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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 Research & Guides

How can I always get the best possible foreign currency exchange rate?

Most importantly don't rely on your bank! Currency rates are always moving against each other so you need to constantly check the latest exchange rates and compare the best offers available from FX providers. When you use BestExchangeRates you can see clearly which currency vendor is offering the best deal for your International Money Transfers & Travel Money/Cards and who is taking the smallest margin and fees to give you... Read More >

Order Travel Money Online for the Best Exchange Rates

If you end up buying your travel money on departure day without pre-ordering online you are wasting money. Make it part of your pre-departure preparations to Order your Travel Money Online and you will extend your travel budget by ... Read More >

What makes sending money internationally so expensive?

There are a number of cost components to making and receiving international payments, most of which are far from transparent to customers: Currency fees Currency conversion rates : Banks charge huge margins for currency conversion to the majority of businesses and individuals. They tend to fix rates once a day and therefore need to incorporate... Read More >

Managing Business FX Transactions and Risk

Brokers are able to offer international money transfer services which many banks don’t provide, like forward contracts and order types. The way you chose to manage your transfer may depend on how much you’re moving and where you’re sending the money to, but a currency broker will be able to assess your situation and ensure you come up with the best solution. Read More >

A Guide to Buying Overseas Property

Foreign transfers related to overseas property purchases are typically for larger amounts at a fixed settlement date in the future. So you should consider using one of our BER partners specialising in foreign payments who can advise you on Forward Exchange Contracts that allow you to lock in a rate for some or all of your transfer. Read More >

Save Money with Regular Overseas payments

By setting up a regular overseas payment with one of our BER partners, you don't have to worry about your transactions every month. Simply set up a transfer plan that suits your needs and leave the rest to the provider. That way you know regardless of exchange rate movements you'll be getting the best possible deal each month. Read More >

Market Updates 

Australian Dollar – Tue Mar 28: AUD Up vs JPY and Down vs GBP, EUR, NZD, CNY & SGD.

The Australian Dollar is today even against the United States Dollar, down -0.35% against the British Pound Sterling, down -0.17% against the Euro, down -0.16% against the New Zealand Dollar, down -0.16% against the Chinese Yuan, up 0.25% against the Japanese Yen and down -0.13% against the Singapore Dollar. AUD Daily Rate Alerts Read on... View article >
Posted on 28 March 2017 | 12:05 am GMT
Author: BER Research

US Dollar Sinks on Trump Bill Failure

The US dollar is sucking wind, to put it technically, and is down across the G10 spectrum. President Trump’s Healthcare bill never even made it to a vote because he couldn’t garner enough Republican Party support. Traders, always quick to jump to conclusions, concluded that this failure jeopardizes his tax cut and infrastructure spending plans... View article >
Posted on 27 March 2017 | 4:51 pm GMT
Author: Agility Forex

United States Dollar – Mon Mar 27: USD Up vs AUD & MXN and Down vs EUR, GBP, JPY, INR & PHP.

The United States Dollar starts the week down -0.87% against the Euro, even against the Canadian Dollar, even against the Australian Dollar, down -1.02% against the British Pound Sterling, up 0.31% against the Mexican Peso, down -0.95% against the Japanese Yen, down -0.58% against the Indian Rupee and down -0.32% against the Philippine Peso. USD... View article >
Posted on 27 March 2017 | 2:35 pm GMT
Author: BER Research

Canadian Dollar – Mon Mar 27: CAD Up vs USD, MXN & AUD and Down vs EUR, INR, GBP & PHP.

The Canadian Dollar starts the week up 0.24% against the United States Dollar, down -0.61% against the Euro, up 0.57% against the Mexican Peso, down -0.33% against the Indian Rupee, up 0.07% against the Australian Dollar, down -0.77% against the British Pound Sterling and down -0.08% against the Philippine Peso. CAD Daily Rate Alerts Read... View article >
Posted on 27 March 2017 | 1:02 pm GMT
Author: BER Research
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