We don’t offer the option to make a tuition/residence fee payment in GBP with a card issued outside the UK anymore as these transactions are expensive to process.
What is Global-Pay for Students (GPfS)?
GPfS is a payment platform hosted by Convera. The platform offers students transparency over exchange rates and a range of international debit and credit card payment options in their local currency in over 135 countries. GPfS also provides bank transfer options in both local and domestic currencies in almost 150 different countries.
Why are GBP payments with a non-UK-issued card expensive to process?
Converting money from one currency to another is a relatively low-cost task for a financial services provider.
However, transferring that money across a country border is very expensive for the end recipient who’s paying the cost of the transfer. Foreign currency exchange providers often charge a foreign exchange margin to cover the costs of these transactions.
Our partner Convera offers you multiple competitively priced alternative payment options through GPfS, including bank transfers and other real time options.
Important to know: This does not impact pound sterling (GBP) payments with cards issued in the United Kingdom.
How can I pay my tuition/residence fee using GPfS?
We strongly recommend that you avoid converting your local currency into GBP and loading it on to a credit card issued outside of the UK, and instead either:
- Convert and deposit your GBP funds into an accessible bank account where you can make your payment to King’s College via an international bank transfer on GPfS (making sure you familiarise yourself with any associated transfer costs that your bank/a third party may charge)
or
- Make your payment using one of the alternative local currency options provided on GPfS
Check out our article How to pay my fees to learn about the different payment options available on the platform and the processes you need to complete.
I need help, who can I contact?
If you need further help or support with your payment through the GPfS platform, feel free to contact our Credit Control team.