| Slovenia | USD/EUR | Bank transfer: No limit | Bank transfer: No limit | Bank transfer: No limit | Bank transfer: No limit |
| Sweden | USD/EUR | Bank transfer: No limit | Bank transfer: No limit | Bank transfer: No limit | Bank transfer: No limit |
| Turkey | TRY | N/A | N/A | Bank transfer: Up to 60,000 TRY/transaction | N/A |
| USA | USD | Bank transfer: No limitBank transfer: Up to 300,000 USD/transaction | Bank transfer: No limitBank limit: Up to 300,000 USD/transaction | Bank transfer: Up to 300,000 USD/transaction | Bank transfer: Up to 300,000 USD/transaction |
| Mexico [From US Only] | MXN | Bank transfer: No limit | Bank transfer: No limit | Bank transfer: No limit | Bank transfer: No limit |
| Uruguay | UYU | N/A | N/A | Bank transfer: Up to 5,000,000 UYU/transaction | N/A |
| Bhutan | USD | N/A | N/A | Bank transfer: No limit | Bank transfer: No limit |
| Saudi Arabia | SAR | N/A | N/A | Bank transfer: 15,000 SAR per transaction | N/A |
| The United Arab Emirates | AED | N/A | N/A | Bank transfer: No limit | Bank transfer: No limit |
The above information is provided on ‘as-is’, ‘as-available’ basis only. The above information is subject to change and will be periodically updated. Although every effort is made to ensure the reliability of the information above, we encourage you to do a thorough esearch through various Government and other sources to reach a conclusion. This shall not constitute as a warranty, either expressed or implied with regards to the accuracy and adequacy of any information stated herein. Instarem would not be liable for any discrepancy, or any loss or damage arising as a result of the above data.
