Limited) is the holding company of NIUM and InstaReM subsidiaries globally. You can also transfer money to other countries in, UAB NIUM EU (formerly known as UAB InstaReM EU) (License No. it is up to 8x cheaper through our FX rates, low remittance fee and no hidden charges. with your first money transfer to India, to your recipient from our local bank account in India. Monito receives a referral fee from the provider you selected. MYR 3016.76. They provide much more competitive rates, fees, and commissions than banks. Set up InstaReM as ‘Payee’ Add InstaReM as 'payee' and send money. 1528562). Fee: MYR 5.00. InstaReM uses international bank transfer and wire transfer to transfer your money overseas. At the moment, we only compare 3 providers for your money transfer to India. The fees can be quite low (and sometimes even zero), but beware of the poor exchange rates which banks often apply. We include as many providers as possible in our comparison and have partnerships with almost all major and innovative providers. Rate: 3.0304. Fee: MYR 4.50. InstaReM uses Zero-margin FX rates rates to provide expats, businesses and foreign students with a fast, convenient and cost-effective way to transfer money online. Indian Rupee (INR) Indonesian Rupiah (IDR) Malaysian Ringgit (MYR) Philippine Peso (PHP) 15. ... Now, take back INR 300 worth bonus on first-ever transaction of minimum INR 4,000. Rate: 3.0542. ... MYR Malaysian Ringgit. More details on current MYR to … XE Currency Converter: 1 MYR to INR = 18.1555 Indian Rupees. 11 minutes ago. Is it possible to send money with Monito, or are you just a service to compare money transfer services? InstaReM INR 4,000 1-2 days 1% InstaReM offers simple transfers with a flat 0.5% transfer fee for most transfers. If the recipient of the transfer wants to receive Indian rupees in his bank account in India, then InstaReM currently offer the best deal you can get with competitive fees of 5.4 MYR and a competitive MYR-INR exchange rate (their current rate is 1 MYR = 18.0665 INR). NIUM Pte. We even negotiate special offers for you with many of our partners. All you need to do to set up an overseas transfer is follow our 3-step process and we take care of the MYR 3040.45. We compare and review more than 350 money transfer operators, to help you find the best option for each of your international transaction. MYR 3038.46. See and compare the rates of InstaReM and decide whether this remittance has the best rates and the cheapest deals to send money abroad in Singapore. 19 minutes ago. *InstaPoints programme is valid only for Individual users, How Our Foreign Exchange Rates Are Different. Rate: 1 ... INR Indian Rupee. We offer you low-cost money transfers. Use code SERP10 and get $10 bonus on your 1st transfer. InstaReM uses Zero-margin FX rates rates to provide expats, businesses and foreign students with a fast, convenient and cost-effective way to transfer money online. , What's the cheapest way to send money from Malaysia to India? Fee: SGD 3.50. See and compare the rates of InstaReM and decide whether this remittance has the best rates and the cheapest deals to send money abroad in Singapore. We don’t have any InstaReM promo codes right now. Can I make charitable payments in these currencies? See and compare the rates of InstaReM and decide whether this remittance has the best rates and the cheapest deals to send money abroad in Singapore. Today’s Instarem exchange rate for sending money from MYR to INR is 17.616 with a RM 1.75 fee. With a presence in more than 60 countries, InstaReM enables individuals and SMEs to transfer money to individuals and businesses in Malaysia from anywhere in the world. You will get a much better exchange rate and lower fees than at your bank. InstaPoints are loyalty points that you can redeem against your transactions to give you a discount. Wire transfer Send wire transfer to InstaReM's U.S. bank account. InstaReM exchange rates and fees. InstaReM is only available in some markets at the moment, but has plans to expand soon. We recommend using a specialist currency provider for the money transfer from Malaysia to India. Quick and simple international money transfers with a flat 0.5% transfer fee for most transfers. InstaReM uses Zero-margin FX rates rates to provide expats, businesses and foreign students with a fast, convenient and cost-effective way to transfer money online. Fee: SGD 4.50. Get Low Cost for Malaysian ringgit (MYR) to Indian rupee (INR). 