Travel Money, the foreign exchange brand of FCM Travel Solutions isintroducing 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% growth in their
educational remittance business in the last year and are committed towards
advancing this segment further with their remittance scheme.
Mr. Gagan Malhotra, Brand Leader, Travel Money, Foreign Exchange Brand
of FCM Travel Solutions, said,“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.”
As we witness more Indian students travelling abroad for education, Travel
Money’s offering comes as an advantage to parents and students that wish to
transfer money to a foreign country or currency. Often, families must plan in
advance to arrange for funds for living expenses and tuition fees for their
children even before they have shift abroad. The availability to transfer money
overseas through an online portal will be beneficial for such customers.
Funds can be transferred via demand draft, wire transfer or online
transfer via Travel Money’s website – travelmoney.in. This service can
be availed for 14 different currencies around the world. Customers will be
happy to choose Travel Money’s remittance offering due to its incredible
accessibility and flexibility options. Transaction processing time at Travel
Money is also about 24-hours. In addition to these benefits Travel Money
also offers perks like door step delivery and free ATM withdrawals.