There are many ways to pay tuition fees for studying in the UK. Generally, there are

Online payment: Use UnionPay cards to pay tuition fees online cross-border. The operation process is convenient and usually takes 3 working days. Upon arrival, there are no restrictions on remittance business outlets. The account will be debited in RMB with no currency conversion fees. UnionPay online payment fully ensures the security of cross-border online payments through multiple security technology guarantees and risk monitoring.

Credit card: The only characteristic of credit card is that it is fast and expensive. Generally, a handling fee of 2% to 3% is charged. You need to ask the school for the specific amount. For students with multiple offers, credit cards can buy time to a certain extent.

Money orders: Some are similar to ancient bank bills and need to go to a designated bank. For example, if you apply for a money order at the Bank of China, you need to go to the Bank of China in the UK to exchange the money order and transfer the money to your account in the United States. Banks and overseas exchanges do not charge any fees. Although money order does have the lowest handling fee, the disadvantage is obvious and the speed is very slow.

Bank wire transfer: is one of the traditional methods. After receiving the school account bank information (Routing Number, Swift Code, etc.), the international students will transfer the money directly to the school account. In particular, they must carefully indicate their name, department, school ID and purpose of remittance in English in the remittance postscript. For example: Tuition

Fee: Usually it takes 2-3 working days to arrive in your account. But the disadvantage is that you need to trek to the bank counter to perform wire transfer operations, which is cumbersome and time-consuming. Therefore, I personally prefer online payment, such as choosing overseas payment services such as UnionPay.

Traveler's check: It is similar to a money order, but much more convenient than a money order. It has the characteristics of a money order and a check (cash), comes in different denominations, and can be used for payment directly. Currently, most domestic banks can handle American Express travel debit. When handling, a handling fee of 0.5%-1% (mostly 1%) will be charged based on the transaction amount. The maximum denomination of a travel ticket is usually $500. Faced with tens of thousands of dollars in tuition, students are asked to count the number of tickets with more meticulousness than Mao Zedong’s red banknotes.

Cash payment: You can get a certificate for carrying cash. For example, if you deposit U.S. dollars in the Bank of China and then withdraw them (there is a maximum daily withdrawal limit, it seems to be 5,000), you can get a certificate at the Bank of China that allows you to carry 1w. With proof of carrying US dollars, you can bring 10,000 US dollars into the United States openly. Be careful not to bring more than the prescribed amount, which will cause unnecessary trouble to yourself during entry and exit.