Gilpin Travel > Our Services > Student Remittance

Empowering Students to Study Abroad with Confidence

Simplifying Overseas Education Payments with Gilpin Travel's Student Remittance

Student remittance and overseas money transfer for education expenses

Managing international payments is often one of the most complex aspects of studying abroad. At Gilpin Travel Management, our dedicated student remittance services in Mumbai simplify the process that’s built to make international education payments in India secure, compliant and transparent. From tuition fees and accommodation costs to living expenses, we ensure every transfer meets RBI and FEMA guidelines while offering competitive exchange rates and reliable timelines. Whether you are an educational consultant, a university, or a parent supporting a student’s journey, our solutions are designed to make securing overseas tuition fee transfers smoother and more accountable.

RBI Guidelines on Outward Remittance

Send Money Abroad

Outward remittance in India can be described as a transfer of money in foreign exchange by a resident in India to a beneficiary situated outside the country (except Nepal and Bhutan) for a purpose as approved under FEMA (Foreign Exchange Management Act).
We as an Authorized Dealer- Category – II, are being permitted by RBI permitted to remit money abroad for 17 purposes as listed below apart from regular money changing business. The OR transactions can be either a Telegraphic Transfer or a Demand Draft. These 17 purposes are within the overall limit under LRS scheme.
The transactions are processed only on verifying the KYC of the remitter. Our branch staff – Asst Manager – Operations or Sales / Manager Sales / Branch Manager certifies the KYC with Original Seen & Verified seal and signature.

Student remittance and overseas money transfer for education expenses

Can I Send Money Abroad from India?

One can definitely send money abroad from India following the guidelines under FEMA by RBI. The rules are broadly based on residential status of remitter and purpose. Business related transactions relating to import and export of goods and services are restricted to be handled only by Authorised Bank. With the introduction of Liberalised Remittance Scheme on February 4th ,2004, GOI has allowed general public to transfer money abroad for permitted current or capital account transactions. Presently residents of India are allowed to remit money up to USD 2.5 lakhs or equivalent per financial year.
We, GILPIN FOREX, has been granted an AD-Cat II license and has been permitted to facilitate outward remittances for specified purposes. Send money abroad through us to your loved ones at much better rates than banks.

Student Forex Remittance – RBI Approved & Fully Compliant Empowering Students to Study Abroad with Confidence

Managing overseas education payments can be complex and stressful. Gilpin Travel Management simplifies this process through student forex remittance services that are secure, transparent, and fully compliant with RBI regulations.

As an RBI authorised forex dealer offering AD II licensed forex services, we help students, parents, universities, and education consultants manage international education payments with clarity and confidence. From tuition fees and accommodation costs to living expenses, every forex remittance is processed in line with RBI and FEMA guidelines.

RBI Approved Outward Remittance for Overseas Education

Gilpin facilitates outward remittance (RBI approved) for overseas education under the Liberalised Remittance Scheme (LRS). Indian residents can remit funds for approved purposes, including tuition fees and education-related expenses, with complete regulatory compliance.

Our student remittance solutions support:
  • Tuition fee payments to foreign universities
  • Education-related overseas expensesli
  • Secure international transfers with full documentation
  • Transparent processes aligned with RBI norms

All transactions are handled under the authorisation of the Reserve Bank of India, ensuring legitimacy, traceability, and peace of mind.

What Gilpin Is Authorised to Offer Under Its RBI Licence

At Gilpin Travel, our RBI compliant forex solutions are built on trust, precision, and regulatory discipline. We support corporates, institutions, and individuals with forex services that simplify global transactions while maintaining full compliance.

By combining corporate travel management with AD II licensed forex services, we deliver a single, accountable solution for international mobility and payments.

  • Overseas education
  • Business travel and MICE
  • Visa and immigration-related fees
  • Medical treatment abroad
  • Employment and credential assessment
  • Membership fees to global organisations
  • Private visits

Documents Required for Student Forex Remittance

To initiate a student forex remittance, the following documents are generally required:

  • Valid passport, visa, and air ticket (copies)
  • Proof of admission (University offer letter, I-20, or equivalent)
  • PAN card (mandatory)
  • Application-cum-declaration under LRS
  • A2 form and FEMA declaration

Different remittance purposes may require additional documentation. Our team ensures you understand and complete the process with ease.

