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  • Finance

How do international payments work while studying overseas?

March 05, 2018

International payments can be confusing (and expensive). But with Cohort Go’s help you can make payments easily at a much lower conversion rate.

Whether you’re looking to pay insurance expenses, tuition bills or living expenses, we’ve got you covered. We don’t charge any payment fees and we can help you navigate the entire process from start to finish.

Sound like a pretty sweet set-up? We think so too. Let’s get into the nitty-gritty of how the process will work and what makes it possible.

How can you make international payments while studying overseas?How can you make international payments while studying overseas?

How do international payments usually work while studying overseas?

Navigating the range of payment options in Australia can be complicated but smart money management means less stress, and more funds to enjoy your time in Australia. Historically, the most common forms of money transfer for international students have been by standard bank transfer or wire transfer. In both of these scenarios, the sender and receiver can be faced with transfer fees and unfavourable currency exchange rates that usually result in lost funds.

Cohort Go founder and CEO Mark Fletcher saw this problem and resolved to find a better solution for international students. Out of this, Cohort Go Payments was born – a fairer, smarter and easier way to pay student expenses. Every Cohort Go payment is delivered at a favourable foreign exchange rate with no fees and definitely no surprises.

How does Cohort Go make international payments easier for students?

Cohort Go Payments converts your currency at foreign exchange rates usually only available to large corporations. We then pass these savings directly on to you.

  1. You’ll start by uploading your payment details in our simple payments platform.
  2. We will then provide you with instructions on how to make a deposit using your preferred payment method.
  3. Sit back and relax as we take care of the rest for you! Watch as we transfer your funds across the world and track your payment every step of the way.

It’s a simpler, fairer approach to international payments. We take care of the details, so you can enjoy all your overseas study experience has to offer.

Get your international study experience off to a flying start and pay your education fees the smarter way with Cohort Go today!

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