WCIS Payment Terms and Methods

Notice For Withdrawal:

In accordance with the College’s terms and conditions, parents are reminded that if they wish to withdraw their child from the College, they must give one full term’s notice, or pay one full term’s fees in lieu of notice. This means that:

If you wish to withdraw your child at the end of the Summer Term (i.e. end of the academic year), notice should be submitted by 1 April

If you wish to withdraw your child at the end of the Michaelmas Term (i.e. in December), notice should be submitted by 1 September

If you wish to withdraw your child at the end of the Lent Term (i.e. in March/April), notice should be submitted by 5 January

Notice is given by delivering a completed Withdrawal Form to the Master or the Director of Admissions by the dates referred to above. Withdrawal Forms can be collected from the Admissions Office or by emailing admissions.shanghai@wellingtoncollege.cn.

In circumstances where the Parents have not given a full term’s written notice for withdrawal, Parents will be required to pay a term’s fees in lieu of notice. Fees in lieu of notice means tuition fees in full at the rate applicable for the next term following withdrawal. One term’s fees in lieu of notice represents a genuine pre-estimate of the College’s loss in these circumstances, and sometimes the actual loss to the College will be much greater. This rule is necessary to promote stability and the College’s ability to plan its staffing and other resources.

Receipt And/Or Fapiao Return:

In order to ensure that the Resource Fee is returned to the proper party, the official receipt issued by the College when the Resource Fee was first paid, must be returned to the College before the Resource Fee can be refunded.

The College will issue official tax receipts (fapiao) for Tutiions Fee and bus fees payments. Please contact the Finance Office to receive your fapiao after the fees have been paid. For any refund of College fees, the original fapiao must be returned back to the College. Failure to do so will result in additional tax charges being levied per government requirements.

Fapiao’s are not issued for the Resource Fee which is refundable under normal circumstances. Fapiao’s for the lunch fee and uniform fee are issued by the service providers.

Methods:

Payment can be credited to the school bank account via bank transfer or made by cheque using the following currencies, RMB, US$, GBP or HK$. Cash payments must be made in RMB. If parents/guardians decide to use a bank transfer, a copy of the bank remittance, together with the pupil’s name and year group, must be submitted to the Finance office. When paying by bank transfer in foreign currencies, the received amount will be confirmed upon the fund arrival date. The prevailing exchange rate is published on the College website as provided by the Bank of China. Any shortfall in amounts received by the College, for any reason, will be due on demand or carried forward to the next invoice at the College’s discretion.

Bank Account Information RMB Payment USD / GBP / HK$ Payment
Beneficiary Name 上海惠灵顿国际学校 Wellington College International Shanghai
Name of Bank 工商银行上海市世博支行 Industrial and Commercial Bank Of China, Expo Branch
Bank Address No.12 Yao Hua Rd, Pudong New Area Shanghai 200126, PRC
Bank Account Number 1001 3206 0900 6600 066 1001 3206 0914 8200 154
Swift code ICBKCNBJSHI
Reference Invoice number or pupil name and year group Invoice number or pupil name and year group