India residents can complete their payment in INR by transferring funds via RTGS/NEFT to Convera (25,000 USD limit applies). After selecting ‘bank transfer NEFT/RTGS’ during checkout, you will be prompted to provide the required student and payer information. Please note that you must provide your PAN card and government issued ID during checkout. Once completed, you will select ‘proceed to pay’ and will be presented with payment instructions to complete your transfer.
Next, you must complete your transfer using your payment instructions. Please note that TCS tax will be levied when using this option at the time of payment. Convera is unable to validate whether the sender of the funds has already hit the Rs 10 lakh limit.
Barclays Bank (AD-1) is the authorized dealer facilitating this remittance. Barclays as AD-1 is responsible for verification and processing of remittance instructions, conducting required regulatory checks, reporting and documentation. The foreign exchange rate used for conversion shall be the Barclays Bank FX rate.