InstaReM’s special offer for Aussies sending cash Christmas gifts overseas

Katherine O'Chee

03 Dec 2019

redactor/hero-images/1227/sending_cash_christmas_gifts_overseas_content.jpg

If you’ve got family or friends living abroad, chances are you know the pain of hefty parcel fees all too well - especially around the festive season when you may be delivering a whole bunch of presents across the globe. 

For Aussies wanting to dodge those hundreds of dollars in postage costs, you may be planning to surprise your loved ones with generous cash gifts instead. If that’s the case, then you’re in luck this Christmas, as for a limited time, you could snatch up a special offer for sending money overseas

International money transfer (IMT) provider InstaReM is giving its customers a bonus equivalent to US$10 (around AU$15*), on each of their first two transactions. This amount gets subtracted from your transfer fees - a bite-sized deal to help you save a few dollars this silly season. 

To receive the bonus, you’ll need to transfer at least US$500 (around AU$734*).

Keen to hop onto this offer? It’s easy - just enter the coupon code ‘XMAS10’ when making money transfers with InstaReM, any time between now until 31 December 2019. 

Promoted

InstaReM International Money Transfer
  • Competitive exchange rates that beat the banks

  • Low transfer fees

  • Transparent about its costs

InstaReM is taking on the big banks in Australia with ultra competitive international money transfer rates. It offers live interbank mid-market rates, which means customers can look forward to fairer prices without having to worry about hidden costs, like a retail margin or mark-up^. What’s more, InstaReM comes with very few fees, and it’s upfront about the one that it does charge you - there’s just a nominal transaction fee of 0.50% to factor in. 

More on InstaReM: what's so great about it? 

InstaReM, otherwise known as Instant Remittance, is a specialist IMT service that lets you send money in more than 20 different currencies. Its headquarters are in Singapore, but it also has offices around the world, including in Asia, the UK, USA and Australia. 

According to a recent report from the Australian Competition and Consumer Commission (ACCC), InstaREM is “one of the most cost-effective money transfer service providers in Australia”, with exchange rates that beat the big banks. The report revealed that it’s the cheapest IMT service provider in Australia to send US$200 overseas, and the second cheapest, after Transferwise, to send US$7,000 overseas. 

Besides competitive pricing, InstaReM also offers fast transfers, taking typically 1-2 business days to finish. 

So if you’re sending cash last minute, you can be reassured that you won’t be waiting around for too long before your gift arrives inside the bank account of your loved one. 

Interested in seeing how InstaReM stacks up against other IMT providers? Head over to our international money transfer comparison page to get started on comparing today! 


*Figures as of 3:20pm, 2 December 2019 

^The retail margin or mark-up is the difference between the exchange rate that your bank or FX provider buys a currency at, and the exchange rate they sell it to you for. 

Mozo may receive advertising fees from the financial institutions, issuers of financial or credit products and third party advice providers that are shown on this page. These fees are based on a cost per click, cost per acquisition, or a fixed fee.