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Student forex and education remittance in Bengaluru

Got your admission abroad? Pay university fees, load a student forex card and send monthly living expenses from our T Dasarahalli office near Peenya. Transfers are arranged by our RBI-authorised forex partner, Richmen Forex Pvt Ltd, with the exchange rate, charges and any TCS shown before you pay.

  • RBI-authorised partner: Richmen Forex Pvt Ltd
  • Rate and charges in writing before you pay
  • Official receipt every time
  • Open daily, 10 AM to 9:30 PM
Student forex card and education remittance for studying abroad, Bengaluru

Everything a student going abroad needs

For students from Bengaluru heading to the USA, UK, Canada, Australia, Germany and more.

Pay university fees abroad

Education remittance (wire transfer) straight to the university, with the rate and charges shown upfront.

Student forex card

A card loaded in USD, GBP, CAD, AUD or EUR for rent and living costs. Parents can reload it from India.

Currency for arrival

Some cash in the local currency for your first days, within RBI limits.

Living expenses and rent

Monthly maintenance remittances to the student's overseas bank account.

Education remittance in 4 steps

Send the invoice

WhatsApp us the fee invoice and the university's bank details.

Get the quote

Exchange rate, bank charges and any TCS, all in writing.

Sign Form A2

Bring your PAN and documents. We help you fill in Form A2.

Money sent

Transfer through authorised channels, with confirmation for the university.

Short of funds for studies?

If the fees are due before your education loan is released, a gold loan or personal loan from an RBI-regulated lender can bridge the gap. We can help you compare options.

Safe and fully legal

All foreign exchange is issued by our RBI-authorised forex partner, Richmen Forex Pvt Ltd, under FEMA rules. Cash in Minutes is their referral and service point and does not hold its own forex licence. We do not offer forex trading, investment schemes or "double your money" offers. We will never ask for your OTP, card PIN or net-banking password.

Frequently asked questions

Still unsure? Ask us on WhatsApp.

How do I send money abroad for university fees from Bengaluru?

Share the university's fee invoice and bank details with us. The transfer goes through RBI-authorised banking channels arranged by our forex partner, Richmen Forex Pvt Ltd. You sign Form A2 and get confirmation once the money is sent.

What documents are needed for an education remittance?

Student's passport, admission or offer letter, the university's fee invoice, the remitter's PAN card, and Form A2. If the fees are funded by an education loan, bring the loan sanction letter too.

Is there TCS on sending money abroad for education?

TCS (tax collected at source) can apply to overseas remittances above a yearly threshold under the Income Tax rules, and education funded by an education loan is treated more favourably. We'll show any TCS in your quote before you pay, and it can be claimed back in your income tax return.

What is a student forex card?

A prepaid card loaded in foreign currency for living expenses abroad. It's safer than carrying cash, works at ATMs and shops, and parents can reload it from India.

How much money can a student take abroad?

Under RBI's Liberalised Remittance Scheme, each resident can send up to USD 250,000 a year. Universities may ask for higher amounts to be split across family members' LRS limits.

Which countries do you cover?

Most popular study destinations, including the USA, UK, Canada, Australia, Germany, Ireland, New Zealand, Singapore and the UAE.

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Forex near you in North-West Bengaluru

Our office is in T Dasarahalli, close to Peenya, Jalahalli and Tumkur Road, and easy to reach from 8th Mile, Nagasandra and the Peenya metro stations. Message us first on WhatsApp and we'll have your rate ready when you arrive.

  • T Dasarahalli
  • Peenya
  • Peenya Industrial Area
  • 8th Mile
  • Nagasandra
  • Jalahalli
  • Jalahalli Cross
  • Abbigere
  • Bagalagunte
  • Chikkabanavara
  • Shettihalli
  • Hesaraghatta Road
  • Vidyaranyapura
  • Mathikere
  • Yeshwanthpur
  • Rajajinagar
  • Nelamangala Road
  • Tumkur Road

Visit our forex desk

Walk in, no appointment needed. ನಾವು ಕನ್ನಡ, English ಮತ್ತು हिंदी ಮಾತನಾಡುತ್ತೇವೆ.

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Cash in Minutes

1st Floor, No. 579, 4th Cross, 1st Main Road,
Near Jain Temple, T Dasarahalli, Bengaluru 560057

Call or WhatsApp: 91106 69688

Email: blr.cashinminutes@gmail.com

Open every day, 10 AM to 9:30 PM

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