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University Fee Payment money transfer - Instarem - Study in Germany & Euro countries Italy France UK 

Rajat Sharma Vlogs
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This video guides you through the process of university fee payment by showing screen recording of real fee payment process. It shows how money can be transferred to European bank account using IBAN number, and shows how Instarem can be used for same. Here I also have explained my understanding of how extra 5% tax can be avoided over 7 lakh rupee transaction done from India if you have flexibility to pay in multiple transactions from multiple accounts...
----- Referral / Affiliate Links --------
Money transfer services =
- Instarem = prf.hn/l/PJRWdGp
- Wise = wise.prf.hn/l/...
- Western Union = ssqt.co/mQq39Hz
German Blocked Account =
- Expatrio = www.expatrio.c...
---------------------------------------------------

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17 сен 2024

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Комментарии : 57   
@selvathibagar6017
@selvathibagar6017 2 года назад
thanks, brother for the brief explanation
@amartyakaviraj
@amartyakaviraj 2 года назад
Very well done video
@Raahi457
@Raahi457 Год назад
Fintiba se Block Account open karne k baad Fintiba wire transfer (one time payment online transfer) karne k baad wire transfer wale kya kya documents lete h. Please Advise ASAP
@Rajat_Sharma_Vlogs
@Rajat_Sharma_Vlogs Год назад
Replied to your same comment on other video
@Blasterop20
@Blasterop20 6 месяцев назад
Paise jyada lage toh lage but safe hona chaiye
@6493psp
@6493psp 7 месяцев назад
Hi Rajat, Need help for following case I got stuck in: Through instarem I transacted today, but after 5pm they don't do Video verification, now 2 days they have off for Saturday and Sunday, Would they be refunding the amount back?.. or I can do video KYC on Monday?.. Please suggest
@atiquetanvir1244
@atiquetanvir1244 6 месяцев назад
Hey bro! I did the same thing yesterday. I paid on Friday after 5pm and now I'm supposed to be done with Verification by Sunday which is not possible. Did your transfer get cancelled or did they do the verification on Monday? Please let me know. I'm getting worried about this.
@6493psp
@6493psp 6 месяцев назад
@@atiquetanvir1244 they will clear the same on Monday, Manually, skip the time frame reducing on website. Get verification done after 10am Monday and they will clear and mail you details for the same.
@atiquetanvir1244
@atiquetanvir1244 6 месяцев назад
@@6493psp Oh so it won't be a problem right? I just have to wait till Monday and get the verification done?
@atiquetanvir1244
@atiquetanvir1244 6 месяцев назад
@@6493psp also what do you mean by skip the time frame? I'll have to do that now?
@6493psp
@6493psp 6 месяцев назад
@@atiquetanvir1244 yes that's the way my similar issue got cleared..
@varshasoni9488
@varshasoni9488 Год назад
Hello Rajat, You paid tuition fees through your instarem account and then 6lac 90 thousand for blocked account as well and left blocked amount through your father's instarem. So here doesn't it charged you 5% tax as you crossed 7lac limit? Also, what if instarem process is delayed or failed, do they refund money? Is it reliable ?
@Rajat_Sharma_Vlogs
@Rajat_Sharma_Vlogs Год назад
For me Instarem was reliable. It was slower than Western Union, as Instarem took around 2-4 business days for me to transfer money. But it guarantees exact amount transfer. And yes, I planned my payments in a way that I don't exceed 7 lakh per pan card to save 5% on all amount I paid over 7 lakh.
@amartyakaviraj
@amartyakaviraj 2 года назад
Vai i had a question...agar blocked account me money transfer karte waqt supporting document mange to tab kya submit Karu instarem ko?? Mein expatrio se blocked account kr rha hu
@Rajat_Sharma_Vlogs
@Rajat_Sharma_Vlogs 2 года назад
Admission certificate or enrollment letter should be enough... They will mention in an email the list of document or example of documents that you can attach as supporting document...
@amartyakaviraj
@amartyakaviraj 2 года назад
Thanks man
@bigbabyop6252
@bigbabyop6252 Год назад
Rajat bhaiya education loan lene p 0.5 percent tax lgta h but hm enko kese btaenge ki education loan k funds h ya hmare khud k ?
