Forex Solutions

A large proportion of your savings towards studying abroad would go towards foreign currency conversion. Hence, we assist you to buy forex in a manner which is safe, rewarding and convenient altogether provides you a one-stop solution for all the requirements.

We at ICICI Bank, have aligned ourselves to your needs at each stage of the journey. The wide range of financial services that we offer coupled with our expertise would make the road of going abroad for higher education easy and hassle-free.

Pre-admission stage: Entrance test fees and application form filling

At this stage, your primary concern would be to ensure that the payment for entrance tests and application fees for universities is remitted securely and on time.

For this, you buy forex through the ICICI Bank Travel Card and Foreign Demand Drafts. Upon successful completion of the transaction, you would also receive a confirmation from our end.

Click here to view the University Locator for the Universities accepting ICICI Bank Travel Card

Admission stage: Course fee payment

We at ICICI Bank understand that once you decide upon the University, your concern shall revolve around the timely payment of fees.

Use the ICICI Bank Travel Card and our Outward Remittance solutions, to ensure prompt fund transfers with the surety of remittance.

Post-admission stage: Travel and maintenance expenses

You can buy Forex through the ICICI Bank Travel Card as a preferred mode to take care of all the maintenance expenses. Parents would also be able to load the card and track the amounts spent through SMS Alerts and periodic communication.

You can also avail our Outward Remittance solutions to remit funds to the student’s overseas bank account.

Foreign Currency (Notes) would enable you to take care of all your petty expenses at the time of travel and thereafter.

In addition to the above mentioned forex solutions, you can also avail the Globetrotter Overseas Individual Student Insurance Policy by ICICI Lombard to safeguard yourself against the risks of loss of baggage en route and to fulfil the mandate specified by most Universities for Medical Insurance.