Skip to main content

Zero-Margin FX Rates – Your Money Can #DoMore For You

By admin, March 19, 2018, Categories: Featured

Hits: 828

Zero-Margin FX Rates: What’s That?

InstaReM , offers you mid-market FX rates sourced directly from Reuters. The Mid-market FX rate is the dynamic midpoint between the “buy rate” and “sell rate” of foreign currencies in the world currency markets.

With Zero-Margin FX, InstaReM eliminates the margins to the rates offered by it. You get to transfer at mid-market rates served fresh to you, straight from the currency markets!

from the currency markets!

How Does InstaReM’s Zero-Margin FX Rate Stack Up Against Competition?

InstaReM enlisted Medici, a world-leading fintech research firm, to independently benchmark the company against the competition. Even those competitors which claim Zero Transfer Fees. The research concluded that InstaReM is the most cost-effective among its competitors in many markets!

HONG KONG

Actual transactions of HKD 1000 and desktop research were initiated in five corridors from Australia to India, EU, UK, US, and the Philippines. Below were the results of the amounts received:

Source: http://bestexchangerates.com, www.remitfinder.com, mozo.com.au, www.monito.com

AUSTRALIA

Actual transactions of AUD 1000 and desktop research were initiated in five corridors from Australia to India, EU, UK, US, and Vietnam. Below were the receiving amounts with banks and other service providers:

Download the complete report here.

SINGAPORE

Actual transactions of SGD 1000 and desktop reset were initiated in five corridors from Singapore to India, Indonesia, Philippines, UK, and US. Below was the receiving amounts of with banks and other service providers:

Download the complete report here.

MALAYSIA

Actual transactions of MYR 1000 and desktop research were initiated in five corridors from Australia to India, EU, UK, US, and Vietnam. Below were the receiving amounts:

Source: http://bestexchangerates.com, www.remitfinder.com, mozo.com.au, www.monito.com

InstaReM was found to be the most cost-effective service provider in all the corridors included in the research. This is further supported by the fact that World Bank lists InstaReM as #1 cost-effective money transfer platform from Australia to India,  Singapore to India, and several other corridors.

Conclusion

Among all the remittance players analyzed for these twenty corridors from Australia, Singapore, Hong Kong, and Malaysia; InstaReM is found to be the most cost-effective money transfer service with its Zero-Margin FX rate, nominal fees, and no hidden charges.

There’s a reason after-all why clients prefer the InstaReM Zero-Margin FX platform for their overseas money transfers!

Facebook Comments

Subscribe Now!

Stay tuned with latest events, news and happenings in Hong Kong.

Facebook feed

2 days ago

Ae haalo haalo!!
Brush up your #garba moves and get ready with your #dandiya outfits cause
the most awaited #Navratri event is back! Book your tickets fast..........

LIKE
LOVE
HAHA
WOW
SAD
ANGRY
3 days ago
The madness of Dandiya is round the corner let's get ready Hong Kong

The madness of Dandiya is round the corner let's get ready Hong Kong

LIKE
LOVE
HAHA
WOW
SAD
ANGRY
1 week ago

***Contest***

How can we forget our Ms.Most Gracious at the Navratri Utsav 2017. She not only danced gracefully but also made the entire group lively and with fyull of energy. Anyone who can tag ... See more

LIKE
LOVE
HAHA
WOW
SAD
ANGRY
LIKE
LOVE
HAHA
WOW
SAD
ANGRY
« 1 of 42 »