@Rajat_Sharma_Vlogs
@Rajat_Sharma_Vlogs Год назад
You can try to convince by showing official German embassy documents that these funds are needed for student visa, means needed for studies in Germany. If still you cannot find bank to approved loan for blocked account then to contact with any student that know who has take such loan and reach out to that bank/branch. Also there is one organisation called “we make scholars” or more similar, which can help in given list of bank or companies who may be willing to give loan.
@bigbabyop6252
@bigbabyop6252 Год назад
@@Rajat_Sharma_Vlogs ok bhaiya thank you ❤️
@rizwanahmad2139
@rizwanahmad2139 Год назад
Hi Rajat , Is this transferring money to blocked account from instarem is for student or job seeker too..as I have to transfer in blocked account pls guide
@Rajat_Sharma_Vlogs
@Rajat_Sharma_Vlogs Год назад
Blocked account is also needed for Jobseeker visa. The amount and duration are slightly different in both cases.
@mrtobiasreiper4714
@mrtobiasreiper4714 Год назад
Do we need to upload any additional document like how they asked you while transferring money from Instarem to Expatrio Blocked Accout?
@Rajat_Sharma_Vlogs
@Rajat_Sharma_Vlogs Год назад
Yes they may need a proof of education related transaction. So they will accordingly ask for needed docs on case to case basis.
@muhammadafsal854
@muhammadafsal854 Год назад
Hi bro im planning to transfer fund to my blocked account. If i transfer 5L from father account and 5L from mother instarem account will i only need to pay 0.5 tax or is it 5?
@mohdzaki6084
@mohdzaki6084 2 года назад
Western union was charging lower money than instarem, why didnt u go with wu?
@Rajat_Sharma_Vlogs
@Rajat_Sharma_Vlogs 2 года назад
Because Western union doesn't guarantee the exact amount will be received by recipient, they infact mention that additional transfer charge can be deducted... Whereas Instarem guarantee exact amount... So just to save small amount I didn't want to risk my transaction getting cancelled by Uni, and it can delay the admission process and impact Visa process, plus it can complicate the 5% tax limit as well, because while filling ITR extra proof may be needed to show if transaction gets cancelled... Uni need exact amount shared, else it is hard for them to track, 1000s of students send money to the same uni account...
@ishratmumtaz1687
@ishratmumtaz1687 Год назад
Hii, can i make an account with my name and then transfer money through my father's account to my university?
@Rajat_Sharma_Vlogs
@Rajat_Sharma_Vlogs Год назад
No. Instarem account name and the associated back account name should be same. So instarem account should be in ur father's name. But u can still send money to ur uni using it.
@rakshitverma4499
@rakshitverma4499 2 года назад
Hello brother My uni is private . I have applied for visa .but the visa dates have did not come yet . So, plz tell.... do we have to pay the university tuition fee and blocked account money before the visa appointment ?
@Rajat_Sharma_Vlogs
@Rajat_Sharma_Vlogs 2 года назад
Blocked account and Tution fee should be paid before visa appointment date and all needed documents regarding same should be ready...
@satwikmadyarla359
@satwikmadyarla359 2 года назад
Hi bro... I need to transfer money to my blocked account but while choosing the corporate type transfer...it is asking me for the contact number of the recipient, which expartio has not sent me in the account confirmation details.... Could you please tell me which number should I give there?
@Rajat_Sharma_Vlogs
@Rajat_Sharma_Vlogs 2 года назад
11) Select Country:- Luxembourg 12) Address:-* Unit number house number:- 01 * Address line 1 :- 2 Avenue Amelli * Address line 3:- Luxembourg *City :- Luxembourg*Postal code :+ L1125 Contact details - Country code:-+91 Mobile number:- your mobile number Email:- your email In the UNIT Number part type 01 13) mobile number :-ur Indian mobile number E-mail :- your email this is from Bharat in Germany's website... all details here - bharatingermany.com/how-to-use-instarem-for-blocked-account-money-transfer-to-germany/
@CHETANBHAIGAMING
@CHETANBHAIGAMING 8 месяцев назад
Bro... Can i university fee from india to crypus from instarem
@vivamemes1576
@vivamemes1576 Год назад
Bro in Expatrio they are having their own wire transfer but I have sent up to 7,00,000 in my pan number can we send money using my mother’s account in their own wire transfer without any taxes?
@ishratmumtaz1687
@ishratmumtaz1687 Год назад
Hi i made a transfer on 2nd oct, it has been 5 days now, it still shows processing what to do?
