Fast and cost-effective intra-company transfers

Businesses can transfer funds between subsidiaries using various methods, including:

• Bank transfers: Traditional but often slow and costly due to high fees and unfavorable exchange rates.
• Fintech solutions like Instarem: Faster, cost-effective, and offering competitive FX rates for intra-company money transfers.
• Internal fund transfers via multi-currency accounts: Some businesses maintain centralised accounts to allocate funds as needed. Instarem enables global fund transfers between business accounts quickly and securely, ensuring that companies can move money across their international entities without unnecessary costs

Yes, intra-company money transfer regulations vary by country. Some jurisdictions have specific requirements for capital movement, documentation, and tax compliance for cross-border business transfers. Businesses should stay informed about local financial regulations and reporting obligations. Instarem enables seamless and compliant international payments, ensuring secure and efficient transactions.

The most cost-effective way to transfer money between business accounts abroad is through a service that offers:

• Competitive FX rates: Get more value with fair and transparent exchange rates.
• Low or no hidden fees: Reduce transaction costs with transparent pricing.
• Efficient processing: Minimise costs associated with delays in fund movement.

Instarem provides businesses with an affordable solution for intra-company money transfers, ensuring savings on FX conversions while maintaining speed and security.

Transfer speed depends on the payment method and destination country.

• Traditional bank transfers: Typically take 2-5 business days due to intermediary banks and clearance processes.
• Instarem’s business transfers: Over 70% of our payments are processed and paid within an hour. Thanks to our extensive local payment networks, many transactions are settled in minutes. In some cases, depending on the destination currency and banking processes, payments may take up to one to two business days to reflect.

To make an intra-company transfer, follow the steps below:

• Sign up: Create your free Instarem account.
• Add your beneficiary: Provide your recipient’s details.
• Initiate the transfer: Initiate a request to move funds between its entities.
• Verify transaction details: Selects the amount, currency, and recipient entity. We will show you our best rates and fees upfront before you proceed.