InstaREM can be verified via online or must present?

Memang. We Malaysians practically got no luck with instarem Singapore. There are only 3 ways to bring money back to Malaysia from Singapore.
- transferwise
- cimb sg
- 3rd fintech not tested yet.
Not very good. Cimb usually better rates. But still cheaper than DBS. Cimb > transferwise > DBS
I think got issue with transferwise (got something to do with him involving with bitcoin). Hence sharing of information among financial companies.

u will probably get an email saying ur funds returned from the bank pending bank statement. subsequent ones should be fast.

from the transferring babk

aba9785, thank you for sharing your experience of opening and using Instarem Singapore account (allowing you to transfer and convert SGD to other currencies).

1) Are you a Malaysian working in Singapore? Most likely, your Singapore employment pass allows you to open an Instarem Singapore account, right?
2) Looking at the transaction description in your Malaysia savings account, can you tell how Instarem transferred your MYR into your Malaysia savings account? Interbank GIRO (IBG), or Instant Interbank Fund Transfer (IBFT)?
3) Do you have a Instarem Malaysia account (allowing you to transfer and convert MYR to other currencies)?
Thank you for sharing your experiences. Although many of us have Instarem Malaysia account, many of us do not have Instarem Singapore account, because many of us are not working in Singapore.
My concern is that once the SGD-to-MYR promotional rate is not extended by CIMB Singapore in year 2020, we have to rely on the more expensive SGD-to-MYR conversion rate, imposed by TransferWise.
I do not have the figures. However, I am guessing that SGD-to-MYR conversion rate imposed by Instarem Singapore should be better, than the rate imposed by TransferWise. In short, you are in a much better position, than many of us here.

Nice for those who has not open an account