Managing international student money transfer for tuition, living costs, and everyday expenses abroad can be stressful—and costly. Traditional bank transfers and wire transfers often involve hidden fees, inflated currency conversion markups, and long delays.
Fortunately, Inforens, in partnership with Wise (formerly TransferWise), offers the cheapest way to send money abroad for students. This student-friendly international transfer option provides transparency, security, and genuine savings on international payments.
Why It Matters for Students
For international students, choosing the best way to send tuition money abroad can make a huge difference:
- Traditional banks often charge high transfer fees, mark up the currency exchange rate, and delay processing (2–5 business days).
- Using mid-market exchange rates for students, as Wise does, ensures no hidden markups.
- Research shows that international student transfers via Wise can save hundreds—or even thousands—compared to traditional financial institutions.
This makes Wise money transfer for students the most cost-effective solution when paying for tuition, rent, or emergencies.
What Is Wise & Why It’s Student-Friendly
Wise is one of the leading online platforms for transferring funds abroad, designed to reduce the cost of international payments. It’s especially useful for Indian students and other undergraduate and postgraduate students studying abroad.
Wise provides:
- Mid-market exchange rate for students (same as the interbank rate)—no hidden markups.
- Transparent, low fees displayed upfront.
- Fast transfers: 64% arrive within 20 seconds, 95% within 24 hours.
- Multiple payment methods (debit card, bank account, and more).
- Easy-to-use customer support for resolving student queries.
How Inforens Enhances Your Wise Experience
Through the Inforens Wise partnership, students get additional perks when sending money abroad:
- Fee-free first transfer student offer: Send up to £500 without fees.
- (OR) Get a free debit card delivered! (Note: this is only if you are currently living outside India)
- Wise cashback offer for students: Receive £10 cashback on your first transfer.
- Fast, secure transfers—ideal for receiving money, paying tuition, rent, or emergencies.
- Example: Transferring £5,000 via Wise saves significantly compared to traditional banks that apply hidden markups.
Step-by-Step: Using Wise via Inforens
- Sign up with Inforens: Access the inforens Wise partnership perks including fee-free transfers and cashback.
- Transfer funds: Use Wise to send money to the UK or other destinations with fair currency exchange rates.
- Track your transfer: Real-time notifications keep you updated.
- Enjoy speed & security: Transfers are encrypted and protected.
Comparing Providers: Wise vs. Banks
Why This Matters for International Students
- How international students can save on overseas transfers: Choosing Wise over banks reduces transfer fees and eliminates hidden charges.
- Wise is the best way for students to send tuition money abroad, especially for Indian students studying in the UK, US, or EU.
- Difference between bank transfer and Wise for students: Banks profit from varying currency exchange rates, while Wise offers the real interbank rate.
- In partnership with Inforens, students get the most cost-effective transfer option, with perks like fee-free first transfer student offers and cashback.
💸 Send Money Abroad the Smart Way with Inforens x Wise
Stop losing money on hidden bank fees and inflated exchange rates. With Inforens x Wise, international students get exclusive perks—including a fee-free first transfer (up to £500) and £10 cashback on their first payment. Fast, secure, and transparent, it’s the cheapest way for students to transfer money abroad for tuition, rent, or daily expenses.