Introduction

To support OceanBank’s customers in transferring tuition fees, living expenses for overseas study purposes, “Overseas Study Remittance” Product will deliver the most effective and flexible solutions on transferring money, response punctually financial demand and generate great peace of mind in studying abroad.

Product
Benifits

•  Favorable remittance fees: 0,1% / total amount (min: 2,5USD – max 100USD) – 30% reduction compared to others remittance purposes

•  Attractive exchange rate

•  Quick & convenient procedure

•  Safe & Secure fund transfer

Product
Features

Target Customers:

•  Overseas student

•  Relatives of Overseas student

•  Education Agencies authorized by Overseas student or their relatives

Procedure &
Form

•  Payment Order (as per OceanBank’s form)

•  Student’s Passport and Visa (or residence permit in foreign country in case Visa is not required)

•  Acceptance letter and Tuition fee Notification from Overseas School/ College/ University (or other documents as proof of studying abroad) 

•  Remitter’s valid identity card / passport

•  Relevant papers evidencing Relative relationship/ Authorization (If any)