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Cross-Border Business Payments Without the Bank Markup

Cross-Border Business Payments Without the Bank Markup

International business payments have a long-standing reputation problem: banks routinely apply unfavourable exchange rates and hidden fees on cross-border transfers, costs that quietly compound for any business operating across multiple countries. Instarem's business platform was built specifically to challenge that model, aiming for rates closer to the actual mid-market exchange rate rather than a bank's marked-up equivalent.

A genuinely wide payment network

Instarem supports international payments to more than 160 countries — a reach that covers the overwhelming majority of markets a growing business is likely to need, rather than a narrower network limited to major economies alone. That breadth matters specifically for businesses with distributed teams, suppliers, or customers spread across multiple regions.

Bulk payments built for genuine payroll scale

Rather than processing international payments one at a time, Instarem's bulk transfer feature allows up to 1,000 payments to be sent in a single batch, with support for Excel file uploads to pay multiple recipients at once. That capacity directly addresses the real administrative burden of running international payroll or vendor payments manually, transaction by transaction.

Payments processed fast, not just promised fast

Instarem states that over 70% of its payments are processed and paid within an hour — a concrete, measurable claim rather than a vague "fast" descriptor, giving businesses a genuine expectation to plan around rather than an open-ended wait.

Regulated across multiple jurisdictions

The platform is licensed and regulated across 11 separate jurisdictions — a meaningful detail for any business handling significant payment volumes internationally, since regulatory compliance directly affects both the legal standing of the transfers and the platform's accountability if something goes wrong.

A business card built around multi-currency simplicity

Beyond transfers, the Instarem Business Card lets businesses make purchases globally with transactions settled in a single currency, with Instarem handling the underlying foreign exchange conversion — removing the need for a finance team to manually track and reconcile fluctuating exchange rates across multiple expense categories.

Receiving payments without opening local bank accounts

For businesses based in specific eligible markets (including Singapore, Australia, Malaysia, Hong Kong, India, and Indonesia), Instarem's Global Collection Account allows receiving international payments in major currencies like USD, EUR, and GBP without needing to open separate local bank accounts in each region — a genuine operational simplification for businesses selling or invoicing internationally.

Built specifically for recurring business use cases

Beyond generic transfers, Instarem offers purpose-built solutions for specific business needs — global payroll, intra-company transfers, and vendor or supplier payments among them — rather than a single generic transfer tool stretched to cover every use case without genuine specialisation.

At a glance

Who it suits

Instarem Business suits companies managing international payroll, supplier payments, or intra-company transfers across multiple countries who want to avoid the markup and fees typical of traditional bank transfers. Anyone needing to receive international payments should check eligibility first, since Instarem's Receive service for businesses is currently approval-based and limited to specific registered markets rather than universally available. Explore Instarem for Business — **

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