TUITION-DIRECT · SOUTH & SOUTHEAST ASIA
1.8 million students from Bangladesh, Pakistan, Nepal, Sri Lanka, India, Vietnam, Myanmar and Indonesia study abroad every year. Their families burn USD 40 billion in tuition — most of it forced through hundi, hawala or undiyal because the legal channel doesn't fit the bill. ScalMoney Tuition-Direct pays the university directly. Fully compliant. Fully traceable. Zero hundi.
THE PROBLEM
USD 40B
Annual tuition outflow from South & SE Asia
USD 60K+
True cost of one year abroad (tuition + living)
70%
Of families forced into hundi or hawala channels
Every central bank in the region has the same loophole: paying a verified foreign educational institution directly is permitted outside the personal FX cap. Western Union, Wise and Remitly don't do it — it requires university-by-university onboarding. We do.
EIGHT CORRIDORS
Same product. Same compliance engine. Different sponsor bank, different regulator filing. Launching Bangladesh first, then rolling across the region quarter by quarter.
| Country | Students Abroad | FX Cap | Regulator | Status |
|---|---|---|---|---|
| 🇧🇩Bangladesh | ~50,000 | USD 10,000/yr | Bangladesh Bank | Live |
| 🇵🇰Pakistan | ~70,000 | USD 70,000/yr (restricted) | State Bank of Pakistan | Q1 2026 |
| 🇳🇵Nepal | ~110,000 | Per-semester NRB approval | Nepal Rastra Bank | Q1 2026 |
| 🇱🇰Sri Lanka | ~30,000 | Frozen since 2022 | Central Bank of Sri Lanka | Q2 2026 |
| 🇮🇳India | ~1,300,000 | USD 250,000 LRS | Reserve Bank of India | Q2 2026 |
| 🇻🇳Vietnam | ~200,000 | USD 50,000/yr | State Bank of Vietnam | Q3 2026 |
| 🇮🇩Indonesia | ~60,000 | Bank Indonesia restricted | Bank Indonesia | Q3 2026 |
| 🇲🇲Myanmar | ~20,000 | Effectively blocked | Central Bank of Myanmar | Q4 2026 |
HOW IT WORKS
We onboard universities in Australia, the US, UK, Canada and beyond — confirming their official tuition bank accounts directly with the bursar's office.
Parents upload the university invoice / offer letter. Our compliance team matches the amount, student ID, and semester to the verified institution.
Funds move from your Bangladesh bank straight to the university's account abroad. The student never touches the money — that's what makes it unlimited and legal.
Filed under the direct educational expense provision — outside the USD 10,000/year student file cap. Full audit trail, official receipt from the university.
The university confirms receipt directly to the student portal. No more chasing wire copies, no more late-fee penalties at registration.
Sydney, Melbourne, Toronto, London, Boston, Kuala Lumpur — one ScalMoney account pays every semester, every institution, every currency.
THE LEGAL BASIS
Bangladesh Bank's Guidelines for Foreign Exchange Transactions (GFET) treat direct payment of tuition fees to a recognised foreign educational institution as a remittable current-account transaction — not a personal remittance.
That means: as long as the funds move bank-to-bank, in the institution's name, against a verified invoice, the USD 10,000 student file cap does not apply. Living expenses still sit under the student file. Tuition does not.
Every Tuition-Direct payment is filed by an Authorised Dealer bank with the correct purpose code, a copy of the invoice, and the official university receipt — giving the family a clean paper trail they can show BFIU or NBR at any time.
Upload the invoice. We verify the university, file the paperwork, and pay the bursar directly. You get the official receipt in the student portal — usually the same day.