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Education payment transfers: USA, Australia, Canada, UK, New Zealand, Germany, France, Singapore, Europe, UAE

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30+ Major Currencies Payments

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Lowest Price Guarantee

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Round the Clock SWIFT Bank Transfers

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24x7 Support: Call, Chat, Mail

Why should you choose TransWire?

Sign up to start saving on international money transfers & currency exchange.

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RBI Authorised

Authorized Dealer Category (II) from India's Central Bank the only Regulatory Body the Reserve Bank of India.

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OTP Authentication

Two Factor Authentication, Double Layer Security.

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24*7 Support

Day & Night Round the Clock Transfers.

Get Lower Fee in Three Steps

Sign up to start saving on international money transfers & currency exchange.

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Send Money

Sending Money

How To Send Money to your child overseas for Study Abroad in A Secure Way?

As a parent, you’ve to decide the tuition fee reach securely on time to the University account ‘or’ when the student needs to pay his/her rent quickly, and is pressed for cash, he should get it on time.

  • The cost of living abroad
  • Sending money to students abroad urgently
  • The currency exchange rates
  • International University Tuition Fee Payment
  • GIC
  • Blocked Account
  • Maintenance/Living Allowance
  • Housing / Rent Payment

SIMPLIFYING INTERNATIONAL PAYMENTS VIA TRANSWIRE

Pay To International University in UK I USA I AUSTRALIA I NEW ZEALAND

Under the LRS, the upper limit of remittance is $2,50,000 per financial year.

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Ways to Send Money Abroad

International Wire Transfer / Bank Transfer

Offline Banking

  • Traditional Reliable Way Of Sending Money
  • Disadvantage
  • Banks Charges Are Fixed For Small To Large Amount & One Has To Pay A Big Fee For Sending Money
  • Documentation Can Be Exhaustive
  • Go To The Bank In Person
  • Payment Transfer Timeline 1 To 5 Working Days

Online Banking

  • Money Transfer Organization (MTO) Fintech Platform - Governed By RBI
  • Transcorp International (Authorised Dealer2 By RBI) Fintech Paltform "Transwire.In"
  • LOWER INTERNATIONAL TRANSFER FEES
  • SMALLER EXCHANGE RATE MARGINS
  • FASTER TRANSFER TIMES
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TransWire Exchange rate

TransWire Charges the Lowest Exchange Rate in comparison to the Money transfer operators and banks. If you’re sending money to your child studying abroad on a regular basis, the exchange rate margin you are charged can significantly affect how much they end up with on the other end.

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TransWire Transfer fees

The International Transfer Fees, charged by bank or money transfer operator to facilitate transfer and as with the exchange rate margin, can vary widely depending on the company you use, where TransWire is the cheapest.

Sending Money

Simplified Way to Send Money

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Free sign in registration

simply requiring your name, address and contact information; to check lowest transfer currency rate

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Select purpose of transfer & add beneficiary details
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Pay for your transfer

Download your swift copy

The Advantages

The Advantage with TransWire

Compare exchange rates of the providers, TransWire offers simplified with no surprise rates for sending money, has an intuitive user-friendly interface.

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Best Live Rates in the Market

We offers the lowest rate online with transparency in transfer & exchange rates.

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Fastest & Assured Deliveries

We are known for assured transfers.

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Online Remittance Process

Send your transfer while sitting at comfort of your home, safe & secure.

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Easy to Access

RBI Authorised Category II Dealer with years of experience, having more than 22 branches pan India, apart from offering services online.

Common Reasons for Sending Money Overseas

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Education

The high quality of education in the U.K. compared to many other regions. On average, undergraduate and graduate studies cost anything from $17,000 – $25,000 in the U.K. Living expenses range from $1,300- $1,600 per month.

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Living Expenses

Student running expenses, includes rent payment & deposits.

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Medical Care

Healthcare in the United Kingdom costly both to outsiders and even British citizens. To help with medical care for their families and relatives, Britons overseas may send a few pounds through MTOs.