Start Your Student Remittance with Confidence

Count on Gilpin Travel to manage your student forex remittance in India with accuracy, care, and full compliance. We are committed to making overseas education payments simple, secure, and on time.

Why Choose Gilpin for Student Forex Remittance?

Competitive Exchange Rates

We offer favorable and transparent conversion rates to help students make the most of their funds. Our continuous rate monitoring ensures value across fluctuating markets.

Secure & Reliable Transfers

Every transaction is processed through verified banking channels to maintain safety and accuracy. Students and families receive real-time updates.

Flexible Payment Options

Choose from bank transfers, online platforms, or authorized exchange partners for convenience. Each mode is supported by strong security protocols and instant confirmations.

Dedicated Student Support

Our expert team assists students and parents through every step of the remittance process – from documentation to payment confirmation – with clear communication and quick responses.

Regulatory Compliance

We manage all FEMA, RBI, and LRS documentation to ensure error-free transactions. This minimizes delays and helps you stay compliant with every regulation.

Affordable Service Fees

Gilpin Travel maintains transparent pricing without hidden costs. Our student-friendly service structure ensures accessibility without compromising reliability.

Currency Advice & Market Insights

Currency Advice & Market Insights: Our forex experts guide you on when and how to remit based on real-time market trends. This ensures better value and smarter fund management.

Trust & Reliability

With years of experience in corporate travel and forex solutions, Gilpin travel stands for integrity and precision. Our systems are built to deliver consistency and confidence every time.

Have a question or need expert guidance?

Connect with our remittance specialists today and take the next step in your academic journey.

Enquiry Now
What Gilpin is Authorized to Offer Under its RBI License
  • Business Travel / MICE

  • Visa Fees

  • Medical Treatment Abroad

  • Employment and Job Processing Fees

  • Skills/Credential Assessment

  • Immigration & Consultancy

  • Membership Fees to Global Organizations

  • Private Visits

Documents Essential to Initiate Remittance for Overseas Education
  • Valid Passport, Visa and Air Tickets (copies of each are retained)

  • Proof of Admission (for example, University Letter, I-20 for US Institutions)

  • PAN Card (mandatory)

  • Application cum Declaration under LRS Scheme

  • A2 Form & FEMA Declaration

Different remittance purposes call for different documents. We make sure you have everything in place and understand the process with ease.

Start Your Transfer Now

Count on Gilpin to manage your student remittance services in India with care and precision and on time. We’re here to make your academic journey trouble-free.  Connect with our Remittance Expert

💬 Speak with a Remittance Advisor
Student Remittance

Key Paperwork for Sending Funds Abroad

Mandatory Documents for AD-II Telegraphic Transfers (Purpose-wise division)

  • Remittance by Individual under Private Visits – S0306
    • Visa, Tickets, Valid Passport
    • Application cum Declaration under LRS Scheme & A2 Form & FEMA Declaration
    • Invoice from overseas hotel/ travel agent confirming the amount of remittance
    • PAN Card
  • Remittance by tour operators / travel agents to overseas agents / principals / hotels.

    (To initiate code creation for a travel agent, relevant KYC documents—including registration proof, PAN card, and contact verification (telephone bill) – are to be provided to HOT & IT as per purpose code S0306.)

