Best Alternatives to Instarem [In 2024]: Send Money Globally

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Instarem is a popular platform known for its user-friendly interface and competitive rates for international money transfers. However, if you’re looking for the Best Alternatives to Instarem that offer similar convenience and even better deals, you’ve come to the right place. 

There are other Best Alternatives to Instarem, like Xoom, Wise, WorldRemit, Western Union, and many more that provide seamless and cost-effective ways to send money abroad.

In this guide, we’ll introduce you to the Best Alternatives to Instarem and their Pros and Cons. So let’s get started!

Also Know, How to Earn InstaPoints on Instarem.

Best Alternatives to Instarem

1. Xoom (PayPal)

Xoom, PayPal’s international transfer service, offers convenience and security for sending money globally. 

While it may not be the most cost-effective option due to its higher fees and exchange rate markup, Xoom’s user-friendly interface and fast delivery make it popular among customers in the US, Canada, and Europe.


  • Money-back guarantee for undelivered transfers
  • Flexibility in deposit, cash pickup, or delivery options
  • Lower fees for PayPal customers
  • Access to live customer support 24/7


  • Higher fees for credit/debit card funding
  • Limits on daily, monthly, and six-month transactions

2. Wise (formerly TransferWise)

Wise offers competitive rates for international transfers, with transparency and no hidden fees. 

Users can transfer funds to 80 countries using regular bank accounts.


  • Highly rated app
  • Transparent fee structure
  • Wide currency support (50+ currencies)
  • Money delivered in 2-4 business days


  • Limited availability worldwide
  • Fees can be higher for larger transfers
  • Not all currencies supported for transfers

See: Wise Promotion Offer.

3. MoneyGram

With a vast network of agent locations, MoneyGram enables fast international remittances to over 200 countries. Transactions can be completed online or through the app.


  • Extensive cash pick-up network
  • Fast transfer times (10 minutes to 2 working days)
  • Support for over 200 countries/territories


  • Higher fees and exchange rate margins
  • Limited flexibility in transfer methods
  • Lack of transparency in pricing

4. Western Union

Western Union stands as one of the oldest and most well-known names in the money transfer industry. Established in 1851, the company has built a global reputation for facilitating secure and efficient money transfers.


  • Established reputation and reliability
  • Transparent fee structure
  • Various transfer initiation methods
  • Extensive global network for cash pickup
  • Multiple payment options are available


  • Relatively higher fees compared to competitors
  • Longer processing times for bank-to-bank transfers
  • Daily transfer limits may be restrictive

See: Western Union Money Transfer Sign Up Bonus.

5. CurrencyFair

CurrencyFair is a reputable online cross-border payment and foreign exchange service that facilitates money transfers internationally. Established in 2009 and headquartered in Dublin, Ireland, CurrencyFair has expanded its services globally, serving customers in over 150 countries across 22+ currencies.


  • Excellent customer support
  • Fast transfer times
  • Regulated and secure
  • No minimum transfer amount


  • Limited payment options (no cash pick-up or mobile wallets)
  • Potential waiting time for exchange rate matches

6. Remitly

Remitly is a digital platform that facilitates international money transfers, allowing users to send funds to recipients in different countries. With a focus on convenience, affordability, and transparency, Remitly offers various transfer options, including bank deposits, cash pickups, and home delivery. 


  • User-friendly interface
  • Competitive exchange rates
  • Transparent fee structure
  • Fast transfer times
  • Multiple delivery options
  • Excellent customer support


  • Limited availability in certain countries
  • Not suitable for large business transactions

Remitly Promotion gives you Sign Up Bonus and Referral Offer.

7. WorldRemit

WorldRemit offers cross-border digital payments to over 130 countries and 70 currencies. With flexible payout and funding options, users can enjoy convenient and reliable money transfers.


  • Wide range of supported countries and currencies
  • Diverse payout options are available
  • 24/7 customer support
  • No minimum transfer amount


  • Exchange rates include a markup
  • Availability of delivery methods varies by country
  • Relatively low maximum transfer amounts

8. XE Money Transfer

XE Money Transfer is a reputable online service providing fast and secure international money transfers. With over two decades of experience in the currency exchange industry, XE offers extensive global coverage, supporting transfers to over 170 countries in more than 60 currencies. 


  • Enables transfers in more than 60 currencies to over 170 countries.
  • Offers convenient cash pickup options at various locations.
  • Multilingual app available in 11 languages.


  • Limited to transfers from only 22 countries.
  • Imposes transfer fees and exchange rate markups.


While Instarem serves as a reliable option for international money transfers, exploring its alternatives offers individuals a wider range of choices to find the most suitable solution. Each alternative, such as WorldRemit, CurrencyFair, Wise, and XE Money Transfer, presents unique features and benefits. 

By considering factors like fees, speed, and available services, users can select the alternative that best fits their specific preferences and needs. Whether it’s flexibility, low costs, or enhanced accessibility, these alternatives provide diverse options to adjust to various requirements, ensuring a convenient and efficient money transfer experience.

We hope that this content about Best Alternatives to Instarem is very helpful to you.


How trustworthy is Instarem?

Out of 5 stars, Instarem is rated 4.4.

Does Instarem work in USA?

With Instarem you can send money from the United States of America to over 60 countries quickly, easily, and cheaply.

Does Instarem work in Nigeria?

With Instarem, sending money to Nigeria is lightning fast. 

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