Money Transfer Service

Why Send Money with a Money Transfer Service?

A payments experience people love to talk about.

1

Faster Transfer Speeds

MTOs provide the fastest transfer speeds for people sending money to the U.K. For instance, TransWire take less than a minute to complete a transaction. Bank transfers may take a day or hours depending on the country of origin and time zone differences.

2

Low Transfer Fees

Thanks for the peer-to-peer (P2P) technology, overseas transfers are not only fast, but also cost less. Sending an equivalent amount of money costs up to 50 per cent more on the inter-bank platform than on the money transfer providers platforms.

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Benefits of money transfer companies

Fees: you can enjoy competitive fee structures that are in the range of 0.25-1%. Low fees are possible because such companies have lower overheads. Competitive services offer a good deal by passing the savings onto the customer.

  • Look for a fee structure that matches your transfer size.
  • A large transfer size is best with a fixed fee.
  • The charges do not scale with the size of the transfer amount.
  • Transfer time: Bank transfers take around 2-7 business days.
  • FX rates: banks usually profit from currency conversions by adding a markup percentage. However, money transfer services offer some of the best rates because they match the mid-market rate.
  • Ease of use: specialist transfer providers provide excellent user interface designs that are clutter-free and easy to use for beginners. The modern feel of the websites and mobile app means there is a low learning curve for sending money to the United Kingdom.
Testimonial

What people are saying about transwire

A payments experience people love to talk about.

“ I have been dealing with Transcorp International Ltd for past four years. They are prompt, professional and polite in their dealings. My relationship manager, Mr Vikram, is available for support even on weekends and holidays. ”

Tarun Sharma
DANICS, Government of NCT of Delhi

“I have been using Transcorp's services to transfer funds to Europe for my Daughters education for the past 3 years. Transcorp has been a true business partner to me for this transaction supporting with extremely prompt service, .”

Neeraj Dhupar
Business Enterpreneur

“ I came to know about Transcorp International Limited ( Mr. Vikram) about the Forex services recently through of my close friend. The purpose of enquire about him was to transfer the funds London for my son’s education. ”

Dr Amitabh Yadav
Consultant Gastro-Surgeon, Sir Ganga Ram City Hospital - Delhi
FAQ

Frequently Asked Questions

A payments experience people love to talk about.

An outward remittance is transferring funds in the form of foreign exchange by an account holder in India to a beneficiary outside India, e.g., Transfer money to International University as tuition fee ‘or’ remit money as family maintenance, from your bank account to the beneficiary bank account in a different country. TransWire is AD2 Licensed from RBI for Transfer Money from India to International Banks.
Bank charge as processing fee, for low value transactions INR 500/- to 1,000/- per transaction & for high value transactions INR 1500/- to INR 2500/-, which are standard in the industry.
With TransWire - If the Transaction is done before IST 3:00 PM, it will be processed the same day, if it is done post IST 3:00 pm the delivery will be next day. Sometimes, payment methods ‘or’ routine checks can affect the transfer delivery time. We’ll always keep you updated.
1. You can Sign up for free on the online portal with a mobile verification, which is OTP based.
2. Check & book your currency price.
3. Fill your KYC & Verify your identity, the system is API integrated to give you correct Tax calculation for safe transaction.
4. Add your recipient’s bank details – the beneficiary details. This will help us to transfer to the right place / organisation.
5. Pay for your transfer with a debit or credit card, or bank transfer.
6. Download your transaction Invoice
7. Your Swift copy will be delivered to your email id.
The best & the fastest way to send money is with a fintech solution like TransWire, as they are user friendly, easy navigation & simplified to make international transfers from the comfort of your home ‘or’ on the go – it’s completely digital. You can save the extensive time it takes to complete a bank transfer by switching to a smarter system. Bank transfers take much longer than the modern mechanisms for on-the-go money transfers.
Yes, TransWire is Authorised Dealer 2 from Reserve Bank of India to Transfer Money from India to Abroad.
Yes, there are limits, under Liberalised Remittance Scheme (LRS) is a measure to facilitate Resident Individuals (including minors) to remit funds outside India up to USD 250,000
With TransWire you will get a SWIFT code, on completion of your international money transfer. This code helps ensure your money transfer arrives at the intended location.
It works on the type of transfer you are making, as there is education, travel, family maintenance, mice booking based transfers, let’s take an e.g., of education – it required 6 documents from University Admission Letter, I-20, Student PAN number, Remitter PAN Number & ID, Valid passport. And here an important point - TransWire system, is intelligently designed, it populates required set of documents when you fill your type of remittance column for you to simply upload the same, it’s a complete automated process, where you don’t have to go anywhere.

