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Send Money for Living
Expenses from India - Fast & Reliable
Support students studying abroad with instant transfers for accommodation and living expenses.
Rate Guaranteed1 USD = 94.1249 INR
USD
INR
You save ₹ 12,067.09*compared to traditional banks
1 USD = 94.1249 INR
USD
INR
You save ₹ 12,067.09*compared to traditional banks
Send Money for Living
Expenses from India -
Fast & Reliable
Support students studying abroad with instant transfers for accommodation and living expenses.
Rate Guaranteed1 USD = 94.1249 INR
USD
INR
You save ₹ 12,067.09*compared to traditional banks
1 USD = 94.1249 INR
USD
INR
You save ₹ 12,067.09*compared to traditional banks
Why Choose Fairexpay?
Lowest Forex Rates
Live mid-market rates
LRS Compliant
Full regulatory support
Multi-Currency
Support 15+ currencies
Trusted Globally
by Families
school
Parents trust us to send money for students living expenses globally
verified_user
RBI authorized with complete FEMA compliance for education support
account_balance
Transfer money for living expenses abroad safely to 180+ countries worldwide
Send Money for Maintenance
Expenses in 3 Easy Steps
Register Account
Complete KYC with PAN and Aadhaar.
Enter Student Details
Add beneficiary account information abroad.
Make Transfer
Pay living expenses abroad from India securely.
All maintenance transfers are verified and processed through RBI-authorized channels. Payments must be to the student's personal bank account only.
Guide: How to Support
Students Abroad
Document Checklist
- Visa
- Student passport
- Offer letter / Admission letter from the university
Processing Timeline
- Day 1: KYC verification, compliance checks and transfer initiation.
- Day 2: Student receives funds in their overseas account.
Tax & Regulations
- 0-5% TCS on amounts above ₹10 lakh per year.
- Annual LRS limit of USD 250,000 applies.
- A2 form automatically generated for compliance.
All remit money for living expenses transfers must be sent to the student's personal bank account per RBI guidelines. Third-party transfers are prohibited.This protects families from fraud and ensures money reaches intended recipients. We verify all bank accounts before processing any transfer. Your transfer includes A2 form and a SWIFT copy for your records and compliance needs.
Compare Fees For When You Send
Money Abroad
Money Abroad
See exactly how much more you save with Fairexpay on every international transfer
USD
INR
Total you pay
₹ 472,124.56
Beneficiary receives
5,000.00 USD
USD 5,000.00 (Full amount)
expand_moreBeneficiary receives
USD 5,000.00 (Full amount)
Exchange rate
94.1249 (Mid-market rate)
Rate markup
Transparent pricing & low markups
Transfer fee
₹1,500.00
Total you pay
₹472,124.56
Traditional Bank
account_balanceUSD 5,000.00 (Full amount)
expand_moresavings Net Saving
₹13,067.08
Compare Fees For When You
Send Money Abroad
See exactly how much more you save with Fairexpay on every international transfer
USD
INR
Beneficiary receives
Exchange rate
Rate markup
Transfer fee
Total you pay
USD 5,000.00 (Full amount)
94.1249 (Mid-market rate)
Transparent pricing & low markups
₹1,500.00
₹472,124.56
Traditional Bank account_balance
USD 5,000.00 (Full amount)
96.5383 (Marked up)
Higher Fees & Hidden Markups
₹2,500+
₹485,191.64
savings Net Saving
₹13,067.08
What Parents Say About
Supporting Their Children
“I had a very good experience with Fairexpay for remittance needs. Their service is fast, reliable, and professional with competitive exchange rates and low charges compared to other providers.”
“The Fairexpay platform is simple to use and safe. I've done multiple transactions and had excellent experiences every time. Money gets credited quickly and interface is intuitive.”
“Very satisfied with Fairexpay services. The forex transaction process was smooth, quick, and transparent. The team was supportive and guided us properly throughout the payment process.”
“I had a very good experience with Fairexpay for remittance needs. Their service is fast, reliable, and professional with competitive exchange rates and low charges compared to other providers.”
Koreth Mathew
Harneet
Beyond Remit
Raj
Book Asia DMC
“Very satisfied with Fairexpay services. The forex transaction process was smooth, quick, and transparent. The team was supportive and guided us properly throughout the payment process.”
Frequently Asked Questions
What are living expense transfers?
Living expense transfers are funds sent from India to support students with accommodation, food and daily costs abroad. Annual LRS limit is USD 250,000 for all purposes.
What documents are needed to send living expenses abroad from India?
What are the transfer costs?
How fast do funds arrive?
Can I send monthly support regularly?
What is TCS on maintenance funds?
Complete Guide to
Supporting Students
Abroad
How to send money for living expenses from India?
Register on Fairexpay, complete KYC, add student account details and transfer via UPI or net banking under LRS.
How do I track transfers?
What is the complete timeline?
Which countries are supported?
Can I schedule recurring transfers?
Ready to Transfer Money for Family Maintenance Securely?
Join thousands of families supporting students worldwide with fast, affordable and transparent maintenance transfers through Fairexpay.
Fairexpay makes supporting students abroad simple and stress-free. As an RBI-authorized platform, we help parents send money for accommodation and living expenses, including rent, groceries, bills and daily expenses to students across the USA, UK, Canada, Australia and Europe.
Our platform processes everything from compliance verification to direct bank transfers, ensuring funds reach students within 1-2 business days. Families save significantly with zero exchange rate markup and transparent fees from just 0.4%.
We handle complete LRS documentation, including automated A2 form generation. Track every transfer in real-time with SMS and email updates until confirmation.
Our support team assists parents with setting up recurring monthly transfers, managing documentation and answering questions. Whether supporting undergraduate studies or advanced research programs, Fairexpay ensures reliable fund delivery at competitive rates.