Setting up International Payments

How does Knoma distribute funds to international Education Partners?

Transferwise

Wise is a fast, easy and simple method to transfering funds overseas. As an international Education Partner, Knoma aims to distribute loan funds in a swift and frictionless to you.

The transferring process is completely online and allows for a cheaper and swifter transfer of funds to your accounts team, you are even able to use the Wise calculator to find out the fees and exchage rate upfront, without logging in.

https://youtu.be/MLKKzRvOsLQyoutu.be

If you operate outside the United Kingdom - set-up your Wise account here.