Ways students can carry money abroad: #3 Wire transfer
Thursday, June 29, 2017, 7:24 PM
A speedy way of sending money abroad, wire transfers can be used for a variety of payments—college application fee, tuition, hostel fee, etc. It takes approximately 24-48 hours for the money to be transferred. A reference number of the transaction is given immediately to keep track of it. Wire transfers may incur commission charges from both the sender and the receiver banks.