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Paying for Overseas Tuition & School Fees

#Study #Transfers #Expat #Global
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Be smart and get the best exchange rate for regular payments

Millions of international students are studying outside their home countries which can add up to be a substantial expense.

Eliminating unnecessary foreign exchange costs is therefore a great first step to  ensuring that more of your hard-earned money is spent on you and your family rather than going to a financial institution.

Of course, the more familiar big banks will be able to provide this service but often the attached fees and exchange rates will not be competitive. You should ensure that you check out the real competitors in the international money transfer market and these are specialist FX organisations. They will more often than not be able to beat the bank rates by up to 4% and most don’t charge a fee.

Specialist currency transfer companies such as TorFX or World First, are able to provide cost efficient and smart solutions to get your money to where you want it safely and securely. These are well established, award winning organisations that will generally offer a better exchange rate than the banks.

TORFX or World First will also be able to help you to set up a regular overseas payment for tuition fees. By doing this, you will save on time and money as you take away the need to re-engage, or re-apply and you won’t have to worry about your transactions every semester.

If you require a specific amount for each payment, ask TorFX or World First about the fixed foreign currency amounts and rates with regular payments that remove the exchange rate risk.

Lastly, enjoy the money you save.

 

Further Reading

 

WorldFirst add Hong Kong Dollar and Chinese Yuan to World Accounts

WorldFirst add Hong Kong Dollar and Chinese Yuan to World Accounts

World Accounts now let your business collect funds and pay local suppliers in HKD or make payments to offshore CNY (CNH) accounts in China.

Last update: 16 May, 2019

OFX Global Currency Account – BER Review

OFX Global Currency Account – Independent BER Review OFX Global Currency Account: A Summary OFX has a 30-year history and is one of the largest foreign exchange specialists in the world. It offers a “Global Currency Account” (GCA) that allows businesses to hold, send and receive funds in 6 major currencies (GBP, EUR, USD, AUD, […]

Last update: 21 May, 2019

WorldFirst World Account – BER Review

WorldFirst World Account – Independent BER Review World Account: A Summary WorldFirst, a market leader in the international payments space, offers a multi-currency “World Account” that allows businesses to hold, send and receive funds in 8 major currencies (GBP, EUR, USD, AUD, CAD, JPY, SGD and NZD). With a World Account, businesses can invoice customers […]

Last update: 16 May, 2019

  

Posted to: Study Transfers

 
   

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