Bank-to-Bank Transfer through Convera
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How Does This Service Work
The bank-to-bank transfer service is an effective method of making payments to UCI Division of Continuing Education. It allows students, their families, sponsors, or international representative the opportunity to securely send bank-to-bank transfers for payment of tuition and fees in their home currency.
UCI has contracted with Convera to provide international students with an alternative to paying their tuition and fees by wire transfer. Convera offer a competitive rate of exchange for processing payments in many international currencies.
Benefits to You
- Secure an exchange rate you are happy with – the rate will be held for 72 hours
- Understand your costs – know exactly how much you are paying in your home currency
- Peace of mind – have confidence that the UCI Division of Continuing Education will receive your fees on time, usually in 2 working days
- No expensive bank charges – keep hold of as much of your money as possible
- Speed up your application and enrollment process – UCI Division of Continuing Education will be able to identify your fee payment quickly thus eliminating delays
- No additional charges for using this service are levied by UCI Division of Continuing Education or Convera.
- By using this service you avoid or significantly reduce the costs incurred to both yourself and UCI Division of Continuing Education for making and receiving international payments.
Frequently Asked Questions
- Why is using Convera better than just
using my bank?
- If you use your own bank to make your payment to UCI Division of Continuing Education, then
this will cost you more. Banks charge service fees (sometimes
you are not even aware of them) that are added on to the payment and these charges
can be substantial. This means the UCI Division of Continuing Education sometimes won’t receive
your full payment because the added bank charges are deducted from your total due.
By using Convera you are assured of a guaranteed rate of exchange as well as ensuring
that UCI Division of Continuing Education receives your fees in full. This exchange rate is held
for 72 hours giving you peace of mind that the exchange rate will not move against
you. So, after submitting your payment, you can relax and feel comfortable knowing
that you are done and have paid in full.
- Do I need to provide the UCI Division of Continuing Education
bank details when I go to my local bank?
- No. Convera will email you a confirmation
and instructions, including the local bank details within your country for making
the payment You do not need UCI Division of Continuing Education bank’s information to make
this bank-to-bank payment transaction. Just bring the email confirmation and instructions
that you receive from Convera and they will take care of the rest.
- What fees can I pay using this service?
- If you are studying in our International Programs, you can pay your Application
and Housing Placement fees (non-refundable), Tuition, Housing, Health Insurance,
and Airport Pick-up Fee. These are the only fees you can pay at this time. You cannot
pay for additional fees such as activities, books, or parking.
If you are enrolled in a certificate program or taking an online course, you can
pay your course fee(s), candidacy fees, and any applicable late fees.
- I can’t find my home currency on
- Due to international and domestic banking regulations some currencies
are unable to be traded on the open market or as part of this service. If your home
currency is not available, you can select United States Dollars (USD) or another
currency from the drop down menu. If you decide to use USD, for example, you will
need to first purchase the USD from your bank prior to making the wire transfer
- Is using Convera better than paying by
credit card or using a bank check?
- Convera is one of a variety of options
for paying your tuition and fees and you are welcome to research each option to
see which one is best for you. You are welcome to pay by credit card or purchase
a money order or a bank check (payable to UC Regents), if that is the option that
is most convenient for you. However, keep in mind that credit card companies and
banks have added services charges and fees associated with the transaction and some
of the fees will not be known until after you have made the purchase. Also, paying
by credit card often has delays with processing for various reasons. A bank check
can also be delayed because you first need to find a US bank in your home country
to issue the check and then you need to mail the check with your application, which
can take several days.