🎓 Educatio Education Remittance

About Education Remittance

Overview

Studying abroad is a dream for many, but it comes with financial challenges like tuition fees, accommodation, and daily expenses. KRK FORX GLOBAL LLP makes it easy with Education Remittance Services, ensuring safe, compliant, and on-time transfers for students.

Why Choose Our Education Remittance?

Direct tuition fee transfer to universities abroad

Monthly or lump-sum living expense remittances

GIC (Canada) & Blocked Account (Germany) transfers supported

Prepaid forex cards & demand drafts for students

Transparent, RBI-compliant transactions with no hidden charges

Required Documents

Admission/offer letter from the university

Fee invoice/payment request

Student passport & visa

PAN card of the remitter

KYC documents

Benefits

Fast transfers with no delays in fee payments

Compliance with LRS (Liberalized Remittance Scheme)

Best forex rates for high-value education transfers

Dedicated assistance for students and parents

Education Remittance FAQs

Q1. How much money can be remitted for education abroad?
Up to USD 250,000 per financial year under RBI’s LRS.

Q2. Can parents pay tuition fees directly?
Yes, payments can be made directly to universities/colleges.

Q3. What is GIC and how does KRK FORX help?
GIC (Guaranteed Investment Certificate) is required for Canada. We help transfer money securely to Canadian banks.

Q4. Can remittances include living expenses?
Yes, expenses for housing, food, and travel can be included.

Q5. What happens if a student visa is rejected?
Refunds can be requested from the institution, and the money can be repatriated back as per RBI rules.

Q6. Are there hidden charges?
No. Our services are fully transparent and cost-effective.