CIBC GIC is better
- Thread starter kk2018
- Start date
I don't think it would be an issue. To be on the safe side and if you have some buffer time then you can email CIBC ISBO mailbox. You can find their email id on their website. They are fast in responding over the email.Hi,
If I send the money from an account which is a joint account with my father to cibc is there any issue
You can open a bank account on your name and make transfer from there. It doesn't take more than 2-3 days for the whole process. Try Axis or ICICI, if that's convenient. Almost all banks allow to open an individual bank accounts for minor. For eg: Pehli Udaan bank account is offered by SBI for the children of age between 10 and 18.As I am a minor with 17 years so they start an account which is joint
Can anyone please help me with my cibc gic. I have made a mistake in creating account. As i wrote my present address at the time of registration and my passport has my home address,i have contacted to cibc but they are telling me that they can’t change address right now,they can only change once i reach canada. I am in big confusion that might me my visa will be rejected because of different address in passport and gic certificate. Help me regarding this
did you already made the payment? If not, then try to create a new account with the correct address as in passport.Can anyone please help me with my cibc gic. I have made a mistake in creating account. As i wrote my present address at the time of registration and my passport has my home address,i have contacted to cibc but they are telling me that they can’t change address right now,they can only change once i reach canada. I am in big confusion that might me my visa will be rejected because of different address in passport and gic certificate. Help me regarding this
If you already made payment then you may try to explain and convince CIBC stating your concern about visa situation and explain that your address in passport is the right address etc.
Hello guys!
Can someone please help me in this. I made payment to Standard Chartered Bank Mumbai as per payment instructions on 13.08.2019 and also sent the A2 form with RTGS ref no., PAN No., Account no. and Signature. However, I haven't got any confirmation for receipt of payment. The status on the ISBO portal still shows "INITIATED".
Please guide me about the processing time.
Can someone please help me in this. I made payment to Standard Chartered Bank Mumbai as per payment instructions on 13.08.2019 and also sent the A2 form with RTGS ref no., PAN No., Account no. and Signature. However, I haven't got any confirmation for receipt of payment. The status on the ISBO portal still shows "INITIATED".
Please guide me about the processing time.
The processing time is generally 2-4 business days.Hello guys!
Can someone please help me in this. I made payment to Standard Chartered Bank Mumbai as per payment instructions on 13.08.2019 and also sent the A2 form with RTGS ref no., PAN No., Account no. and Signature. However, I haven't got any confirmation for receipt of payment. The status on the ISBO portal still shows "INITIATED".
Please guide me about the processing time.
Its already 4 working days since I made the payment. Still haven’t got any update.The processing time is generally 2-4 business days.
No email of confirmation of payment yet?Its already 4 working days since I made the payment. Still haven’t got any update.
No, I dropped them email to confirm. They replied that your payment is still likely on its way. It takes 2-5 business days to process the payment.No email of confirmation of payment yet?
After this email, status on the login portal changed from INITIATED to IN PROGRESS.
I think you should get something in 1-2 days. If you are worried then you may check with your local bank. If everything good at your local bank then try to reach out to the intermediate bank (I guess it is Standard Chartered Bank). After 5-6 working days, you can again email ISBO.No, I dropped them email to confirm. They replied that your payment is still likely on its way. It takes 2-5 business days to process the payment.
After this email, status on the login portal changed from INITIATED to IN PROGRESS.
I called CIBC helpline today and they informed that my funds have already been received but have been deposited into the Chequing account. They told me to drop email with request to transfer funds from chequing account to GIC and issue GIC letter. I have dropped email and waiting for the response. Let's see what they do. I was worried about my funds but confirmed that my funds are with them. I just need to communicate with them to transfer funds. If anyone had idea about things like this, plz help.I think you should get something in 1-2 days. If you are worried then you may check with your local bank. If everything good at your local bank then try to reach out to the intermediate bank (I guess it is Standard Chartered Bank). After 5-6 working days, you can again email ISBO.
I am not aware of anything like this... but it could be possible that while filling out the online form, you selected other options other than the GIC. However, as CIBC confirmed that they will transfer fund to GIC, then you should be good. Only concern is that you have to wait for some time to get the letter.I called CIBC helpline today and they informed that my funds have already been received but have been deposited into the Chequing account. They told me to drop email with request to transfer funds from chequing account to GIC and issue GIC letter. I have dropped email and waiting for the response. Let's see what they do. I was worried about my funds but confirmed that my funds are with them. I just need to communicate with them to transfer funds. If anyone had idea about things like this, plz help.
Even I don’t know the reason behind this. But I am sure that I opted for Student GIC program for which i got the confirmation also stating that -I am not aware of anything like this... but it could be possible that while filling out the online form, you selected other options other than the GIC. However, as CIBC confirmed that they will transfer fund to GIC, then you should be good. Only concern is that you have to wait for some time to get the letter.
You have successfully enrolled in the Student GIC Program and your account has been opened.
I made the payment as per the payment instructions. Don’t know why this happened to me.
Anyway, I am waiting for their response now. Hope for the best.