By Rajneesh Bansal, Managing Director – Paul Merchants Ltd
Holding up that foreign degree at a renowned university in a foreign land is a splendor dream of many. Students and their parents put in so much effort and hardships to make this accessible. Right from planning to execution, the struggle is real. But, once they touch down on the lands of their aspirations, everything seems validated.
Students once, leave their abode on their own. Managing their financial expenses is generally one of the major challenges they face. Sometimes in the foreland, they need extra help while trying to pay the university tuition fees or facing any undue medical or non-medical emergencies, that is when they seek guidance and financial aid from their peers back home.
How to aid your child overseas?
This question will haunt you more when you urgently need to support your child. But then how to do it? Outward remittance is your helpmeet and an answer to your daunting query. Transferring funds in a foreign currency to the beneficiary residing overseas is termed an outward remittance.
Outward remittance will help you support your child in the need of utmost urgencies like covering the educational costs, tuition expenses of the universities, and their other basic personal needs. Sending money to your loved ones in a single click and in a very quick way can be done with the help of reputed and trusted agents in India.
It is the safest and most secure way to provide a student in a foreign land with easy monterey aid in the fastest possible way.
REQUIREMENTS
Confusion leads to delays, if you are well aware of the needed documentation the procedure will become simply smooth. There are some very basal and simple steps that need to be followed while doing international remittance. By just providing the authorized dealer with these super nominal details, the money can be easily dispersed to the foreign country. The requirements are as follows:
- Full Name
- PAN Details
- Bank Swift Code
- Amount to Remit
- Bank Details of the Account
- Purpose of the Remittance
- Name of the person who will be paying the remittance
The above-mentioned criteria shall be followed and the bank details shall be put very carefully, any invalid inputs can lead to the failure of the transaction.
THE BEST YOU CAN GET
“A FRIEND IN NEED IS A FRIEND INDEED” the phrase states true when you need someone to help and support your child abroad. Only an authorized dealer like Paul Merchants Limited certified by RBI (Reserve bank of India ) under the AD II category, can be a faithful serving hand in managing the financial crisis of students outside their country. Paul Merchants, always believe in giving the best and most appropriate value of your exchanged currency. Transparency is the key to achieving the unmoved trust of the customers and the company assertively believes in keeping that up as a priority.
No extra markup fees, documentation fees, or any hidden charges at any point of the transaction are ever charged.
The company understands, that the students overseas, already have so much to handle on their plate, and an extra add-on strain is just so frustrating, to take away that extra burden from the students, Paul Merchants always put their best foot forward. The company assures to give a hassle-free transaction experience to both students and their guardians. Valuing time, Paul Merchants aids in outward remittance in the most secure, safe, and fastest way. Your money in your hand in your assessed time is the aim.
Paul Merchants Limited is your forever companion in your all needs.