Scotiabank GIC Process to follow from Pakistan

[eym_cancan]

Hi. Can you share that when you entered your name as Abc-xyz pkr. In the beneficiary information did you enter the name the same with with a "-" or like in the passport without any "-"?

 

[Haroonakhlaq]

This post will help many people who are applying from Pakistan. Kudos to you for putting in the time and effort!

Hi, i have a question, i paid my gic amount through my father bank account not from my personal account. That would be a problem for me?

 

[Abdussalam Khan]

Hi, i have a question, i paid my gic amount through my father bank account not from my personal account. That would be a problem for me?

Did they approved the transaction and sent you the investment letter?

 

[Haroonakhlaq]

Did they approved the transaction and sent you the investment letter?

No the amount has not been approved yet. I deposited the amount last week on Thursday.

 

[Abdussalam Khan]

No the amount has not been approved yet. I deposited the amount last week on Thursday.

I guess you can only pay through your personal account or a joint account with parents.

 

[Ahmedafzal8490]

Aoa i am 17 years old right now and received letter of offer today i went to banks to open my pkr account for depositing GIC amount but they rejected and said that international transactions cannot be made from minors account anyone has information?

 

[mostafa.omar]

I got refusal of my study permit and i was applying for refund of my Scotia bank student Gic funds and waited 20 days. Scotia processed my application and released my funds to my bank account in pakistan ( which i haven't received yet) but other day i got an email from scotiabank that my refund wire got rejected and thay mentioned a reason of rejection as " BANEFICIARY BANK RETURNED. UNABLE TO APPLY DUE TO NO CAD CORRESPONDENT BANK FOR BENEFICIARY BANK". can anyone help me to understand this problem. When i contacted Scotia bank thay said contact to your bank in pakistan as it is rejected by beneficiary bank. And when i am contacting my bank in pakistan thay said "we don't know anything. We haven't rejected any payment". My band account in pakistan is in SAMBA bank and it is a US DOLLAR account. Is there anyone who knows the solution for this.

Same problem, Refund rejected twice, the reason scotia bank is giving is rejected by your bank for compliance reasons. what was resolution to the problem brother