Travel Money, the foreign exchange brand of FCM Travel Solutions, is introducing their affordable student remittance service for Indian students going abroad for higher education. Student wanting to go overseas can remit money via Travel Money’s Student Remittance service and receive more affordable rates than the ones offered anywhere else. Travel Money has witnessed an almost 41 per cent growth in their educational remittance business in the last year and are committed towards advancing this segment further with their remittance scheme.
“We have seen a surge in the Student Remittance business in the last 3-4 years. Growing at a healthy rate, the business is expected to continue to flourish. The primary drivers for this have been better employment opportunities, rise in income levels, easy access to educational loans as well as proactive push from foreign countries to attract Indian students. Our student remittance program focuses on helping parents and students transfer funds smoothly and at reasonable rates. To further enrich the service offering for our customers we are actively looking to tie up with major institutes not only in India but also overseas,” Gagan Malhotra, Brand Leader, Travel Money, Foreign Exchange Brand of FCM Travel Solutions, said.
Funds can be transferred via demand draft, wire transfer or online transfer via Travel Money’s websit – travelmoney.in. This service can be availed for 14 different currencies around the world. Transaction processing time at Travel Money is also about 24-hours.
