BookMyForex Launches Same-Day Overseas Education Fee Transfers, Offers ₹15,000 Cashback

Personal Finance
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CNBC TV18•08-01-2026, 12:08
BookMyForex Launches Same-Day Overseas Education Fee Transfers, Offers ₹15,000 Cashback
- •BookMyForex introduces same-day international transfers for overseas education fees, aiming to reduce delays and penalties.
- •Funds can reach foreign institutions in as little as six hours, addressing issues with narrow university fee timelines and processing delays.
- •The service supports end-to-end digital remittances, routed through partner banks and RBI-authorised entities for compliance.
- •Gagan Malhotra, COO of BookMyForex, highlighted the time-sensitive and high-value nature of these payments, emphasizing predictability.
- •Customers can also avail cashback benefits of up to ₹15,000 on education-related remittances exceeding ₹3 lakh made digitally.
Why It Matters: BookMyForex now offers same-day digital transfers for overseas education fees, ensuring timely payments and cashback.
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