Foreign Exchange

The most important thing to do, once you have gotten your air-ticket, travel and health insurance is get sufficient foreign exchange. Moving to a new place, with a different currency, requires you to have your bank account with sufficient funds in it.
EduBrix Forex assists you with the foreign exchange and ensures that you do not face any currency issues and can always transfer and receive money during your stay. We have tie-ups with reputed Forex agencies who ensure that our students get the best and the most competitive exchange rates and quick services.

Types of Forex

We also help students with arranging International bank accounts, International Debit cards, Traveler’s Card, Wire transfers, Demand Drafts and Currency notes to help them process their forex in a simple and hassle-free manner.

How much to carry in what form and why?

International bank accounts (Blocked Account-Any case of Germany)

We provide assistance in creation of blocked account with required amount of €10,250 prescribed by the High Commission.

Traveler's Card: Multi-Bank International Traveler's Card.

  • It can be used for Withdrawal cash, Swiping, Booking Hotels, Local transport ticket, etc. (For payments, you can directly swipe your Travel Currency Card without any transaction fee at merchant establishments accepting Visa/ Master card, saving you the hassle of carrying cash while on the move).
  • Very convenient, strongly recommended.
  • Min first time loading amount: USD $500 (In case you have exhausted the funds on the card in US; your parents can reload your card with additional funds In India. The easiest way to do this is to contact EduBrix Overseas Consultancy with the amount desired to be deposited).

Forex:

We provide foreign exchange at competitive rates. We provide lower denomination like $20’s, $10’s and $5’s currency notes so that as you can avoid taking $100 bills as at some places you will find difficulty in exchanging. And lower denominations will help you convert them to quarters (25 cents), dimes (10 cents) and nickels (5 cents) at the airport. It will also be easier to pay at your transit airport (London/Paris/Frankfurt), in case you want to buy some food, or call up your parents using a pay-phone.
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