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GIC process for CIBC- simple and easy

student2306

Member
Jul 2, 2019
14
1
Follow these steps to get GIC done in two days from CIBC:
Note: This is specific for Indian International students.
  • Go to https://isbo.cibc.com/#/payment
  • Choose India as country and see the quote. This is the forex rate at which CIBC is offering the GIC. Once you proceed this will freeze. You can choose to monitor the rate and freeze it when it's low.
    You have to send this amount via RTGS ( minimal bank charges for that)
  • Click on Student Information and fill in the details. Don't change anything which is selected by default like - What is the Intended Use of this Account?, Your Occupation Category, Your Occupation Description
  • You can fill in a referral email ID to get referral bonus of 25$.
  • After you submit, you will get payment instructions in two hours (this depends if the bank is working on that day, register during their working hours to get it faster)
  • CIBC has an overseas account in Standard chartered Mumbai and you have to send the amount via RTGS. Once this is done, take the RTGS reference number.
  • The A2 form which is sent along with payment instructions is necessary to be filled for foreign transfers. Following is the mail received from CIBC which mentions how to fill it.
You may fill an A2 form on your own, also there is no need for bank to stamped it.
Please note that without completed A2 form, the transaction cannot be processed and will be returned to your account. Please refer to the instruction sheet that was provided to you and fill the A2 form.

Mandatory fields that must be filled out on the A2 form include:
a- RTGS/NEFT Reference Number (Page 3)
b- Bank and Branch name (Page 3)
c- Account Number (Page 3)
Please note that this must be the account number for which the payment is originating from. In the case that the payment is sent to Standard Chartered Bank from the student’s local bank’s account number or the student’s loan account, that is the account number the student must write down, not the student’s personal account number.
d- Payer signature (Page 4)
Kindly send completed A2 form to both Mailbox.ISBO@cibc.com and payments.che@sc.com in JPEG/ PDF format within 1 business day from sending your payment.

You will receive an email confirming your payment is processed to your account. Once payment is processed your will receive GIC certification in 3-5 business days.
 

Saranya96

Hero Member
Feb 19, 2019
210
11
Follow these steps to get GIC done in two days from CIBC:
Note: This is specific for Indian International students.
  • Go to https://isbo.cibc.com/#/payment
  • Choose India as country and see the quote. This is the forex rate at which CIBC is offering the GIC. Once you proceed this will freeze. You can choose to monitor the rate and freeze it when it's low.
    You have to send this amount via RTGS ( minimal bank charges for that)
  • Click on Student Information and fill in the details. Don't change anything which is selected by default like - What is the Intended Use of this Account?, Your Occupation Category, Your Occupation Description
  • You can fill in a referral email ID to get referral bonus of 25$.
  • After you submit, you will get payment instructions in two hours (this depends if the bank is working on that day, register during their working hours to get it faster)
  • CIBC has an overseas account in Standard chartered Mumbai and you have to send the amount via RTGS. Once this is done, take the RTGS reference number.
  • The A2 form which is sent along with payment instructions is necessary to be filled for foreign transfers. Following is the mail received from CIBC which mentions how to fill it.
You may fill an A2 form on your own, also there is no need for bank to stamped it.
Please note that without completed A2 form, the transaction cannot be processed and will be returned to your account. Please refer to the instruction sheet that was provided to you and fill the A2 form.

Mandatory fields that must be filled out on the A2 form include:
a- RTGS/NEFT Reference Number (Page 3)
b- Bank and Branch name (Page 3)
c- Account Number (Page 3)
Please note that this must be the account number for which the payment is originating from. In the case that the payment is sent to Standard Chartered Bank from the student’s local bank’s account number or the student’s loan account, that is the account number the student must write down, not the student’s personal account number.
d- Payer signature (Page 4)
Kindly send completed A2 form to both Mailbox.ISBO@cibc.com and payments.che@sc.com in JPEG/ PDF format within 1 business day from sending your payment.

You will receive an email confirming your payment is processed to your account. Once payment is processed your will receive GIC certification in 3-5 business days.
While creating my account I have done small mistake in address column. How can I contact them? I need to update my address
 

selvakk

Champion Member
Nov 28, 2018
2,414
529
Hi, I am trying to register CIBC SCB account with citi for RTGS payment. What should be account type i need to select.

I need to select whether is "savings" or "current"
and
whether it is "domestic","nre" or "nro".
It would be a current account and domestic.
 
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SHEIK IMRAN

Newbie
Jan 3, 2020
2
0
I forgot to submit my A2 with payment. I submit my A2 to both mail Id's after 1 week of payment. But I didn't receive any mail for confirmation still. Guys suggest me what to do now.
 

Luke Pais

Newbie
Apr 26, 2021
2
0
I forgot to submit my A2 with payment. I submit my A2 to both mail Id's after 1 week of payment. But I didn't receive any mail for confirmation still. Guys suggest me what to do now.
I'm facing the same issue. Rather than filling the A2 form, I filled and submitted the Local RTGS of my bank. so will it be a problem?
 
Jun 1, 2021
3
0
Hi,
I have a doubt regarding CIBC GIC
I am using internet banking and when filling the A2 form, I dont know what to be filled under AD Code No and form no
Kindly advise me how to get those no or is it mandatory if payed via internet banking
 

ShinyCobra

Newbie
May 14, 2021
8
0
24
Gujarat, India
Category........
STUDY
I paid my college fees(RTGS) through cibc bank and i forget to write ID and REFERENCE CODE. The Payment will be refunded to my college will recieve the payment?

AND there was not a single option for id and reference code to write