Pay Overseas Tuition Fees - Foreign Exchange Services Compared

Paying overseas tuition fees can often be a very costly exercise for parents and students. The topic on most parent's minds in the process are:

• 'How much will my son's overseas education cost me?'
• 'How do I send the money overseas to get the most competitive exchange rate?'
• 'I have heard about using a foreign currency specialist - can they help me over using my bank?'

With the unavoidable burden of paying heavy overseas tuition fees it is so important not to discard cost savings possible when making international payments to the relevant educational institution. It certainly pays to find the best deal as foreign currency specialists can save between 1-5% of the value your international transfer. Whether you are sending money overseas to pay for overseas tuition fees in the UK, USA, Middle East, Australia or Europe — MyCurrencyTransfer.com can help substantially reduce the cost by finding you the best exchange rates and lowest fees, tailored specifically to your individual foreign exchange requirements. The costs in paying overseas tuition fees can slowly start to stack up though uncompetitive bank fees (high street banks will charge between £10-30 per transfer!) and poor exchange rates. With the help of a dedicated foreign currency specialist, the costs involved in transferring money internationally to pay for your children's overseas education can be drastically reduced.

By working with a dedicated account manager, he or she will get to understand your specific foreign exchange requirements (e.g. when instalments need to be paid to overseas institution, timings of transfer, method of transfer etc).