Administrative Charge
An administrative charge of £45 per transaction will be added to your account where a cheque, Recurring Card Payment (RCP) or Direct Debit (DD) instalment is rejected by your bank or credit card issuer.
Bank Charges and Exchange Differences
All bank charges including exchange rate shortfalls become the liability of the student.
It is important that you are aware of the risk/impact of foreign currency movements and fluctuations on your tuition fee cost, and this may result in you having insufficient funds at point of exchange to pay your tuition fees at payment due dates. Changes in exchange rate and currency devaluation are not acceptable reasons for non-payment of tuition fees.
You can protect yourself from this risk by either:
- paying your fees in full at registration; or
- as a minimum, convert from your local currency to GBP as early in the process as possible.
The above will provide protection from future foreign currency fluctuations (even if you pay in instalments) that can materially impact the cost to you in your local currency.