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Paying for Overseas Tuition Fees

Managing exchange rates is important when paying for overseas tuition fees

Millions of international students are studying outside their home countries which can be a very expensive business.

So it's important to manage save money where-ever possible and this includes minimising unnecessary foreign exchange costs and fees. By setting up a regular overseas payment with one of our BER partners below, you don't have to worry about your transactions every semester.

If you require a specific amount for each payment, benefit from a fixed foreign currency amount regular payment that removes the exchange rate risk.

Foreign Transfers - Compare Providers

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Compare Foreign Transfer Provider Rates

1) Select Currencies and Enter Send or Receive Amount 2) Compare Exchange Rates and Click to the Provider's website 3) Open an Account with the Broker 4) Book your Foreign Transfer Deal & Save.
Comparing FX Providers
 OFX
         
Reviews
Average Cost : 1.0%
Book & track your foreign transfers online (24/7) with industry best rates for all your deals - not just the first one! Lock in exchange rates with Spot & Forward Deals. BestExchangeRates gets you your first two transfers fee free.
 WorldFirst
Reviews
Average Cost : 1.1%
Best exchange rates for safe, secure, fastest available international payments and currency exchange. Award winning service and online tools for individuals and business. BestExchangeRates users get their first two transfers fee free.
 TransferWise
Reviews
Average Cost : 1.5%
TransferWise always aims to converts money at the real mid-market exchange rate. There’s just a small, fair service fee and it’s all shown up-front. Rate shown here with the minimum 0.5% rate volatility limit. Exchange guaranteed within 2 business days - Pay via Bank Transfer or VISA/Mastercard debit cards.
 WorldRemit
         
Reviews
Average Cost : 1.59%
Send Money Online Anytime, Anywhere. 24/7 online service – no agents to visit. Bank Transfers - Cash Pickup - Mobile Money - Airtime top-up.
* Register from the below button for a Zero Fee first transfer.
More info Pay via Bank Transfer or VISA/Mastercard
 Bank/Bureau - Average Rate
         
Average Cost : 4.78%
Average USDEUR International Transfer Exchange Rates from a sample of Banks available in branch and via internet banking systems.


BER

News & Updates 

Malaysian Ringgit Outlook: Has It Turned a Corner?

The Malaysian ringgit has been one of Asia’s worst performing currencies for some time. Between May-2013 and September-2015 the exchange rate for MYR/USD declined from highs at 0.338 to 0.223 – a 34% fall in the currency’s value. Markets gave the ringgit some respite between October-15 and April-16, a period in which the ringgit clawed... View article >
Posted on 29 April 2017 | 6:00 am GMT
Author: Joel Wright

Greenback mixed ahead of US GDP data

FX markets woke up in Europe after a sleepy Asia session, their slumber disturbed by a deluge of data from the Eurozone. EURUSD inched lower in Asia, falling from 1.0884 to 1.0857 where it found itself when Europe opened. Mixed to better than expected German data including a 2.3% rise in Retail Sales for March... View article >
Currency:
Posted on 28 April 2017 | 11:58 am GMT
Author: Agility Forex

Pound Bolstered as ECB Leaves Rates Unchanged

Sterling GBP/USD 1 Week Chart The Pound (GBP) trended higher against the other majors overnight on Thursday as investors reacted poorly to news from the European and US markets. Sterling was also strengthened this morning as the Bank of America revised its forecast for the Pound this year, suggesting GBP/USD will hold at around $1.25.... View article >
Posted on 28 April 2017 | 8:31 am GMT
Author: TorFX

Three in a Row for Japanese CPI Growth and Trump Pantomime Continues

Japan’s National Core CPI – an inflation reading that strips out volatile food prices – has risen on an annualized basis for the third consecutive month. For the year ending March-17, core CPI grew 0.2%, matching February’s figure and improving on January’s 0.1%. Although the rate of growth appears slight, it is a welcome development... View article >
Currency:
Posted on 28 April 2017 | 4:08 am GMT
Author: Joel Wright

Loonie Firms on Trump NAFTA Flip-Flo

USDCAD had a wild and woolly overnight session and that was thanks to President Trump and his administration’s trade policy communication. On Wednesday, USDCAD was climbing due the new US softwood lumber countervailing duties, the threat to the dairy industry, falling oil prices, a doveish Bank of Canada and M&A flows. The nail in the... View article >
Currency:
Posted on 27 April 2017 | 12:38 pm GMT
Author: Agility Forex

Pound Strengthens as Trump Tax Plans Disappoint

Sterling GBP/USD 1 Week Chart The Pound (GBP) pushed higher against the majority of its peers this morning as investors flocked to Sterling after the disappointing release of Donald Trump’s long awaited tax reforms. Meanwhile the Pound continued to be strengthened by the upcoming general election as markets predict that a larger majority for the... View article >
Posted on 27 April 2017 | 9:46 am GMT
Author: TorFX

Euro goes from market dog to darling in a week

What a difference a week can make! The nagging doubts starting late March when the Euro was seen as the riskiest currency on the planet until after Sunday’s French election, now the Euro is suddenly everyone’s favorite and perhaps people are starting to consider how much more they will need to budget to send their... View article >
Currency:
Posted on 27 April 2017 | 8:00 am GMT
Author: David Brown

Gradual Appreciation of Taiwan Dollar Likely, Says Research Group, and Stormy Waters Possibly Ahead for Emerging Market Currencies

The team at BMI Research – part of the Fitch group of companies – are maintaining their “slightly bullish” short-term view on the Taiwan dollar, mainly on technical grounds. Over a longer-term, analysts at the firm are also positive on the Taiwanese currency, believing in a “gradual appreciation”, based upon a solid fiscal outlook in... View article >
Currency:
Posted on 27 April 2017 | 3:46 am GMT
Author: Joel Wright
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