When students move abroad for education or enroll in international online programs, parents play a key role in managing financial responsibilities. Tuition fees, hostel charges, exam payments, and monthly living expenses require timely and secure international transfers.
To ensure that money reaches safely and legally, using an RBI-authorized forex dealer like Orient Exchange is the most reliable option.
Who are an Authorized Forex Dealers in India?
An authorized dealer is a financial institution licensed by the Reserve Bank of India (RBI) to conduct foreign currency exchange and international remittance transactions. These dealers operate under strict regulatory guidelines to ensure compliance and legitimacy of every transfer made under the Liberalised Remittance Scheme (LRS).
Benefits of Choosing Authorized Dealers for Student Remittance
- Legally Compliant Transactions
Authorized dealers follow RBI norms and ensure complete documentation. Parents do not need to worry about legal issues, as every transfer is fully compliant.
- Better Exchange Rates and Lower Fees
Compared to commercial banks, authorized forex specialists often provide:
- More competitive exchange rates
- Lower transfer charges
This helps parents save significantly throughout the course duration.
- Faster Processing for Urgent Needs
Student expenses may arise unexpectedly. Authorized dealers offer fast processing so funds reach universities or the student’s account without delay.
- Complete Transparency
All charges, exchange rates, and required documents are explained upfront. There are no hidden deductions or surprise fees later.
- Global University Payment Support
Authorized dealers are experienced in handling payments to overseas universities and institutions across major international education destinations such as the USA, UK, Canada, Australia, and Europe.
Payments can be made for:
- Tuition and admission fees
- GIC deposits (Canada)/Blocked Account Payment(Germany)
- College accommodation fees
- Exam fee transfers (IELTS, TOEFL, PTE)
- Living and personal expenses
Guidance from Forex Experts
Understanding forms, paperwork, and compliance procedures can be confusing for parents. Authorized dealers guide them step-by-step with documentation, including A2 forms and university fee requirements, making the process quick and stress-free.
Secure and Fraud-Proof Money Transfers
Online scams and unauthorized channels can put money at risk. Authorized dealers ensure secure transfers with complete traceability and approvals, safeguarding parents from fraudulent activities.
Why Orient Exchange is a Trusted Choice
| Feature | Benefit for Parents |
| RBI Authorized | Fully secure and legal transfers |
| Competitive Forex Rates | Higher value on every remittance |
| Specialised in Student Remittance | University fee payments handled efficiently |
| Quick Turnaround | Funds reach faster |
| Strong Branch Network and Online Support | Easy accessibility for parents anywhere |
With years of experience in student forex services, Orient Exchange has become a trusted partner for thousands of Indian families.
Conclusion
Studying abroad is a major investment in a child’s future, and every payment must be handled with care. By choosing authorized dealers like Orient Exchange, parents ensure safe, compliant, and cost-effective financial support for their children overseas.
For smooth and reliable student remittances, Orient Exchange is a dependable partner that prioritizes security, affordability, and speed.