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How do you pay GMAT fees from UK bank account or credit card?

Paying the GMAT fee from a UK bank account or credit card is generally straightforward, but you need to ensure compatibility with the payment processor used by the GMAT. Here's a breakdown:

* Accepted Payment Methods: The GMAT exam accepts major credit cards (Visa, Mastercard, American Express, Discover) and sometimes debit cards. However, *not all debit cards are accepted*, and this varies by region and issuing bank. It's best to check directly with the GMAT website's fee payment section for the most up-to-date list.

* Currency: The fee will be charged in US Dollars (USD). Your bank will convert the currency at their exchange rate, which may include fees. Check your bank's foreign transaction fees beforehand. This is usually a percentage of the transaction and could be significant.

* Direct Payment on the GMAT Website: The most common way is to pay directly through the GMAT website during the registration process. You will enter your credit/debit card details securely on their page.

* Potential Issues with Debit Cards: While some debit cards are accepted, others might be declined due to security measures or the type of debit card (e.g., some require a card verification value (CVV2) which may not always be available). A credit card is generally the more reliable option.

* Contacting Your Bank: If you encounter any problems, it's always best to contact your bank *before* attempting to pay. This allows you to confirm if your card is eligible for international transactions and what the associated fees are. If the payment is declined, your bank can assist in troubleshooting.

* Checking the GMAT Website: The official GMAT website is the definitive source for payment methods and any restrictions. Look for their FAQs or contact their customer support if you have any specific questions about payment from a UK bank.

In short, use a credit card if possible for a smoother transaction. If using a debit card, confirm its eligibility with your bank and the GMAT website *before* registering. Always check your bank's foreign transaction fees to budget accordingly.

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