    • Application cum Declaration under LRS Scheme & A2 Form & FEMA Declaration
    • Travel agent’s letter for remittances, providing a list of passengers on the tour operator’s letterhead with passport details duly attested.
    • Invoice from overseas hotel/travel agent confirming the amount of remittance, with seal & signature of the agent
    • An undertaking from the tour operator for remittance made on behalf of travellers, along with a mandatory PAN card.
    • Passport copies need to be collected and retained at the branches
  • Business Travel / MICE – S0301
    • Valid Passport, Ticket, Visa.
    • Application cum Declaration under LRS Scheme & A2 Form & FEMA Declaration.
    • Invoice from overseas hotel/travel agent confirming the amount of remittance, with seal & signature of the agent
    • PAN Card .
  • Fee for participation in global conferences & specialized training – S0301
    • Application cum Declaration under LRS Scheme & A2 Form & FEMA Declaration
    • Conference Invite along with the details of the participation fee and Remittance details.
    • Photocopy of the Passport, Ticket, and Visa.
    • PAN Card .
  • Remittance for participation in international events / competitions (towards training sponsorship & prize money) – S0301
    • Application cum Declaration under LRS Scheme & A2 Form & FEMA Declaration
    • KYC of the remitter
    • Copy of Passport.
    • Letter / Prospectus from the organizer of the event / competition stating the amount to be remitted.
    • PAN Card .
  • Medical Treatment abroad S0304

    For the Patient

    • Application cum Declaration under LRS Scheme & A2 Form & FEMA Declaration.
    • Passport, Ticket, Visa.
    • Prescription and recommendation from local Doctor/ Hospital, Estimate from the Overseas Hospital/ Doctor.
    • Estimate from the Overseas Hospital/Doctor
    • PAN Card Mandatory.

    For the accompanying person-

    • Application cum Declaration under LRS Scheme & A2 Form & FEMA Declaration.
    • Passport, Ticket, Visa(copies will be retained)
    • Proof of Admission in the college/university abroad/I-20 (in case of 1st remittance of FEX)
    • PAN Card .
  • Overseas Education – S0305
    • Application cum Declaration under LRS Scheme & A2 Form & FEMA Declaration.
    • Passport, Ticket, Visa. Retain copies.
    • Proof of Admission in the college/university abroad / I-20 (in case of 1st remittance of FEX)
    • PAN Card Mandatory.
  • Employment & processing, assessment fees for overseas job applications. – S0306
    • Application cum Declaration under LRS Scheme & A2 Form & FEMA Declaration.
    • Passport, Ticket, Visa, Offer Letter (copies will be retained)
    • Self-Declaration.
    • PAN Card Mandatory.
  • Immigration Emigration Consultancy Fees – S1109
    • Application cum Declaration under LRS Scheme & A2 Form & FEMA Declaration (only once at the time of immigration)
    • Passport, Ticket, Visa (copies will be retained)
    • Self Declaration
    • PAN Card .
    • Application cum Declaration under LRS Scheme & A2 Form & FEMA Declaration.
    • Certified Copy of Invoice / Debit Note.
      • Certified Copy of the Agreement/Contract.
  • Skill/Credential Assessment fees for intending migrants
    • Application cum Declaration under LRS Scheme & A2 Form & FEMA Declaration.
    • KYC of the remitter.
    • Letter or prospectus from the Embassy authorizing the amount to be collected and specifying the agency authorized to collect the fee.
    • PAN Card
    • PAN Card Mandatory.
  • Visa Fee – S1109
    • Application cum Declaration under LRS Scheme & A2 Form & FEMA Declaration.
    • Embassy guidelines.
    • PAN Card .
  • Registration / subscription / membership fees to international organizations
    • Application cum Declaration under LRS Scheme & A2 Form & FEMA Declaration.
    • Invoice / Letter stating the amount to be remitted.
    • PAN Card.

Share your requirements and our experts will get in touch

Enquiry Now!

    First Name *

    Last Name *

    Email Address *

    Phone Number * 0 / 10

    Business Name *

    Select-Services *

    Select Country

    Select State

    Select City

    Message *





    [forminator_form id="4482"]
    ×

    Still with us?  

    Looks like you’ve been inactive for a while.
    Discover more about Gilpin Travel Management and explore our services today!

    Explore Services

    We would love to hear from you!

    Please take a minute to share your thoughts on our website.
    Your input helps us improve and serve you better.

    Ease of Use

    How easy was it to find the information you were looking for?

    Design & Visuals

    How would you rate the overall look and feel of the website?

    Content Clarity

    Was the information on the site clear and useful?

    Performance

    How was your browsing experience?

    Email

    Suggestions

    What’s one thing we could improve to make your experience better?

    Thank you for taking the time to share your thoughts.
    Every suggestion helps us make your experience better.

    Register with us Request a demo