Supported Study Abroad Currencies
Lock in live wholesale interbank rates across major destination currencies for cards and bank wires.
Student Foreign Exchange Solutions
University Tuition Remittances
Direct wire transfers via SWIFT, Flywire, Convera, and CIBC with official bank A2 remittance advice issued within 24 hours.
Multi-Currency Student Travel Cards
Prepaid cards loaded in multiple currencies with live mobile app balance reload and zero point-of-sale conversion fees.
German Blocked Account / Canada GIC
Seamless outward transfer to Expatrio, Coracle, Fintiba, CIBC, or Scotiabank for mandatory visa compliance.
Foreign Currency Cash Packs
Genuine physical currency notes in clean denominations for immediate transit, taxi fares, and emergency arrival needs.
Outward Remittance in 4 Easy Steps
01. Rate Quotation & Booking
Compare live exchange rates for USD, GBP, EUR, CAD, or AUD and lock in your rate online with our financial desk.
02. Documentation & A2 Form Clearance
Submit PAN card copies, student passport scan, university offer letter/invoice, and the signed RBI Form A2 declaration.
03. Wire Transfer Execution
Funds are wired directly to the international university or GIC portal via authorized banking channels.
04. Official A2 Receipt Handover
Receive your formal bank A2 remittance receipt and SWIFT UETR tracking code for university confirmation and visa records.
Integrated With Global Payment Gateways
Broadway International provides assisted payments for all major international education platforms:
Frequently Asked Questions About Student Forex
How can I pay my foreign university tuition fee from India?
You can pay directly via telegraphic wire transfer (SWIFT) or authorized education payment portals (Flywire, Convera, CIBC, Western Union) through our RBI-authorized forex desk at wholesale interbank exchange rates.
What is a Multi-Currency Student Forex Card?
It is a prepaid chip-and-pin card loaded in foreign currencies (USD, GBP, EUR, CAD, AUD) that locks in exchange rates upfront and incurs zero cross-currency markup on point-of-sale swipes and ATM withdrawals abroad.
What documents are required for international student outward remittance?
Required documents include Student & Remitter PAN cards, Student Passport scan, University Offer/Fee Invoice, and a completed RBI Form A2 declaration.
What is the TCS (Tax Collected at Source) rate on student remittances?
If the remittance is funded via a sanctioned education loan, the TCS rate is only 0.5% for amounts exceeding ₹7 Lakhs; for self-funded remittances, standard RBI LRS TCS rules apply.
