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Guys I transferred funds (CAD 10100$)on 26/6/13 from kotak mahindra bank delhi.
I emailed scotia bank for the GIC certificate and they replied:
Dear Applicant,
Further to your query, we haven't received your funds as of today (3rd July 2013) and hence the GIC has not been issued. The GIC will be issued within 3 business days upon receipt of funds in your account.
Please note the following :
Only funds transferred from the student’s bank account in India will be accepted for funding the GIC. A total of $10,100 CAD must be received by Scotiabank in Canada
Do NOT use money transfer services other than Banks.
Do NOT have a third party deposit funds into your GIC Investment account on your behalf.
Guys Please suggest and help me out.
What should i do?
Chauhan1223 said:
Guys I transferred funds (CAD 10100$)on 26/6/13 from kotak mahindra bank delhi.
I emailed scotia bank for the GIC certificate and they replied:
Dear Applicant,
Further to your query, we haven't received your funds as of today (3rd July 2013) and hence the GIC has not been issued. The GIC will be issued within 3 business days upon receipt of funds in your account.
Please note the following :
Only funds transferred from the student's bank account in India will be accepted for funding the GIC. A total of $10,100 CAD must be received by Scotiabank in Canada
Do NOT use money transfer services other than Banks.
Do NOT have a third party deposit funds into your GIC Investment account on your behalf.
Guys Please suggest and help me out.
What should i do?
Contact Bank.! ;D
Send email to studentgic@scotiabank.com from the email account that you have filled in forms. Attach bank swift copy with it.
lucky_always24 said:
Send email to studentgic @ scotiabank.com from the email account that you have filled in forms. Attach bank swift copy with it.
i emailed on this ID along with the attachment and then they replied the same that they havn't recieved the funds..

@Chauhan1223: I transferred my funds from HDFC bank through Wire transfer...It reached there in 48 hours and then they took 5 business days to send me the GIC certificate in mail. Dont worry they will respond in time.
thnx man

i went to my bank, they assured me that the money has been sent...
hope so bhai

Hi all
i need some help regarding the GIC thing, i am applying under SPP, i have the gic account details
1) is it necessary to make the GIC payment from a account that is in my name, i will be actually making the payment from my mothers account.
2) Since the scotia bank says that they need 10100 $ how much should i wire transfer considering that intermediary banks will debit their processing charges as well.
Kindly help.
Thanks
Can someone answer the above question please???
jagjit said:
Hi all
i need some help regarding the GIC thing, i am applying under SPP, i have the gic account details
1) is it necessary to make the GIC payment from a account that is in my name, i will be actually making the payment from my mothers account.
2) Since the scotia bank says that they need 10100 $ how much should i wire transfer considering that intermediary banks will debit their processing charges as well.
Kindly help.
Thanks
Hi
Dnt wrryy..
Policy of scotiabank says dat u can transfer d money either from ur own account or ur mother's or father's
So go for it ..
Hii can anyone help my guc soctia account is nit creating...
What did you fill in the beneficiary address your address in india or the banks adress???
scotia bank mailed me that there is already an application on my name
What did you fill in the beneficiary address your address in india or the banks adress???
Hi, I have a similar question. I have already created my account for GIC and address is my current address(which is also same as my address in home bank records) but my passport address is different( it was during my college and has address of hostel). Now I am not sure what address to add in beneficiary address while requesting the wire transfer.
Please help if have any information.
@Chauhan1223: I transferred my funds from HDFC bank through Wire transfer...It reached there in 48 hours and then they took 5 business days to send me the GIC certificate in mail. Dont worry they will respond in time.
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