@Rajat_Sharma_Vlogs
@Rajat_Sharma_Vlogs Год назад
University fee transfer? By which payment method?
@ishratmumtaz1687
@ishratmumtaz1687 Год назад
@@Rajat_Sharma_Vlogs No, I made a transfer to pay my rent in germany. Through NEFT
@Rajat_Sharma_Vlogs
@Rajat_Sharma_Vlogs Год назад
@@ishratmumtaz1687 Ok... Rent to Hostel or Private landlord? And did you send money directly to European account from Indian account? or did you use any service like Western union, Wise or Instarem?
@ishratmumtaz1687
@ishratmumtaz1687 Год назад
@@Rajat_Sharma_Vlogs I used instarem and to private landlord. I made the transaction on Oct 2nd and till now it shows "processing" on Instarem. What to do?
@ramsheedc9156
@ramsheedc9156 2 года назад
Can anyone tell me , how to pay tuition fees to my Finland university
@Rajat_Sharma_Vlogs
@Rajat_Sharma_Vlogs 2 года назад
Uni should give the bank account detail - you may transfer using Western Union, Instarem, Wise like services, if you don't have education loan, else in case of loan bank may transfer directly to Uni's account...
@ramsheedc9156
@ramsheedc9156 2 года назад
@@Rajat_Sharma_Vlogs bro , is there any transfer limit for the transfer portals like instarem Actually I wanna send 9000 euro to Finland in one transaction ! Is it possible ? Please suggest me best and affordable service ! Finally , is there any privilege for college tuitions fees Thank you in advance
@ramsheedc9156
@ramsheedc9156 2 года назад
What you suggest transfer from bank or other services ?
@Rajat_Sharma_Vlogs
@Rajat_Sharma_Vlogs 2 года назад
@@ramsheedc9156 I think Instarem allow 9k transaction in 1 go while Wester union and Wise have lesser limit, please check at their website, you can even initiate the payment and just test it, because processing of transferring money from your bank account to their bank account is separate process then initiating payment, after which you have 48 hours to complete transaction... And yes, you select transfer type as education purpose...
@Rajat_Sharma_Vlogs
@Rajat_Sharma_Vlogs 2 года назад
@@ramsheedc9156 I think 3rd party services are usually cheaper than Banks... In my case, I used a 3rd party service and not the bank...
@selvathibagar6017
@selvathibagar6017 2 года назад
bro can I send money to Germany's personal bank account from InstaReM.please reply...
@Rajat_Sharma_Vlogs
@Rajat_Sharma_Vlogs 2 года назад
Yes... You can so that, they will ask you the purpose while filling details and allow you accordingly...
@devangbhatt3096
@devangbhatt3096 2 года назад
Hi Rajat, Appreciate your efforts for sharing this information. I want to transfer money from my indian account to my Landlord's German Bank account to transfer rental money. I found Western Union is cheaper amongst all. But when I started with the process there they are asking for a transfer reason and I could see only one option in the drop-down list "Education fees". Can you tell me how to do this transaction? It will be really helpfull
@Rajat_Sharma_Vlogs
@Rajat_Sharma_Vlogs 2 года назад
Yes, WU only allow Oversee education category for individual transfer technically, to avoid any scams or fraud, commonly seen in private 1on1 transactions. They operate on huge scale and don't verify individual transaction manually. While Instarem/Wise may provide more relevant category options, acknowledge your transaction in right way, and may even have manual steps of verifying your transaction like ask you to upload some proof or id of recipient (which btw you must have anyway). If you wish you can still proceed with WU by selecting Oversee Education as option, the transaction will still be done, receiver should still get the money, but WU won't take any responsibility if you are caught up in any fraud, like fake renters, because technically you were only allowed for education related transfer to individual recipients...
@gglorymanunited
@gglorymanunited Год назад
@@Rajat_Sharma_Vlogs Bro how long does it take to receive the money with Instarem??
@Rajat_Sharma_Vlogs
@Rajat_Sharma_Vlogs Год назад
@@gglorymanunited 3-5 days usually.
@rashmis9123
@rashmis9123 2 года назад
Can I transfer from India to my Canadian account ?
@Rajat_Sharma_Vlogs
@Rajat_Sharma_Vlogs 2 года назад
Yes
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