Quick Chat
Call Us
18002099100
Table of contents
Breaking Down International Money Transfer
Yes, the world of forex can be complex.
But with the right tools, resources and guidance, you can navigate your needs efficiently and error-free.
Just ask Thomas Cook, affectionately known as Fantastic Forex Friend. Here are some of the most frequently asked questions, when it comes to International Student Forex.
1. How do you send money abroad to students?
Thomas Cook simplifies the international money transfer process. All you have to do is log onto the website, click on the Forex tab, followed by the Remittance tab, and then the international money transfer tab. After 4 easy steps, your transaction is complete. Additionally, you may head to the nearest Thomas Cook branch with your documents and ID for personal assistance.
2. What documents are needed to send money abroad to students?
You will need the following documents to send money abroad:
- Self-declaration form regarding the relationship between the remitter and beneficiary
- Government issued ID Card
- PAN Card copy for amounts exceeding USD 25,000
3. How long does it take for the money to reach a student?
Generally speaking, a cash pickup will arrive almost instantly, whereas a bank account transfer may take up to 3 hours. For a more accurate description, please reach out to a Thomas Cook forex executive.
4. How can the student collect the amount?
When you send the money abroad, a unique reference code will be shared with you. The beneficiary will have to provide proper ID proof, along with the given reference code, to successfully collect the amount. Alternatively, the beneficiary can access the amount instantaneously from his online bank account.
5. Is it safe to send overseas tuition fees through Thomas Cook?
Thomas Cook is one of the most trusted and reliable names in the travel industry. With a wealth of experience and knowledge, a stellar reputation, and compliance with all Reserve Bank of India (RBI) norms, it becomes one of the safest options for international students.
6. Are there any fees levied on the transaction?
Yes, there is a foreign bank charge, along with an applicable GST. However, with the best currency exchange rates available, you will get to save money as compared to when going via authorised dealers.
7. What is the maximum you can transfer via Thomas Cook for studying overseas?
For international students receiving money from India, there are a set number of guidelines. The living expenses of students studying abroad are covered under the Liberalised Remittance Scheme (LRS) and the limit is USD 250,000 per annum.
8. How is Thomas Cook more cost-effective for international money transfers, as compared to other platforms?
With our forex experts guiding you every step of the way, nothing can go amiss. Whether you choose to go to your nearest branch or facilitate the transaction online, we simplify the entire process. Thomas Cook’s international money transfer service is convenient, contactless, cost-effective and quick.
Now that you’ve gone through the Outward Remittance FAQ and Student Forex FAQ, trust your Fantastic Forex Friend to help make all your educational dreams come true!
Table of contents
Our Forex Offerings
Alps Mountains: Most Iconic Peaks in Europe You Must Visit
Korean Food Culture: A Guide to the Most Iconic Korean Dishes
Philippines tourist spots – Top 10 Must-Visit Destinations
Recommended Articles for you
Top Honeymoon Destinations for Summer (2026)
0 0 Summer is not the ideal time for travel in India, given the warm weather conditions. However, if you are newly married and need to go on your honeymoon, you will need a nice destination. Thankfully, there are some […]
Hill stations in North India to visit in Summer 2026
0 0 The best hill stations in India to visit in summer 2026 include North Indian favourites like Manali, Shimla, Nainital, and Kashmir, along with South Indian escapes such as Munnar, Ooty, Coorg, and Kodaikanal. Together, these destinations offer cool […]
1 USD to INR from 1947 to 2026
18 3 Today, if we convert 1 USD to INR the Indian currency’s value is lower than USD. INR’s value ranges around 83.57 to 1 USD. Many travellers travelling abroad exchange INR to USD and then later get it converted […]
Alps Mountains: Most Iconic Peaks in Europe You Must Visit
0 0 There are landscapes you visit and landscapes that you will never forget. The Alps mountains are unquestionably in the second group. This stunning region, which stretches across Europe like a natural spine, is more than just a travel […]
