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