Wanna pay tuition fees abroad from India? Looking for the apt ways for fee payments abroad? Then, stop your search, here is everything you need to know about fee payments from India in a nutshell.
You can find ‘n’ number of options and dealers around you once you decide to remit money for your tuition fees abroad. However, connecting with the right source for your money transfer requirements and choosing the right mode of fund transfer is necessary to avoid hassles and troubles in the future. Here you can check out the best ways to pay your tuition fees abroad from India.
The perfect modes to pay your fees abroad from India
There are many ways to pay your pending tuition fees abroad. Among many, the main two methods are as below;
- Foreign Currency Demand Draft (FCDD)
- Wire Transfer/ Telegraphic Transfer (TT)
Let’s check them in detail…
Foreign Currency Demand Draft (FCDD)
- It is the most reliable instrument to transfer money to any part of the globe and to pay your fees abroad from India.
- Available in all the highly demanded currencies
- Validity lasts up to 3 months
- Primarily used for Education, Employment purposes, Immigration, Visa fees, etc.
- Payments can be done via Foreign Currency Demand Draft in foreign banks and can get it cleared easily
Wire Transfer/ Telegraphic Transfer (TT)
- Wire transfer from India is one of the highly suggested mode of international money remittance and it is one of the best way to pay your tuition fees abroad from India
- It is an electric method to transfer money to overseas countries from India as per Reserve Bank of India guidelines
- It has a definite speed and safety in outward fund transfers
- It is trouble-free and highly protected method of money transfer
- Almost valued for every personal transaction under this method
- You can pay tuition fees abroad from India directly using this method
These two mediums of overseas remittances are the finest options for your tuition fee payments from India. Now get ready to remit money safely and securely from India and make your fee payments on time…
