Education
OVERSEAS PAYMENTS FOR TUITION FEES, ACCOMMODATION AND LIVING COSTS
In light of increasing university fees and living costs in the UK, more and more families are turning to higher education. So, when you're due to pay overseas tuition, get the most out of your money with a trusted payments provider.
How can we help you?
MAKE REGULAR PAYMENTS
Set up regular monthly payments for your child's accommodation and living costs abroad
24/7 SECURE ONLINE ACCESS
Log in online, or call your dedicated UK-based account manager, to make last-minute or emergency payments to your child studying abroad
Save on overseas transfers for tuition
With a child living overseas, the last thing you need to worry about is transferring money to them. Yet, understandably, the exchange and transfer of funds abroad always feels like a risk. Our world-class team will work with you, to ensure you avoid paying less than you have compared to the banks. With no hidden fees and charges, we'll help you to avoid wasting money.
Managing the cost
It's normal to worry about your monthly payments, when you have one or more child(ren) living and studying abroad. And the reality is that volatile currency markets can make the cost of funding an overseas education unpredictable. That’s where we step in – our expert team will help you to navigate the markets safely, ensuring you get the best value with minimum risk.
Regular payments for accommodation and living costs
With a dedicated regular payments service, we can help you manage the cost of your child’s accommodation and living costs on a monthly basis. You can set up frequent, automated payments between two and 12 months, and fix the rate in advance – so, you’ll always know how much you’re paying.
Everyday payments at an excellent rate
While credit cards allow your children to make cashless purchases on everyday items, they can quickly undo your good work with extortionate fees and a terrible exchange rate. With a Caxton Account, you can move currency onto your free Caxton Card and take advantage of that same great rate on day-to-day purchases abroad. You can also order up to five additional cards on your account.
Speak to an education consultant
If you have a child or more living abroad to pursue an overseas education, get in touch with one of our consultants to discover how Caxton can help you with your international payment requirements. Call today on 0333 123 1815 or request a callback.
Errol Izzet
HEAD OF PRIVATE ACCOUNT MANAGEMENT
Mike Linford
PRIVATE ACCOUNT MANAGER
Paloma McDonald-Smith
PRIVATE ACCOUNT MANAGER
Matthew Basham
PRIVATE ACCOUNT MANAGER
Martin's Story
LIGHTENING THE LOAD WITH CAXTON
After leaving school, Martin’s son was determined to broaden his horizons. Attracted by the freedom to pursue various interests before settling on a major, he left in September 2016 to begin a four-year course in California. When your only child decides to study 5,000 miles away, money concerns suddenly heighten.
Martin has to wire the university its tuition fee every month, plus send a personal allowance to take care of daily expenses. Having received income in several currencies for much of his career, he had long since lost faith in the service provided by high street banks to send and receive foreign capital. Prompted by an advert in the Financial Times, he called Caxton which has since handled all his foreign exchange needs.
He counts on his Caxton account manager to advise him on how much to exchange, when to execute the trade, and the cheapest way of getting the money from A to B. The expense still stings. But he can relax, knowing that every last drop of value has been squeezed out of the exchange.