Now you can transfer university fees from India to overseas without any stress! Trusted by millions in India.
Accepted Worldwide
Experience seamless transfer of your fees with our reliable services, accepted globally.
Transparent Pricing Models
what you see is what you pay! You’ll receive a clear breakdown of fees and exchange rates upfront with no hidden charges!
Forget tedious paperwork! HiWiPay simplifies remittance by eliminating the need for physical LRS/A2 forms, repetitive transactions filling, and physical copies of KYC. Set up your account once and enjoy seamless remittance without the hassle of repetitive paperwork.
SAFEGUARDED WITH LEADING BANKS
We hold your money with established financial institutions, so it’s separate from our own accounts and in our normal course of business not accessible to our partners.
EXTRA-SECURE TRANSACTIONS
We use 2-factor authentication to protect your account and transactions. That means you — and only you — can get to your money.
FAQs
Outward remittance is when you send money from your home country to another country. You can do this for different reasons like supporting family overseas, paying for medical care, education, or vacations abroad. HiWiPay currently only supports education related cross border payments.
According to RBI, under the Liberalised Remittance Scheme, all resident individuals, including minors, are allowed to freely remit up to USD 2,50,000 per financial year (April – March) for any permissible current or capital account transaction or a combination of both.
If you’re the transaction has been initiated and funds have not been transferred the student can cancel the transaction on the student portal. In case funds have been transferred and the transaction needs to be cancelled please reach out to care@hiwipay.com
Account not having sufficient funds
Amount of transaction exceeding USD 25000 or equivalent
In case the annual LRS limit of USD 250,000 has been utilized
If beneficiary country is not part of “Permitted Country List”
If the beneficiary is not part of the “Permitted Beneficiary List”
Remittance being sent to your own account overseas
If incorrect or partial details of beneficiary / beneficiary’s bank has been provided
In case of unauthorized / non-permissible transactions not allowed as per RBI Regulations
It will take anywhere between 24 to 48 working hours.
For the purpose of education (self-funded) – 5% of the amount or the aggregate amount over Rs. 7 lakh
Education when a loan is used to fund education- 0.5% of the amount or the aggregate amount over Rs. 7 lakh
It will take anywhere between 24 to 48 working hours.
We will keep you updated with the information related to your transactions or payment status on your registered email id and phone number. You can also check the status of your transaction in the student portal.
NEFT / RTGS, Net banking, UPI or Cash Deposits at the bank of your choice.
As per RBI regulations, you can transfer up to INR 1 lakh via UPI. In case the amount to transfer is more than INR 1 lakh, then you can use Net banking or make a cash deposit to the account details mentioned in the Challan provided to you. HiWiPay Challan will be generated once the transaction is initiated by the user.
Create an account on HiWiPay’s Student Portal
Enter an Amount
Do your one time KYC (for first time users)
Enter beneficiary details
Pay your transfer fees
University Fee Transaction | Accommodation Transaction | Blocked/GIC Account transaction | Living expenses from relative to student |
Passport | Passport | Passport | Passport |
Remitter PAN | Remitter PAN | Remitter PAN | Remitter PAN |
Admission Letter | Admission Letter | Admission Letter | Admission Letter |
Loan Approval Letter (In case of Education Loan being the source of funds) | Loan Approval Letter (In case of Education Loan being the source of funds) | Loan Approval Letter (In case of Education Loan being the source of funds) | Loan Approval Letter (In case of Education Loan being the source of funds) |
Visa | Account Opening Letter | Visa | |
Rent Agreement |
TCS is to be collected at the time of debiting the amount payable by the remitter
Please note TCS once deducted cannot be refunded by the bank in case of any return of transaction/remittances. Remitter can approach for refund from tax authority while filing Income Tax Returns or consult with tax advisor for refund/adjustment.
HiWiPay users can benefit from the live status updates which will be available to them on their Student Portal.
HiWiPay currently charges FCCT and Bank Charges on behalf the bank which are displayed during the time of transaction.
“HiWiPay is a cross border remittance platform which process all remittances through RBI-authorised partners. We also secure transfers with SWIFT APIs and use Azure Blob Service to store all our documents in encrypted format.”