The student remittance season is once again upon us. Remittances are usually high value transactions where a small differential in exchange rates can make a big overall difference. A student remittance to USA or Canada for instance has an average ticket size of USD 15000 or more, executed twice a year. For instance, the average international student studying in US or Canada transfers approximately USD 30,000 in a year. Given that BookMyForex remittance rates can be as much as 2 rupees better than the rates offered by several banks, you could potentially save as much as Rs. 60,000 per year by using BookMyForex!
With BookMyForex, you’re in good hands. Thanks to the large number of remittance orders that we process combined with the multiple banking partners that we deal with, we have access to extremely preferential exchange rates, which we pass on to you. We’re so confident about providing the best value to our customers that we guarantee to beat any competing exchange rate quote from any of our competitors.
Using our site you can transparently view live remittance rates, lock in exchange rates in real time and even get notified when the rate you want is available. Our simplified processes make sending money abroad a breeze while guaranteeing swift delivery of funds to the overseas account within 24 hours after the remittance is processed. Forget about haggling with bank staff and spending an entire day sitting in a bank branch.
Providing the best deal on international remittances is just one of the ways we help students. We also help you beat the insanely high medical insurance premiums that most universities charge. BookMyForex now offers 180 days international cashless travel and health insurance starting at just USD 9 for all countries except US and Canada and USD 18 for USA and Canada for full one month. For full six months period, the premiums are as low as USD 35 and USD 73 respectively. Compared with the USD 450+ insurance premiums that most universities charge per semester, our travel insurance deals are a steal.
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A little local knowledge can be quite handy during international travel
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