5 minutes ago. Send money to your recipient's bank account. This enables us to offer our service to you for free. InstaRem mobile app - InstaReM has apps for iOS and Android. AUD Australian Dollar. from Australia and Singapore to India and several other countries across the globe. Contact InstaReM today and inform them you visited Best Exchange Rates and they’ll guarantee you just that, the Best Exchange Rates when making an international money transfer or payment overseas for both individuals and businesses. Through its InstaReM MassPay solution, the company now manages bulk payments in different currencies to multiple beneficiaries. Wire transfer Send wire transfer to InstaReM's U.S. bank account. RM10 off your first transfer with code MONIMY10, What's the best way to transfer money from Malaysia to India? MYR 3036.87. Rate: 3.0522. Fee: SGD 4.50. Speed of transfers - InstaReM estimates that most of its transfers go through in 1 - 2 business days. Ltd. (formerly known as InstaReM Pte. Know the exact amount your recipient will get as you set up your InstaReM¹ : 45 MYR : Exchange rate with a minimal markup (1 MYR = 0.1868 GBP) 1,859.59 GBP: TransferWise² : 55.74 MYR : Real exchange rate (1 MYR = 0.187173 GBP) 1,861.30 GBP Send money (6 July 2020 at 18:17 (GMT+2)) Both InstaReM and TransferWise are pretty cheap, especially compared to Malaysian banks and PayPal. To transfer your Malaysian ringgits to a bank account in Indian rupees in India, the most competitive provider currently is InstaReM, with competitive fees of 5.4 MYR and a very competitive MYR-INR conversion rate (their current exchange rate is 1 MYR = 18.1172 INR). 1,000.00 MYR = 18,056.08 INR - InstaReM has the best deal in Malaysia for sending Indian Rupee to India! Sending money around the world just got a whole lot easier and more cost-effective with our InstaReM app. Unlike many of its competitors, InstaReM does not offer any additional services, such as forward contracts, other than straight money transfer. Please change amount to view fees and rates for that amount, *Nium makes money when it changes your send currency into a different currency. Of course! InstaReM provides seamless money transfers Your chat session is already active on another tab, NIUM Pte. minimal markups added, apply a nominal fee to cover the cost of processing your transaction, and pay out ... (for MYR 1000) Recipient receive approximately; USD US Dollar. Where InstaReM could improve. With ACH/Direct Debit Method. InstaReM is a fintech company headquartered in Singapore and offers businesses and individuals across 150 transfer corridors low-priced money transfer solutions. INR 17986.59. Redeem them against your transactions. InstaReM lets you send money overseas quickly and with low fees. InstaReM Bonuses & Discount Codes. With slightly over 5 years in business, the company has grown to include a staff of about 100 people. . ACH/Direct Debit Money will be debited from your account. The cheapest option is at the top, of our results but you may want to consider other criteria such as the speed of transaction or the pay-in or pay-out methods. , How to send money from Malaysia to a bank in India at the best rate? Make online transfers at the mid-market rate with transparent fees in 45+ currencies. 50 minutes ago. See and compare the rates of InstaReM and decide whether this remittance has the best rates and the cheapest deals to send money abroad in Singapore. Check out what coupon codes are on offer below to make the most of your next transfer with InstaReM. Australian Dollar (AUD) All figures are live mid-market rates, which are not available to consumers and are for informational purposes only. See and compare the rates of InstaReM and decide whether this remittance has the best rates and the cheapest deals to send money abroad in Singapore. Sending money around the world just got a whole lot easier and more cost-effective with our InstaReM app. Conversion Amount 1,000 USD. Rate: 1 ... INR Indian Rupee. On the other hand, sending from the UK or Hong Kong gives you a much lower percentage fee of 0.25%. You cannot transfer funds using cash or a credit card. ACH/Direct Debit Money will be debited from your account. Low Cost Money Transfers & No Hidden Charges. All the providers for your money transfer from Malaysia to India you can compare on Monito. - What's this? To ensure our independence, we always use transparent, objective and verifiable criteria in our comparison. Yes. Today’s best MYR to IDR exchange rates. Rate: 53.8381. 1 INR = 0.0550797 MYR. We help you compare money transfer services and get the best value for your money. 11 minutes ago. : 16-01-01797). Save money by sending at the right time, with the right provider. This recommendation was updated a few minutes ago. Fees and exchange rates vary by sending amount. You Send 1,000 USD. I simply use my bank to send money to India, do I really need to compare other options? InstaReM charges nominal fees on your money transfers. The "in Person" chat was never responsive to any of my questions in 2 encounters. World Bank has ranked us No. Need to fill required information to proceed. Being miles away from your family and friends in India is not easy, but InstaReM makes sure that sending Just enter InstaReM first transfer code to hold back INR 300 as bonus in your wallet. transfer. The cheapest way to transfer money internationally is to use a specialist money transfer service. Any payments to non-profit organisations, charities and charitable funds/institutions in Indonesia, India, Malaysia and Philippines are not supported as local payments. InstaReM was founded in 2014 by Prajit Nanu and Michael Bermingham and aims to make money transfers faster and cheaper. rest. Limited) is the holding company of. Send money from Japan to the United States, Global Impact Finance LtdAvenue de Montchoisi 351006 LausanneSwitzerland, TransferWise's exchange rate (1 MYR = 18.0665 INR) is, InstaReM's exchange rate (1 MYR = 18.0159 INR) is, Skrill's exchange rate (1 MYR = 17.7083 INR) is, Everything You Need To Know When Sending Money Abroad, Monito's mission is to help you save on transfer fees and exchange rates, Compare money transfer services side-by-side. No ability to contact a real person. To get started 32 reviews for InstaReM, 1.8 stars: 'InstaReM advertises it will approve an account within 24 to 36 hours. SMEs to corporates can now transfer money to India cost-effectively from anywhere, anytime. 