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CIBC GIC is better

Neelam_Thuls

Star Member
Jan 29, 2021
105
23
Hi Friends,
I made my GIC payment today.
I faced two issues : The bank where I am holding account (Axis Bank) was totally clueless about where to put "ISBO 2020" ! They said there was no such column/space in the RTGS form where these words could be mentioned. Upon my insistence, they asked me to write these words in "special mention" column. I did that. They showed me that the payment was received and accepted by beneficiary bank (Standard Charted Bank). Do I need to worry ?
Secondly, the form is A2/Declaration form ( not only A2). It is declaration under FEMA. Is this declaration form also to be signed, scanned and mailed to the bank ?
Kindly enlighten me.
Regards
Hai,
Payment completed, right!! Then,
You have to fill the A2 form, put your signature also, and send the scanned copy to CIBC in an e-mail. Then, upload the filled A2 form and GIC payment copy in the CIBC account.
This is what I did.
 
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VishnuJ2796

Hero Member
Dec 18, 2018
328
40
CIBC insists that the sending bank has to sign and send the A2 form to them but the bank in India won't do that because as per them A2 form is to be sent only when money goes out of the country from their bank. Since, they are sending money to SC bank located in Mumbai, bank won't sign it so you yourself have to fill, mention rtgs number and sign the A2 form and send it to CIBC.
 
May 11, 2021
7
2
CIBC insists that the sending bank has to sign and send the A2 form to them but the bank in India won't do that because as per them A2 form is to be sent only when money goes out of the country from their bank. Since, they are sending money to SC bank located in Mumbai, bank won't sign it so you yourself have to fill, mention rtgs number and sign the A2 form and send it to CIBC.
Cibc email id please
 

VishnuJ2796

Hero Member
Dec 18, 2018
328
40
Please read the instructions sent by cibc. Every detail will be mentioned in their correspondence with you. Their email ID also.
 

VishnuJ2796

Hero Member
Dec 18, 2018
328
40
In A2, just fill the rtgs no., name and branch of bank from where you sent the money, account no from which money was sent, and sign it with date. Your name and home address and other details should be already printed on A2. That is it. Scan and send it to those 2 email IDs.
 
May 11, 2021
7
2
In A2, just fill the rtgs no., name and branch of bank from where you sent the money, account no from which money was sent, and sign it with date. Your name and home address and other details should be already printed on A2. That is it. Scan and send it to those 2 email IDs.
Thank you so much .I did it .
 

dostum

Newbie
Mar 14, 2020
2
1
Hai,
Payment completed, right!! Then,
You have to fill the A2 form, put your signature also, and send the scanned copy to CIBC in an e-mail. Then, upload the filled A2 form and GIC payment copy in the CIBC account.
This is what I did.
Thanks Neelam !
Received GIC today. Quite fast I must say.
Once again, thanks for response.
Btw, which province/program//college did you apply to ?
 
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Aesopzai

Hero Member
Nov 22, 2014
640
178
Hi all..
Can anyone tell me how do we send the 10000 CAD from home country to the bank in Canada where my account is opened? Do we have to open a seperate dollar account for this purpose or should I send it from my current account which I am using..
Anyone?? Plz help
 

Neelam_Thuls

Star Member
Jan 29, 2021
105
23
Thanks Neelam !
Received GIC today. Quite fast I must say.
Once again, thanks for response.
Btw, which province/program//college did you apply to ?
Super!! You're welcome. I said just, what I did.

Administrative Professional in NBCC, NB.

What abt you??
 
Last edited:

sqfit

Hero Member
Jan 16, 2020
418
159
Hai,
You have to fill the A2 form, put your signature and send the scanned copy to CIBC in an e-mail. Then, upload the filled A2 form and GIC payment copy in the CIBC account.
This is what I did. I got the certificate successfully.
How much funds did you show for SP and SOWP? Also what did you show as home ties?