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GIC address issues

Harshal Bafna

Full Member
Jun 6, 2018
37
5
I have sent a wire payment for my GIC Scotia Bank on 5th June,2018. My Indian account was debited and Swift receipt received. However there were two addresses on the Scotia Bank Instructions page :

1)Sending Instructions to:
The Bank Of Nova Scotia
44King street West Toronto...
Swift code:NOSCCATT

2)Beneficiary Bank Info(Field 57)
The Bank of Nova Soctia
Transit 35972
4715 Tahoe Blvd,Mississauga,Ontario...
Swift code: NOSCCATTCOL

So I have entered the Benificary address in the form. And SWIFT receipt shows the same, but what is the use of the 1)SEND INSTRUCTIONS TO: ??

Because the Swift Receipt message header shows "Bank of Montreal" while Beneficiary shows 2)Beneficiary Bank Information(Field57). So is there any mistake in the Swift transfer?
 

kaur_sandeep7

Star Member
May 25, 2018
81
13
I have sent a wire payment for my GIC Scotia Bank on 5th June,2018. My Indian account was debited and Swift receipt received. However there were two addresses on the Scotia Bank Instructions page :

1)Sending Instructions to:
The Bank Of Nova Scotia
44King street West Toronto...
Swift code:NOSCCATT

2)Beneficiary Bank Info(Field 57)
The Bank of Nova Soctia
Transit 35972
4715 Tahoe Blvd,Mississauga,Ontario...
Swift code: NOSCCATTCOL

So I have entered the Benificary address in the form. And SWIFT receipt shows the same, but what is the use of the 1)SEND INSTRUCTIONS TO: ??

Because the Swift Receipt message header shows "Bank of Montreal" while Beneficiary shows 2)Beneficiary Bank Information(Field57). So is there any mistake in the Swift transfer?
I deposit my funds to SEND INSTRUCTIONS TO's Address. And I successfully received my GIC investment direction certificate after 2 days.
 

Harshal Bafna

Full Member
Jun 6, 2018
37
5
I deposit my funds to SEND INSTRUCTIONS TO's Address. And I successfully received my GIC investment direction certificate after 2 days.
So you did'nt have the Beneficiary details Option in your wire transfer form? Or you put the Send Instructions address in benificiary field? And which bank did you initiate the wire transfer from?
 

kaur_sandeep7

Star Member
May 25, 2018
81
13
So you did'nt have the Beneficiary details Option in your wire transfer form? Or you put the Send Instructions address in benificiary field? And which bank did you initiate the wire transfer from?
And yeah in beneficiary details I used my own details of India o_O
 

Harshal Bafna

Full Member
Jun 6, 2018
37
5
And yeah in beneficiary details I used my own details of India o_O
Thanks. So I have filled my Indian address in Beneficary information (field70) and Bank beneficiary info(field59) I have filled the Mississauga address. Do you think this address will be wrong?
 

kaur_sandeep7

Star Member
May 25, 2018
81
13
Thanks. So I have filled my Indian address in Beneficary information (field70) and Bank beneficiary info(field59) I have filled the Mississauga address. Do you think this address will be wrong?
You got your swift copy of wire transfer, now wait for 1 week atleast. If you'll get your gic certificate then it's alright, no worries.
 

Nikhil Das

Full Member
Feb 9, 2019
44
20
30
Mumbai
Thanks a Ton. Hoping for the best.
Hey Harshal, I'm facing the same issue here. I have been given 2 bank details. Did you get your GIC certificate ? And if yes, which bank details did you send the payment to ? "Send instructions" one OR the Beneficiary Bank Info one ?
 

Nikhil Das

Full Member
Feb 9, 2019
44
20
30
Mumbai
Hey guys I'm having same doubt which address should we use ?
Use this bank address to transfer the money for GIC (Scotia)

Beneficiary Bank Information (Field 57)
THE BANK OF NOVA SCOTIA
TRANSIT 35972 SSG Transaction Processing
4715 Tahoe Blvd
Mississauga, Ontario, L4W 0B4
SWIFT Code: NOSCCATTCOL

* Make sure the bank from where you will be transferring the money from should have the same address as mentioned on your passport.
 

Aashu Bedrae

Member
Apr 28, 2019
13
2
Use this bank address to transfer the money for GIC (Scotia)

Beneficiary Bank Information (Field 57)
THE BANK OF NOVA SCOTIA
TRANSIT 35972 SSG Transaction Processing
4715 Tahoe Blvd
Mississauga, Ontario, L4W 0B4
SWIFT Code: NOSCCATTCOL

* Make sure the bank from where you will be transferring the money from should have the same address as mentioned on your passport.
Thank you so much
 

Sammm123

Newbie
Dec 2, 2019
9
0
I have created my gic account in Scotiabank with passport address ( old address) but in my bank account it is new address
Soo what to doo now? I haven’t transferred my funds yet
Urgent reply plss
 

bhatiaplk

Newbie
Nov 17, 2020
4
0
hello!
my address is 475 jaspal nagar gali no 5 amritsar
and my address in my bank is 475 jaspal nagar gali no 5 near paras karyana store amritsar