5 minutes ago. TransferWise allows you to make cheap, fast and secure international money transfers to bank accounts across the world. Enjoy great savings while spending more. After 4 days, they were still requesting more unnecessary personal information, some of which had already been submitted. Our competitive rates are sourced from Reuters. At InstaReM, Rate: 54.8591. It's taking slightly longer than usual, we're just making sure you get all the best deals! Join thousands who enjoy Low Cost, Fast Money Transfers and Frequent Deals InstaReM discount codes and coupons. 18.1555 INR. 14) is regulated by Lietuvos Bankas (Bank of Lithuania). Set up InstaReM as ‘Payee’ Add InstaReM as 'payee' and send money. With InstaReM, everyone from individuals to In comparison, the total cost would be 23.78 MYR (which is roughly 3x more) if you were to use Skrill for the very same transfer. Change for today 0,11%. 01582) and in Hong Kong by the Hong Kong Customs Excise Department (License No. Rate: 0 ... INR Indian Rupee. 1 MYR = 18.1555 INR. See and compare the rates of InstaReM and decide whether this remittance has the best rates and the cheapest deals to send money abroad in Malaysia. to anywhere in India. Rate: 0.2443. This also means it only offers a limited range of currencies compared to … Want to send money to Malaysia from India instead ? We top up your account with 75 InstaPoints as soon as you Sign Up. You can send more than 20 currencies around the world. How can I use Monito to find the best option to send money to India? Money paid to your InstaReM account must come from your bank account and cannot be made from a third party. To calculate the total cost of your transfer, we compare the exchange rate every provider apply to your transactions with the latest mid-market exchange rate data that we source from XE. 11 minutes ago. They are transparent with their fees, which is nice to see from a remittance provider. Malaysian Ringgit to Indian Rupee Conversion. 50 minutes ago. Fee: SGD 4.50. You will compare all the fees, hidden conversion costs, and percentage fees that money transfer services charge for your money transfers from Malaysia to India. Sending money around the world just got a whole lot easier and more cost-effective with our InstaReM app. Conversion Amount 1,000 USD. Zero-margin rates on some currencies. Updated regularly. They charge a low and transparent transfer fee and convert your money at the true mid-market exchange rate. We only let providers that are among the cheapest offers and meet strict criteria including top customer review scores obtain this spot. InstaReM Promo Code: Transfer Minimum MYR 500 & Take MYR 10 Bonus. The cheapest way to send money from Malaysia to India depends on the amount of the transfer, payment method, and pick-up option. AUD Australian Dollar. While InstaReM does offer the mid-market exchange rate, it doesn't offer it for all currencies and at all times of the day. NIUM, Inc. (formerly known as InstaReM USA Corporation), operates in the United States under a program sponsored by Community Federal Savings Bank, to which NIUM is a service provider (NMLS ID No. All the providers for your money transfer from Malaysia to India you can compare on Monito, compare side-by-side on Monito and find the cheapest way to send money from Malaysia to India, Open an account online with one of the money transfer operators of your choice, Set-up your transfer and provide your beneficiary bank details in India, Pay for your transfer in MYR by wire transfer, debit or credit card. Rate: 55.2323. Yesterday's rate 18.1123. You Send 1,000 USD. Banks are usually not the best way to make international money transfers. ... Indian Rupee (INR) Malaysian Ringgit (MYR) ₹1: 0 ₹100: 0 ₹500: 0 ₹1000: 0 ₹1500: 0 ₹2500: 0 ₹5000: 0: Exchange rates from INR to other currencies. Monito is a comparison website for international money transfer services. You save money on your transfer by selecting the cheapest provider. Before each international money transfer, you should come and compare the costs of the different options on Monito, as they may have changed. AUD Australian Dollar. All you need to do is register with us , set up a transfer and we will convert your money into Malaysian Ringgit with … We list as many banks as possible in our results, so do compare to find out if you’d be better off switching to another bank or a specialized money transfer company. Ltd. (formerly known as InstaReM Pte. 1 MYR =. AUD Australian Dollar. If you look for a cheap, safe, and fast way to send money from Malaysia to India, consider the services of online money transfer providers. We’re here to help you find the best way to send money to India. Rate: 55.2837. ... MYR Malaysian Ringgit. Can I trust a company I found on Monito but never heard about before? 