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International payments solutions for educational institutions

Alleviate administrative burdens and give students a world-class international payments experience. Whether you’re a university, college, or trade school, Convera expertly handles all your payment needs. Our intuitive platforms help streamline every transaction, from student tuition and refunds to outgoing transactions, loans, and grant payments.

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Trusted by tens of thousands of customers of all sizes

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Key benefits for international tuition payments and collections

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1 TRANSACTION FEE: The transaction fee is the sum of the fee(s) charged by correspondent bank(s) (if any) and/or the fee charged by Convera Australia Pty Ltd trading as Convera (“Convera”) to send an international payment. Based on historical data sourced for sending an international payment via our EDGE platform, a reasonable estimate of less than AUD$10 applies across currency pairs. Applicable transaction fees will be dependent on such factors as the specific currency pair, the transaction type and the time your transaction is processed as a registered customer of Convera.

2 EXCHANGE RATE: The estimated exchange rate advertised includes a margin added to the interbank exchange rate. This is an indicative rate based on historical average margins using data sourced for sending an international payment via our EDGE platform. Please note that the estimated exchange rate shown is indicative only. The actual rate that will apply is the prevailing Convera rate for your
transaction type at the time and date your transaction is processed as a registered customer of Convera. Such rate is determined by several factors which include but are not limited to your specific circumstances, the transaction size and volume of the international payment, the currency pairs being traded or prevailing market conditions. You will need to register or log in to view your customized rate.

3 RECIPIENT GETS: In some instances, third-party intermediaries or beneficiary banks may levy additional fees and/or charges. These amounts can vary and Convera does not have control nor receive any benefit.

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Key benefits for outgoing international payments

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Risk management for educational institutions

1 Our hedging products are derivative financial instruments which may expose you to risk should the underlying exposure you are hedging cease to exist. They may be suitable if you have a high level of understanding and accept the risks associated with derivative financial instruments that involve foreign exchange and related markets. If you are not confident about your understanding of derivative financial instruments, or foreign exchange and related markets, we strongly suggest you seek independent advice before making the decision to use these instruments.

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A complete international payments solution for educational institutions

Simplify all international payments

Work with one provider for all your payments needs. From seamless tuition payments and refunds to flexible outgoing payments and risk management support, Convera helps ensure educational institutions have secure, efficient solutions for every international payment need.

A safe, smart student payment experience

Give students the flexibility to pay tuition using the method and currency of their choice, without leaving the secure space of your platform. Advanced fraud protection and real-time payment tracking let students focus on their education without worrying about their payments.

Built for institutions like yours, trusted by students worldwide

Over 900 educational institutions, including 8 out of 10 top-ranked universities trust Convera with their student tuition and international payments. With deep specialization and over 40 years of proven experience, we deliver the speed, certainty, and service that you and your students truly deserve.

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Find out why educational institutions choose Convera for their commercial payment needs.

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