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

By Katherine O'Chee · · 2 min read
Fact Checked
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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. 

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. 

* The exchange rates offered by each provider are indicative exchange rates that have either been supplied by each provider or gathered by Mozo. Exchange rates fluctuate constantly and as a consequence the exchange rates listed here may vary to the actual exchange rate you are quoted by a provider. Please ensure you confirm the actual exchange rate with the relevant provider prior to conducting any transaction. These exchange rates are updated every hour.

^See information about the Mozo Experts Choice International Money Transfer Awards

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