Tag: international student
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All You Need to Know About Student Financial Responsibility Agreement (SFRA)
The Student Financial Responsibility Agreement (SFRA) is like a guidebook that outlines financial obligations when students sign up for classes at college or university. It underlines how much students need to pay, how they should pay, and what consequences they would face upon failure to make the payments. Think of it as a heads-up from…
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The Impact of Exchange Rates on Your International Transactions
The role of international trade in the Indian economy has grown over the last few years. Whether you are an entrepreneur willing to develop your business beyond national borders or a person who wants to transfer money to your relatives living abroad, understanding exchange rates becomes a vital element. A small change in exchange rates…
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The Role of Neo-Banking in Facilitating Global Education
Neo-banks are making banking easy for students abroad. The last few years have witnessed a surge in the number of students who have opted for online banking, because managing finances via mobile or web platforms has become more convenient for them. Key figures say that the industry can achieve growth rates of 24.6% annually and…
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Navigating Cross-Border Payments: A Beginner’s Guide
Cross-border transactions play an important role in economic growth. Whether you are collaborating with overseas companies or a business owner looking to broaden your reach in foreign markets, having expertise in international payments is crucial. Novices venturing into transactions typically require elementary proficiency in currency exchange principles and an understanding of global regulatory frameworks. Such…
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5 Reasons To Use HOP Remit App For Sending Money Abroad
Can you imagine your grandparents yelling at a stupid fax machine, trying to figure out some cryptic banking form to send a few lousy bucks to your friend overseas? That was truly an unappealing age of financial transactions. Today, we have wire transfers, bank transfers, and money transfer apps that have changed the game completely.…
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The Future of Digital Remittance: Trends to Watch
The world has become borderless by opening its doors to millions of migrant workers. These migrant workers have changed the economic landscape of the countries by remitting money to their loved ones across borders. According to World Bank reports, the total of remittances in 2022 is expected to be approximately USD 774 billion. Moreover, projections…
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Pilot Training In Canada For International Students
Overview Canada presents one of the best spots for international students pursuing aviation as a career. It has excellent universities, airlines, and an amicable environment. The demand for qualified pilots has risen three times higher over the years, and the aviation schools of Canada attract highly motivated people from all over the world not only…
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How To Choose The Right Financial Partner For Your Overseas Education
You may be keen to discover what life is like while studying abroad and become impressed with an unknown culture. It can be a very transformative and life-changing process for some students. However, this is not to overshadow the fact that this life comes with its challenges too, especially monetary struggles. Finding the right financial…
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3 Tips to Minimize International Travel Tax in India
Are you planning an international trip with your family? Then, you should check out the new tax regime upon TCS (Tax Collected at Source) on international travel that came into effect on October 1, 2023. If you purchase international travel packages totaling above INR 7 lakh per fiscal year, either through offline or online booking,…