3. INTRODUCING
The easiest way for Educational Institutions to
receive payment from their International Students
Education Institutions
No fees to receive payments
Guaranteed no shortfalls
Easy online tracking of payments
Online dashboard and notification emails
make reconciliation easy
Student friendly to aid marketing
24/7 support available
International Students
Low or no fees depending on country
Best in market FX rates
Convenient local payment methods
Online tracking and notification emails so
students know when payments have arrived
24/7 support available
4. THE PROBLEM EDUCATIONAL INSTITUTIONS DEAL WITH
Existing tuition fee payment methods for international students are not optimally
designed to benefit students or nor educational institutions.
Method Fees Shortfalls Tracking Ease of Reconciliation Student Friendliness Support
Bank Wire Med High Low Low Low Low
Credit Card High Low Low Med Med Low
Western Union Low Low Med Med Low Med
Bank Draft Low Low High High Low Low
Cash Low Low High High Low Low
5. Existing tuition fee payment methods for international students are not optimally
designed to benefit students or educational institutions.
Method Fees FX Rate Convenience Tracking Support
Bank Wire High High Low Low Low
Credit Card High High Med Low Low
Western Union High High Med Med Med
Bank Draft Med High High Low Low
Cash Low High High High Low
THE PROBLEM INTERNATIONAL STUDENTS DEAL WITH
6. Benefits of
Saves money for educational institution in terms of reduced admin overhead
Eliminates difficult and slow reconciliation process with missing or unidentified payments
Eliminates short payments and comes with no shortfall guarantee
Avoids the risk of disclosing bank information to the public and avoids fraud
Marketing benefits by saving money for international students
Features a friendlier and more informative user experience than online banking platforms
7. How works
International Student
Student goes to the FX2School website and
enters AUD tuition amount.
Quote Generated
Our exclusive rates offered.
Quote Accepted
By Student
Details of Student’s
Institution Completed
Local Payment Method
Student receives confirmation and reference
number and proceeds to transfer funds via
local payment method.
Funds Transferred
Funds are transferred directly from FX2School
to Educational Institution.
Student Starts
FX2School provides immediate confirmation
to Student & Education Institution that
payment has been made.
9. Features of
Online dashboard for tracking and reconciling payments
Email notifications to confirm when payment has been made to your account
24/7 telephone support
AUD or NZD payments to Australian or New Zealand education institutions
Opportunities for marketing support and cross promotion to drive enrolments through
FX2School’s education agent network and social media channels
10. About
We are secure: as one of Arowana Capital's investee companies, we are financially backed by
one of Australia's leading investment groups, Arowana & Co.
We have partnered with the Commonwealth Bank of Australia to provide excellent FX rates and
secure banking infrastructure.
We know and understand the international education business, having been international
students, education agents and investors in educational institutions ourselves.
11. Australia
Brisbane
11/110 Mary Street
Brisbane QLD 4000
Tel +61 1300 392 724
Sydney
11/153 Walker Street
North Sydney NSW 2060
Tel +61 1300 392 724
International
Philippines
Mavenue Building
7844 Makati Avenue
Makati City
1209
Tel: +63 2 224 2061
Michael Hui
Executive Director
michaelh@fx2school.com
+61 407 027 935
Pty Ltd
Contact Us