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CIBC GIC Program

selvakk

Champion Member
Nov 28, 2018
2,407
526
Hey I have used your referral id and received the payment instructions. But is mentioned I must include Isbo year and my name in transfer message . I am trying to do rtgs online from sbi but I do not have the option of this transfer message. Do you know how can add that ?
It is called remarks or something else, It will be a text box
 

amsim89

Newbie
Nov 25, 2019
2
0
Thanxx shubhamnishad97 for using my email as referrel...
Coming to ur questions..
your payment instructions document contains 4 pages 1 is information , 2nd is step 1 which includes all the necessary information about account to which you need to neft and then comes step 2 or A2 form which you need to filled and stamped by your bank(by which you have paid).
Q. Bank may say that they will not stamp A2 form because they haven't sent money out of country.

But!! say to bank employer that cibc holds a vostro account in standard charter bank, mumbai (to which u will pay by neft). So according to rbi rules to pay in any vostro account u need A2 form.
Hopefully they'll do it!!
My bank also regretting to stamp A2 form initially but then they convinced.

I have made my payment for my GIC a/c in CIBC from Axis Bank.While transferring the amount my bank was not willing to include "ISBO 2019" in the payment details.I then sent an email to CIBC and they confirmed that even if it is not included it is fine.Also, it is alright if you are paying money from your loan a/c as long as your name in your loan a/c matches your name in your CIBC a/c.On the A2 form these things are mandatory and have to be filled out by the student:
- NEFT/RTGS reference no
-Bank and branch name
-Account number
-Payer signature

If anyone has any other queries and is from India you can call this number 1800121661661.This number is of CIBC (India branch)
 

Shreyash_46

Member
Nov 29, 2019
17
1
Hr
I have made my payment for my GIC a/c in CIBC from Axis Bank.While transferring the amount my bank was not willing to include "ISBO 2019" in the payment details.I then sent an email to CIBC and they confirmed that even if it is not included it is fine.Also, it is alright if you are paying money from your loan a/c as long as your name in your loan a/c matches your name in your CIBC a/c.On the A2 form these things are mandatory and have to be filled out by the student:
- NEFT/RTGS reference no
-Bank and branch name
-Account number
-Payer signature

If anyone has any other queries and is from India you can call this number 1800121661661.This number is of CIBC (India branch)
hey I m also going to do rtgs from my Axis bank. Can you tell me what Exact name did you write of Your bank?
And do bank people provide rtgs reference number ?
and did u write ISBO 2019 and if yes where exactly u wrote on the rtgs form
 

amsim89

Newbie
Nov 25, 2019
2
0
Hr


hey I m also going to do rtgs from my Axis bank. Can you tell me what Exact name did you write of Your bank?
And do bank people provide rtgs reference number ?
and did u write ISBO 2019 and if yes where exactly u wrote on the rtgs form
Hr

I actually I did my RTGS from my Axis bank loan a/c so my bank name a was little different.If you are doing from your savings a/c you can ask any employee of axis and they will tell you what to fill out.After your RTGS is done the bank WILL provide you with the reference which you then HAVE to write on the A2 form.Regarding the ISBO 2019 no need to worry about it.
 

Liezl@19

Newbie
Nov 29, 2019
1
0
My daughter is also experienced same case..got refusal for the same reason I am not satisfied that you will leave Canada at the end of your stay.based on the purpose of your visit. subsection 216 (1)IRPR
 

Shreyash_46

Member
Nov 29, 2019
17
1
I have made my payment for my GIC a/c in CIBC from Axis Bank.While transferring the amount my bank was not willing to include "ISBO 2019" in the payment details.I then sent an email to CIBC and they confirmed that even if it is not included it is fine.Also, it is alright if you are paying money from your loan a/c as long as your name in your loan a/c matches your name in your CIBC a/c.On the A2 form these things are mandatory and have to be filled out by the student:
- NEFT/RTGS reference no
-Bank and branch name
-Account number
-Payer signature

If anyone has any other queries and is from India you can call this number 1800121661661.This number is of CIBC (India branch)
I have received a mail from CIBC saying my account has opened but I cannoot find my account number written anywhere. Also there are only 2 documents and that also I need to download after logging into there ISBO login.
Can anyone help me with this
Also all detaiils are pre filled in my A2 form except the ones in the like AD Code No, Form Number and stating that all this details are to be filled by Locall Bank AD Dealer.
Can you help please as you did your payement last monday only so and from Axis Bank so our case does match
 

kevinmanuel

Newbie
Dec 16, 2019
2
0
I have received a mail from CIBC saying my account has opened but I cannoot find my account number written anywhere. Also there are only 2 documents and that also I need to download after logging into there ISBO login.
Can anyone help me with this
Also all detaiils are pre filled in my A2 form except the ones in the like AD Code No, Form Number and stating that all this details are to be filled by Locall Bank AD Dealer.
Can you help please as you did your payement last monday only so and from Axis Bank so our case does match
current status?
 

Refi

Newbie
Jan 25, 2020
2
1
I confirm that I have made a foreign exchange transaction under the "Liberalized Remittance Scheme"
No
Yes

The total amount of foreign exchange purchased from or remitted through, all sources in india during this calender year including this application is within USD 250,000the annual limit prescribed by Reserve bank of India for the said purpose.

Foreign exchange purchased from you is for remittance purpose.

I confirm that all the above information is accurate
What should i select???
 
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Vihang2580

Full Member
Jul 4, 2020
45
4
I confirm that I have made a foreign exchange transaction under the "Liberalized Remittance Scheme"
No
Yes

The total amount of foreign exchange purchased from or remitted through, all sources in india during this calender year including this application is within USD 250,000the annual limit prescribed by Reserve bank of India for the said purpose.

Foreign exchange purchased from you is for remittance purpose.

I confirm that all the above information is accurate
What should i select???
I have same questions, Did you get the answers? please reply, I am going to apply for GIC next week.
 
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Yangz

Hero Member
Jun 9, 2020
280
71
I confirm that I have made a foreign exchange transaction under the "Liberalized Remittance Scheme"
No
Yes

The total amount of foreign exchange purchased from or remitted through, all sources in india during this calender year including this application is within USD 250,000the annual limit prescribed by Reserve bank of India for the said purpose.

Foreign exchange purchased from you is for remittance purpose.

I confirm that all the above information is accurate
What should i select???
lucky you guys have 250,000 USD annual limit.
 

j8naid

Hero Member
Jun 25, 2020
316
47
Yess..i do
1.I found it very quick,
2. need to pay less as compared to scotia bank i.e. if u pay in CAD 150 extra
3. Ull get extra 25$ if u enter sukhwindersingh8172@gmail.com in refferal box.
Process..
1. Go to isbo.cibc.com
2. Select ur country.
3. Select payment currency, ill recommend INR for indians. Because u not need to pay extra 150$.
4. Then enter ur details in next page and upload ur offer letter "here u need to select referell program and enter my email sukhwindersingh8172@gmail.com and u will ger $25 extra with $2000 upon account activation in canada".
5. Within 2 days ull get details in which u will pay gic.
6. Details will be of 4 pages, each and every step will be mentioned there.(as i selected INR, thats why on details there was mentioned amount, beneficiary account standard charter bank Mumbai in my case)
7. Bring detais pages to bank and pay it by neft to mentioned account.
8. There will be A2 form with details which u need to fill up with banl stamp and mail it to mentioned email address.
9. Within 2 or 3 days u will get email of ur GIC conformation.
Hi,
Is it mandatory to upload the offer letter for the GIC? I thought of doing my medicals and GIC before I get my offer letter !