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Does Instarem offer FCNR deposits?
No. Instarem does not offer FCNR deposits.
Instarem is a cross-border money transfer service that helps you send money overseas, such as USD or SGD, to your Indian NRE bank account. You can then request your bank to place those funds into an FCNR deposit.
Related FAQs
What is an FCNR deposit? Which currencies can be held in an FCNR deposit? What type of account can I send money to for an FCNR deposit? How do I open an FCNR deposit? How long does the transfer take? Is there a minimum or maximum amount for this transfer?Didn’t find what you were looking for?
Have a Personal Instarem account?
- Log in to your account on the Instarem app or web.
- Go to your Profile section.
- Tap on Help.
- Search for the relevant topic.
- Raise a ticket or chat with us if you didn’t find what you were looking for.
Have a Business Instarem account?
- Log into your account on the Instarem business portal.
- Tap on Help.
- Search for the relevant topic.
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You can raise a ticket by:
- Clicking Submit a request at the top-right corner of the Help Centre page, or
- Clicking Raise a ticket after selecting a topic or FAQ.
- We’ll get back to you once your request is submitted.
