Editorial & Advertiser Disclosure Global Banking And Finance Review is an independent publisher which offers News, information, Analysis, Opinion, Press Releases, Reviews, Research reports covering various economies, industries, products, services and companies. The content available on globalbankingandfinance.com is sourced by a mixture of different methods which is not limited to content produced and supplied by various staff writers, journalists, freelancers, individuals, organizations, companies, PR agencies Sponsored Posts etc. The information available on this website is purely for educational and informational purposes only. We cannot guarantee the accuracy or applicability of any of the information provided at globalbankingandfinance.com with respect to your individual or personal circumstances. Please seek professional advice from a qualified professional before making any financial decisions. Globalbankingandfinance.com also links to various third party websites and we cannot guarantee the accuracy or applicability of the information provided by third party websites. Links from various articles on our site to third party websites are a mixture of non-sponsored links and sponsored links. Only a very small fraction of the links which point to external websites are affiliate links. Some of the links which you may click on our website may link to various products and services from our partners who may compensate us if you buy a service or product or fill a form or install an app. This will not incur additional cost to you. A very few articles on our website are sponsored posts or paid advertorials. These are marked as sponsored posts at the bottom of each post. For avoidance of any doubts and to make it easier for you to differentiate sponsored or non-sponsored articles or links, you may consider all articles on our site or all links to external websites as sponsored . Please note that some of the services or products which we talk about carry a high level of risk and may not be suitable for everyone. These may be complex services or products and we request the readers to consider this purely from an educational standpoint. The information provided on this website is general in nature. Global Banking & Finance Review expressly disclaims any liability without any limitation which may arise directly or indirectly from the use of such information.

6 Emojis That Capture Emotions of Overseas Money Transfers

Those in the remittance business often claim that overseas money transfers are not devoid of emotions. In fact, money transfers are charged with a lot of emotions.

This World Emoji Day, InstaReM, a Singapore-headquartered money transfer firm, has launched many emojis of money transfers—the Money Transfer InstaMojis—as a way for its customers to share their feedback on their transfer and conversations with the InstaReM service team 😉 

  1. The Despair Of Missing a Desirable FX Rate

The Despair Of Missing a Desirable FX Rate

Arrrgggghh!! Yes, that feels terrible! A desirable FX rate was here just now, and it’s gone in no time. That’s infuriating and how! But there is a solution for that!

A lot of FX aggregator sites and almost all remittance service providers offer FX alerts.

You can sign up for the their daily rate alert and keep a close watch on the rate of a currency-pair. Choose your desired currency pair(s) and they will send you will get the rates alerts on your phone every day. 

  1. The Joy of FX Rate Surge

The Joy of FX Rate Surge

With a rate surge the remitter gets more bang for buck, and this is THE MOMENT all remitters wait for! Whether you are sending money to your family back home, or paying for an investment or for your business, being able to send more is a joy beyond words!

  1. The Confusion About Fees and Margins on FX rates

The Confusion About Fees and Margins on FX rates

Are margins fees? Or are fees margins? What is what? There’s usually a lot of raised eyebrows and head-scratching about this. A lot of remitters usually are unsure if the FX rate displayed by service providers on their currency converter is what is applied on transactions. Or are there additional charges? We understand, the industry has been rather opaque in this matter and FX rates have often been riddled with hidden charges and margins. And there are only a few players who’re upfront with their FX rates.

  1. The Happiness of the Best Transfer Amount

The Happiness of the Best Transfer Amount

There are many remittance service providers in the market who claim to offer great rates and charge no fees. But what really matters is the value the remitter gets out of the money sent. It all boils down to finally how much really does the recipient actually get?

InstaReM goes a step further. It gives the Best Transfer Amount Guarantee on all transactions across all corridors it serves. 

  1. The Grief of a Low FX Rate

The Grief of a Low FX Rate

If you must make a scheduled transfer, there is nothing that spoils the day more than having to send money at an unfavourable rate. While there is very little that one can do to help such unfair situations. But with service providers like InstaReM offer Margin-Free FX Rates and charge very nominal fees, you get the most out of your money even under such circumstances. And sometimes there are $ coupons to cheer you up 😉 

  1. The Frustration Over an Incomplete Transfer

The Frustration Over an Incomplete Transfer

As with any other online business, the online remittance industry also comes against the receiving end of irate customers enquiring about their incomplete transfers. Guilty as charged! These companies may not be able to live up to our time-commitment all the time. But sometimes it’s just living by the regulations of the countries they operate in. They might need additional verification, for instance. Sometimes, the very technology that gives an edge, may fail them due to a feature update that’s gone awry. But it’s safe to say, contrary to what many customers think, remittances companies don’t hoard the customers’ hard-earned money.

So do you transfer money overseas? Would these InstaReM InstaMojis work for you? What do you think? Any other InstaMojis you think would help express your experience and emotions better? Feel free to drop in a line.

Prajit Nanu, Co-founder and CEO of InstaReM said: “While on the surface Instamojis look like a bit of fun, its actually really important we give our customers multiple ways of communicating with our teams. What sets InstaReM apart from the big banks, is we are a company that champions the consumer, and to do that successfully, we have to be able to connect with them on all levels.”