There are a lot of things we need to prepare before going to Singapore to study, and there are also many aspects to pay attention to about funds. The following is the matters needing attention about funds for studying in Singapore.
The preparation of funds to study in Singapore should pay attention to what problems to prepare financial proof in advance to go abroad, the first thing to do is to apply for a visa, and do a visa requires deposit certificate and other materials.
Different countries require different time for the deposit certificate. The applicant had better check the information from the official website of each consulate.
Generally SPEAKING, THE CAPITAL ACCOUNT THAT USES TO GO ABROAD TO APPLY FOR HAD BETTER BEGIN TO PUT IN THE YEAR BEFORE APPLICATION, AND HAD BETTER HAVE MUCH DEPOSIT EXPENDITURE RECORD, NOT BE ONE-TIME THE LARGE AMOUNT OF HUNDREDS OF THOUSANDS OF YUAN DEPOSITS.
Some countries also require an explanation of the source of funding, and applicants should be prepared to prove it.
Overseas remittance is also an inevitable part of overseas study finance, whether it is to pay tuition or living expenses, it will be involved.
But there are many forms of remittance, which one is right for you?
At present, overseas telegraphic transfer, Moneygram and other remittance methods are widely used.
Overseas telegraphic transfer is relatively safe, with a maximum of $50,000 per year. It is suitable for remittance of tuition fees and other large capital expenditures, but it takes 2-3 working days to reach the account.
At the same time, overseas telegraphic transfer will generally charge 1% of the remittance amount.
As a service charge, and charge 100 yuan for mail and wire remittance.
However, the daily limit of Moneygram business is $10,000, which can be transferred to the bank in 10 minutes, and the remittance can be made by any bank with MoneyGram business overseas.
Moneygram business is relatively easy to transfer money. It does not need to provide relevant information of overseas bank account, and the payment can be made directly through password.
Fees range from $13 to $35.
Dual-currency credit cards help parents worry about their children studying abroad.
Money to the fear of children spend too much, money to the fear of children not enough.
In fact, facing these problems, parents only need to apply for a dual currency credit card with a supplementary card in China to solve.
The main card holder can set the consumption limit of the supplementary card within his credit limit, and there are SMS reminders for each consumption, so that parents can not only keep track of their children’s overseas consumption situation, but also directly repay the credit card in China through RMB.
According TO THE INTERIM MEASURES FOR ENTRY AND EXIT Administration OF Carrying Foreign CURRENCY IN CASH, THE AMOUNT OF RMB THAT PASSENGERS CAN CARRY INTO AND out of the COUNTRY is LIMITED TO RMB 20,000.
In case of policy adjustment, the actual handling result of the competent customs shall prevail.
For those who carry foreign currency abroad, the following provisions shall be followed: 1. For those who carry cash less than the equivalent amount of US $5,000 abroad, they do not need to apply for an Exit Permit for Carrying Foreign Currency, and the customs will release them.
2. If an outbound person carries an amount of more than $5,000 to $10,000, he/she shall apply to the bank for a “Carry Permit”, which shall be released by the Customs on the strength of the “Carry Permit” stamped with the bank seal.
For the use of more than one “Carry Permit”, the total amount exceeds the equivalent $10,000, the customs will not release.
Payment of tuition fees Fees can be paid by UnionPay card, credit card, check, bank draft or wire transfer.
Students are required to pay according to the amount of payment in the contract.
Some schools also accept Alipay and wechat.
Most shopping malls and tourist areas in Singapore have opened Alipay payment, basically can realize cashless payment.
On university campuses, many vending machines also support Alipay and wechat payment.
Students can use NetsFlashPay, which has been distributed by the university since the beginning of the semester, to pay in the dining room.
Before arriving in Singapore, flight attendants will usually issue an “Incoming Passenger Registration Card” to passengers with either a study or tourist visa.
Upon arrival, the students will follow the signs at the airport to enter the arrivals hall. For entry screening, they will be required to present their passports, entry cards and student visa approval letters sent to them in advance by the university.
After entry, the entry part of the entry card will be retained by the customs officer. The departure part, the student visa approval letter and the passport will be returned to you.
Here is the key point, students must save the customs return part of the departure card!
If you encounter any problems when entering the country, please do not panic. Please contact the emergency contact provided by the University as soon as possible, and the University will provide corresponding assistance.
