WorldRemit
This alternative to InstaReM has its headquarters in the UK, with offices also in the U.S., Canada, Australia, New Zealand and Japan. You may use the WorldRemit review to understand your options better. The website is in different languages and lets you pay for your transfer using a credit card. Recipients may collect transferred funds from cash pickup locations but the company only serves individuals and not businesses.
Pros
Cons
CurrencyFair
Ireland-based CurrencyFair began operations in 2009. It also has offices in the UK and Australia. The CurrencyFair peer-to-peer Exchange platform lets you bid for preferred exchange rates. You may register with this InstaReM competitor as an individual or a business.
Pros
Cons
TransferWise
TransferWise has been in business since 2011. This UK-based alternative to InstaReM traces its roots to Estonia and has offices in several countries. It operates a multilingual website. With the TransferWise Borderless Account, you may receive payments and hold funds in up to 27 currencies. The company accepts payments via credit cards from residents of some countries. It serves individuals and businesses.
Pros
Cons
XE Money Transfer
This Canada-based alternative to InstaReM began operations in 1993. It also has offices in the U.S. and the UK. XE (formerly HiFX) operates dedicated websites for the U.S., Canada, the UK, Australia, and New Zealand. Website access comes in different languages. This company lets you register as an individual or a business.