Opening of bank account

As an international student in a foreign land one of the most important things that students are advised to do is to open a local bank account. This is extremely important as a localized bank account facilitates transfer of funds and is useful when the student gets a part-time job and salaries to be credited.

In most institutions, scholarships are disbursed and deducted from the fees to be paid. There are private grants, bursaries and travel allowances for research scholars that are credited into the students’ account; hence it is vital that international students open a local back account within the first few days of joining university.