..........Instead of making a wire transfer, students will now have the option of depositing the university tuition fee at a local bank account courtesy ‘PaytoStudy’, an online payment system from Ireland-based Taxback Group, its Chief Executive Officer Terry Clune, told Business Line. The Reserve Bank of India had recently approved of the company’s proposal and has given it a licence to transfer funds for Indian students paying for their overseas studies, Clune said on the sidelines of a media interaction.....
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