Korean Food Culture: A Guide to the Most Iconic Korean Dishes
0 0 South Korea’s food scene is something you don’t just eat, you experience. Rooted in centuries-old farming traditions, Korean food culture is built around balance, colour, and seasonality. A typical meal, called a bapsang, brings together rice, soup, and […]
Everything You Need to Know About Golden Week Japan Before You Travel
0 0 If you are planning a trip to Japan, timing can define your entire experience, and nothing proves this more than Golden Week Japan 2026. Scheduled from April 29 to May 6, 2026, this period brings the country to […]
The Ultimate Guide to Phu Quoc Tourist Attractions and Stunning White Sand Beaches
0 0 Phu Quoc attractions, which are tucked away in the Gulf of Thailand, unfold like a well-kept secret where unadulterated luxury blends with raw nature. This Vietnamese island is more than simply palm-lined beaches; it is a dynamic environment […]
Philippines tourist spots – Top 10 Must-Visit Destinations
0 0 If you’re looking for more than just a beach vacation, the Philippines is the place to go. With more than 7,600 islands, it provides a variety of picture-perfect beaches, striking scenery, and an immediately hospitable culture. The variety […]
Netherlands tulip fields – A Complete Guide for the Best Views During Tulip Season
0 0 There are places you visit, and then there are places that stay etched in your senses forever. The Netherlands tulip fields belong firmly in the latter. Every spring, this small European nation transforms into a living canvas, where […]
Top Manila Attractions That Blend Heritage Streets with Relaxed Beach Vibes
0 0 Manila is one of those places that initially seems crowded, but as you calm down, things begin to make sense. It combines history, culture, and daily life in a way that feels authentic rather than contrived, earning it […]
Visiting Edinburgh Castle: Everything You Need to Know
0 0 There are cities you visit, and then there are cities that unfold themselves to you slowly. Edinburgh belongs firmly to the latter. Constructed amidst historic volcanic ridges and medieval alleyways, the city seems to be a living story […]
Explore the Safest Countries in the World for Stress Free Travel
0 0 In 2026, travelling is about feeling safe, appreciated, and truly at peace wherever you go, not merely crossing places off a list. Safety is becoming the most crucial consideration when making travel decisions as the world’s travel industry […]
Inside Pattaya Museum Art in Paradise and Its Most Creative Attractions
0 0 If you think museums are places to “look but don’t touch,” you will think again after visiting Art in Paradise Pattaya. This isn’t like going to a normal museum—you can step inside the art, become a part of […]
Jodhpur Things to Do that You Cannot Miss! – A Complete Itinerary of Things to do in Jodhpur
0 0 Historically, the capital of the Kingdom of Marwar, the blue city is highly spoken off on the internet. The Jodhpur tourist places photos populate every traveller’s gram and travelogues. However, for the ones who have not visited this […]
10 Places To Visit In Rajasthan For A Surreal Experience
0 0 A colourful melange of opulence and royalty best exemplifies Rajasthan tourism with its grand forts, desert safaris, fairytale palaces, and vibrant festivals all around. Delicious food, camels and hot-air balloon rides, captivating folk dances, exquisite handicrafts, wildlife expeditions, […]
Lowest Currencies in the World with Exchange Rates in INR
5 0 As you plan your travels or delve into the economics of different countries, understanding currency values becomes crucial. The phrase ‘currencies with the lowest exchange rates in the world’ often piques curiosity, both for economic insights and the […]
Enjoy exotic camel safari in Rajasthan
0 0 Get prepared for the great desert trips with the exotic Camel Safari in Rajasthan and have an unparallel experience. Deserts have an alluring charm of their own that attracts millions of tourists across the globe every year. Camel […]
North East – The land of undulating scenic beauty
0 0 A serene land tucked up in the lap of mighty Himalayas, the North East regions in India is bestowed with picturesque locale and inexorable culture. The vast stretch of land located on the foothills of Himalayas, is […]
13 Most Beautiful Travel Destinations in North East India to Visit
0 0 This is the time to give wings to your fascination for wildlife. All you require is to just step into the land of North East India one that inspires the all the wildlife freaks across the world. So, […]