
Company name
Instarem Pte Ltd
Country of Incorporation
7 Straits View, Marina One East Tower, #05-01, 018936
Singapore
Enterprise Type
SME
Industries
InstaReM Pte Ltd began with a friend's bachelor party in Thailand. Prajit Nanu, formerly global sales director of TMF Group and VP - Sales & Account Management at WNS, while booking a resort in Phuket for the party, was frustrated with the cumbersome process to transfer money overseas. This experience made Prajit realize that international money transfers were neither straight-forward, nor cost-effective. Excessive paperwork and multiple touchpoints increased costs, and stretched the time taken for end-to-end transfer.
It is regulated by MAS under RA No. 01420 in Singapore. InstaReM Pte Ltd is licensed under the Money-changing and Remittance Businesses Act (Cap. 187) to carry on remittance business.
We perform corporate and individual remittance transactions.