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  3. Paying Foreign School Fees

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

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

Euro Surges on Macron result

The Euro has surged in early Asian trading to five-month highs against the U.S. dollar as centrist Emmanuel Macron emerged winning the first round presidential election result. The National Front’s Marine Le Pen was predicted to also reach the second round of voting. EUR/USD 1 Week Chart The result was seen as positive for the... View article >
Posted on 24 April 2017 | 12:31 am GMT
Author: BER Research
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