Students in Borivali leaving to study abroad can get free forex and travel guidance from DreamDestination: how to send tuition fees to the university, how to divide your money between a forex card, cash and a bank account, when to book the flight and what to keep in your documents folder. We are not a forex dealer or travel agent — you buy from an authorised dealer and the airline.
Forex and travel are the stage students leave until last, and where avoidable money is lost — on a poor exchange rate, a fee transfer sent with the wrong reference, or a flight that lands before the accommodation opens. For a student in Borivali an hour of planning removes most of it.
Student forex and fee remittance guidance in Borivali
Fees are sent abroad through a bank or an authorised forex dealer under the Reserve Bank of India's Liberalised Remittance Scheme. You will need the university's payment instructions, your offer or fee letter, PAN and identity documents. Use the exact payment reference the university gives you, and send it early enough for the transfer to arrive and be confirmed before the deadline.
Tax collected at source can apply to foreign remittances, and the treatment differs when the fees are paid from an education loan. The rules are revised in the Union Budget, so we explain the position that applies when you remit.
In Borivali there are many consultants, test centres and lender branches to choose from, which makes the real question whose advice is independent. Our pre-departure guidance costs nothing and we are paid nothing by any lender, so we have no reason to steer you. You can speak to a counsellor by video or phone, in the evening or at the weekend if you work.
This page is written for final-year students, recent graduates and working professionals in Borivali, Maharashtra planning a master's or another course abroad, and for the parents helping them decide. The same service is available to students in Nashik, Dadar, Hinjewadi and Kolhapur, and across the rest of Maharashtra.
A student leaving Borivali should not keep all their money in one form. A forex card covers day-to-day spending and can be reloaded from India; a modest amount of local currency covers the first days; and a bank account in the destination country, opened on arrival, handles rent and bills. Compare forex cards on exchange margin, reload fee and ATM charges rather than on the headline rate.
Prepaid forex card
Local currency for arrival
International or local bank account
A backup card kept separately
Booking the Flight
Book around the date your university expects you and the date your accommodation opens, not around the cheapest fare. Check the student baggage allowance, the entry date your visa permits, and how you will get from the airport to your room.
Where to Buy Forex
Foreign exchange should be bought only from a bank or a dealer authorised by the RBI, and you should keep the receipt. We do not deal in forex or sell tickets and make nothing from what you buy; we help you compare what authorised providers serving Borivali offer.