IDP Education/News and Articles/International money transfe...International money transfers for students: myths, facts & costly mistakes to avoidSend tuition money overseas with confidence.Why international money transfers matter for students studying abroadMyth 1: All exchange rates are more or less the sameMyth 2: Banks are always the cheapest option for international paymentsMyth 3: International transfers are instantMyth 4: The full tuition amount always reaches the universityMyth 5: Once you send the money, the process is completeMyth 6: International money transfer is just a financial taskYou don’t have to figure it out aloneA smarter way to manage international money transfers for education