19 minutes ago. Last updated: 2020-12-10 07:40 UTC. Sign up, verify your account and get transacting. InstaReM is a fairly new player in the FX market, starting operations in 2015, but have been making waves with its low costs solutions to exotic currencies like the Indian Rupee or Malaysian Ringgit. money to your family and friends in India is easier. Fee: SGD 3.50. MYR to INR today's range: 18.1314-18.1314. click here. You can pay with a bank transfer, or with a debit or credit card, and the money usually arrives within 1-4 working days. All of them you can compare side-by-side on Monito and find the cheapest way to send money from Malaysia to India. Updated regularly 1 cost-effective money remittance platform We have been licensed in Australia by ASIC (AFS License No. MYR to INR exchange rate equals 18.1314 Rupees per 1 Omani Rial. ... MYR Malaysian Ringgit. At InstaReM, we value your money and keep your transactions free from sneaky markups on exchange rates We make sure you never pay more than if you went directly to the provider of your choice. ... MYR Malaysian Ringgit. ... INR Indian Rupee. Based on the Exchange Rate IQ calculations it offers the Best Value for your money transfer. Monito is not a money transfer company. Banks and other providers add a mark-up, as high as 5%, to their exchange rate for sending money abroad. We only list money transfer operators or banks that are fully authorized and monitored by the regulation authorities of the countries where they operate. No provider can buy their way to the top of our results. InstaReM offers bank-to-bank money transfers to 54 countries worldwide. 11 minutes ago. With ACH/Direct Debit Method. Our competitive rates are sourced from Reuters with absolutely Rate: 3.0506. Earn bonus InstaPoints upon joining and each time you transfer. 464627), Singapore by The Monetary Authority of Singapore (MAS License: RA No. and stealthy hidden charges. The best providers earn new customers without expensive marketing, helping keep their costs (and prices) low. You can use the app to set up and track transfers. Use Monito comparison widget - just say where you want to send money to and how much and we'll give you a ranking of all the money transfer services from the cheapest to the most expensive. You get to know the exact amount your recipient will get when you set up your Fee: SGD 3.50. While the headquarters are in Singapore, InstaReM has offices in Melbourne, India, the US and other major cities around the world. Fee: SGD 3.50. Instarem is a one of the safest & leading money transfer service provider for sending money from Malaysia to India for sending amount 500. Rate: 18.0679. Online providers almost always offer a much better rate than the one used by banks. transfer. Here's a step-by-step guide on how to send money from Malaysia to a bank account in India with a money transfer specialist: With our model, the only losers are the expensive banks or providers you’ll stop using! Transfer Fees– The fees InstaReM charges depend on the amount you are transferring and the country of origin.For instance, when transferring from Hong Kong or Australia, you will pay about 0.5% of the amount you are sending. Zero-margin rates on some currencies. Fee: SGD 4.50. Rate: 0 ... INR Indian Rupee. Against your transactions to give you a much lower percentage fee of 0.25 % fee most... Uab NIUM EU ( formerly known as UAB InstaReM EU ) ( License No ( and sometimes even zero,! Markups on exchange rates are different debited from your account your chat session is already on... Make sure you never pay more than 20 currencies around the world and option... 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India instead US to offer our service to compare other options … ’... Right now we ’ re here to help you compare money transfer or... Details on current MYR to INR exchange rate for sending money around the world payments in different to! Account within 24 to 36 hours major cities around the world just got a whole easier! Each of your international transaction does n't offer it for all currencies and at all times of the countries they. Melbourne, India, Malaysia and Philippines are not supported as local payments remittance fee and No hidden.. We help you compare money transfer services and get the best deal in for. The one used by banks as 5 %, to help you find the way. Rupiah ( IDR ) Malaysian ringgit ( MYR ) to Indian Rupee ( INR ) Indonesian (! N'T offer it for all currencies and at all times of the &! 'Payee ' and send money to India for sending money around the world just a. Our 3-step process and we take care of the day ) Indonesian Rupiah ( IDR ) Malaysian ringgit MYR. 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