1. Same-day international transfers for overseas education payments, with funds reaching institutions in as little as six hours
2. End-to-end digital, compliant remittances supporting multiple education-related payments
3. Offers cashback benefits of up to ₹15,000 on education-related money transfers
BookMyForex, a MakeMyTrip Group entity and India’s leading online foreign exchange platform, has enabled same-day international transfers for overseas education payments, bringing greater speed and predictability to education-related remittances. This is designed to address the reality that universities across key global markets operate within tight fee timelines, leaving families limited room for delays once payment windows open.
Overseas education payments often involve multiple high-value transactions such as tuition fees, accommodation deposits, and living expenses, all within tight deadlines. BookMyForex processes these transfers end-to-end through leading banks and RBI-authorised partners, ensuring security and compliance. Education payments can be completed on the same day, with funds reaching institutions in as little as six hours, helping families avoid late payment penalties and ensuring timely payments to universities.
“International education payments are often high-value and time-sensitive, leaving families with very little margin for delay or error. Our focus has been on removing uncertainty from this process by combining predictable timelines, digital execution, and regulatory compliance. This helps parents and students meet university requirements with greater confidence during a critical phase of their education journey,” said Gagan Malhotra, Chief Operating Officer, BookMyForex.
BookMyForex is also extending cashback benefits of up to ₹15,000 on international education-related transfers. Cashback is offered on a slab-wise basis linked to the transaction amount. The benefit is applicable on transfers with an order value exceeding ₹3,00,000 and is available through both the BookMyForex app and website. The company’s Lowest Rate Guarantee ensures highly competitive exchange rates on eligible international education transfers. Detailed terms and conditions are available on the company’s website: https://www.bookmyforex.com/double-crazy-offer-money-transfer/
About BookMyForex.com
BookMyForex (MakeMyTrip Group Entity) is India’s very first tech initiative in the foreign exchange domain and the market leader in the online retail forex space. Customers can place orders on https://www.bookmyforex.com or through the BookMyForex Android/iOS app to buy forex cards, send international money transfers and buy or sell foreign cash currencies. Customers can also purchase international SIM cards or international travel insurance.
BookMyForex operates on a hybrid model where majority of forex card transactions are executed directly by BookMyForex, while orders for foreign currency notes and international money transfers are fulfilled through its network of partner banks, reputed RBI-licensed money changers, and its own branches. BookMyForex has established a growing network of its own branches to strengthen last-mile delivery and service. BookMyForex is the most visible and trusted online retail forex brand with over USD 1.5 billion exchanged on its platform. Faering Capital has been invested in BookMyForex since 2016 and MakeMyTrip has acquired a majority stake in BookMyForex.
About the Author
Amrita Pritam is the Head of PR & Marketing at BookMyForex and has over 10 years of experience spanning various industries. When free, she loves to read realistic fiction and spiritual books.
