Side by side
Instarem vs OFX
Both stand on money transfer apps. Which one you can start free with, which one lets you read the code, and what each costs once you pay.
Free plan AndroidiPhoneWeb
Instarem combines personal remittances with business payment tools across web and mobile. Registration is free, but transfer fees vary, and transfer timing depends on destination and payment method.
Visit Instarem Free plan WebiPhoneAndroid
OFX combines multi-currency business accounts, international payments, cards, controls, and accounting connections. Its web and mobile apps also provide transfer tracking and operational access.
Visit OFXThe facts
| Instarem | OFX | |
|---|---|---|
| Free plan | Yes | Yes |
| Open source | Not published | Not published |
| Runs on | Android, iPhone, Web | Web, iPhone, Android |
| Lowest paid plan | Free or on request | Free or on request |
| Plans published | 2 | 1 |
| Maker | Instarem | OFX |
| Website | instarem.com | ofx.com |
| On money transfer apps | #10 of 81 | #6 of 81 |
Instarem: what it does well
- Personal transfers reach more than 60 countries.
- Real-time tracking and upfront fee display are available.
- Business payments cover more than 160 countries.
- Bulk uploads can process up to 1,000 transactions.
What to know first
- Transfer fees vary by amount, currency, and destination.
- Some transfers take up to two business days.
- Business Receive requires application and approval.
OFX: what it does well
- Free business account with no minimum balance
- Supports more than 30 currencies
- Payments reach 170+ countries
- Real-time expense tracking for corporate cards
- Xero and QuickBooks Online integrations
What to know first
- Transfers typically take 1–3 days
- Exchange rates include a markup
- Corporate card availability is a listed feature, not a stated free service