Has anyone used Instarem as a means of transferring funds into Thailand. It appears that they have a better exchange rate than Wise but would like to hear if anyone has experienced any problems or a good experience with this company
Answer summary
The discussion revolves around using Instarem for transferring funds to Thailand, with users comparing its exchange rates and fees against Wise. Some comments suggest verifying overall fees beyond just exchange rates, and there are mentions of promotional offers by Instarem for first-time users. Users are seeking firsthand experiences with Instarem's service to gauge reliability and potential hidden costs.
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Lester *********
OP
Even Wise is stating that Instarem is cheaper in the comparisons part of the site. Just wanting some feedback on anyone who has actually used them?
It's showing a fee promotion for first transfer.. Need to know actual fee to compare. Also it may have charges at the bank here for handling the transfer.. Again an unknown.
The difference (even with discounted fee) is negligible for a £1000