L lion1998 Full Member Dec 15, 2020 22 1 Jan 18, 2021 #1 Same as the title. I have a US dollar account and planning to do the GIC process. However, will GIC only accept the local currency? Or would a US account be sufficient?
Same as the title. I have a US dollar account and planning to do the GIC process. However, will GIC only accept the local currency? Or would a US account be sufficient?
B bongoman VIP Member Dec 3, 2014 4,174 812 Jan 18, 2021 #2 Would depend on your bank, they need to send CAD to the Canadian bank you are opening your GIC with.