Easy to Send Money to USA, UK, Australia, New Zealand, Canada University

Sending money to the International Universities is relatively safe due to banks and providers being regulated by the Foreign Exchange Management Act (FEMA), 1999, which regulates all transactions involving foreign exchange.

How To Send Money to International University

  • Do Your Transaction with AD2 Licensed Provider
  • AD2 comes under RBI and are dedicated to Foreign Exchange & Transfer of Money, being exclusive provides promising, assured, timely transfers. TransWire being newcomer is cheapest, backed by Transcorp International, being in business since 1990s.
  • As soon as you're ready, you can start sending money online.

What’s Needed to Send Money to the Foreign University

  • A government-issued identity document. If you are sending from the United States, Canada, or Australia, a passport, social security card, or driving license could also be accepted.
  • The amount of money you would like to send and currency
  • The recipient’s name as it appears on official documents
  • The recipient’s physical address and telephone number
  • If you are sending the money to a bank account, you should provide the SWIFT code, bank name, branch name, and account number of the recipient
  • In some cases, you may be asked to provide information on the source and purpose of the funds. This requirement is one of the Financial Conduct Authority (FCA) regulations to help counter money laundering.
Study

Study UK, Australia & New Zealand

Study in UK University

The United Kingdom is one of the Best Country to Study Abroad for Indian Students, with the world’s oldest and most prestigious institutions, including Cambridge and Oxford. Indian students can choose from courses ranging from undergraduate to postgraduate degrees in fields such as management and engineering, among others. Over five lakh international students currently study in the United Kingdom, with approximately 25,000 Indians.

Top University in UK :

  • University of Oxford, UK
  • University of Cambridge, UK
  • University College London, UK
  • Imperial College London, England
  • University of Edinburgh, Scotland
  • University of Manchester, England
  • King’s College London, England
  • London School of Economics and Political Science, England
  • University of Bristol, England
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Study in Australia

After the United States and the United Kingdom, Australia is the third Best Country to Study Abroad for Indian Students, with 12000 higher educational institutions. Over 25,000 Indian students are now enrolled in educational programs in Australia, with business management, mathematics and computer sciences, social sciences, engineering, and health professions among the most popular.

Top University in Australia :

  • University of Melbourne, Australia
  • Australian National University, Australia
  • University of Queensland Brisbane, Australia
  • Monash University Melbourne, Australia
  • University of Western Australia, Australia
  • University of Adelaide, Australia
  • University of Technology, Australia
  • University of Newcastle, Australia
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Study in New Zealand

New Zealand is becoming one of the Best Country to Study Abroad for Indian Students. In terms of Indian students, New Zealand has had a 400 per cent increase in the last five years. With over 20,000 students studying in New Zealand, India is one of the country’s most important sources of international students. Business management, social sciences, math and computer sciences, engineering, and physical and life sciences are among the most popular subjects among international students.

Top University in New Zealand :

  • University of Waikato Hamilton, New Zealand
  • University of Canterbury Christchurch, New Zealand
  • Victoria University of Wellington, New Zealand
  • University of Otago Dunedin, New Zealand
  • University of Auckland, New Zealand
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