Student Forex & Remittance Assistance

Under RBI's LRS, you can remit up to USD 2,50,000 per financial year for education purposes. Most university fee payments are well within this limit. Multiple remittances throughout the year are counted cumulatively toward this limit.

Once the authorised partner institution approves the request, most education remittances reach the destination university within a few business days. Processing time and confirmation, including any SWIFT reference, are provided by that institution — we follow up on your behalf and pass it on.

Rates and charges vary between institutions and move through the day. We can provide an indicative comparison based on the prevailing partner rate and the charges applicable at the time of your enquiry, so you can see the difference on your own amount rather than a worked example.

Yes. Parents can send remittances on behalf of their children studying abroad under the LRS scheme. An affidavit of relationship may be required for certain universities. Our team will guide you on the exact documentation needed.

Yes. Many families remit each semester for two to four years. We record the transactions facilitated through us and help you understand your declared LRS utilisation — but the ₹10 lakh threshold is a combined limit per PAN across every authorised dealer, so you remain responsible for disclosing remittances made elsewhere. We assist with documentation and regulatory checks; final acceptance and compliance approval are determined by the authorised processing institution. Returning customers benefit from faster document coordination and access to their previous transaction details, subject to updated KYC.