1. Student submits the following documents:-copy of passport (picture and the last page with signature)-copy of acceptance letter from a Canadian school-completed and signed copy of the Scotiabank Student GIC Program Application Form and Terms of Conditions. All copies need to be signed by the student
2. Scotiabank receives the documents and opens the GIC account for the student and notifies the customer (including IP reference number) to transfer $10,050.00 CAD to the account opened. The transferincludes a $50 CAD administration fee
3. Student remits $10,050 CAD according to remittance information below:Name of Bank: The Bank of Nova Scotia (Scotiabank)Branch Address: International Banking Division, Toronto, OntarioBranch Transit: 52712Institution Code: 002Swift Codes: NOSCATT to credit Front St, CAU #03996-NOSCCATTCOLScotia Student GIC Program-Attention Venice BotelhoRemittance information: Student Name: [First Name] [Last Name] and IP reference number provided to student by Scotiabank.
4. Scotiabank issues the Guaranteed Investment Certificate (GIC) for $10,000 CAD and sends a confirmation email to the customer.
5. Student will complete and submit Study Permit application with a copy of the GIC confirmation to the visa office in IndiaApproved
6. Upon arrival in Canada, the student will need to go to any Scotiabank branch to activate the GIC and open a deposit account. The Student will be required to bring an original, valid passport, letter of acceptance to a Canadian Educational Institution (or student ID) and Welcome Package (sent with GIC certificate) to the branch. Once the account is opened, an initial amount of $2,000 CAD will be transferred to the student’s deposit account. The remaining amount will be automatically transferred in four (4) equal installments of $2,000 CAD every 2 months.Application statusDeclined
7. If student Study Permit/VISA application is declined or the student is unable to go to Canada for any other reason, the student should provide supporting documents from the Canadian Embassy to Scotiabank to apply for a GIC refund and account cancellation. Scotiabank will refund the GIC (less any fees) to the bank account from which the original amount was remitted to Scotiabank less $50 CAD administration chargeProcess for Applying for the Scotiabank Student GIC Program
8) 8) 8)
2. Scotiabank receives the documents and opens the GIC account for the student and notifies the customer (including IP reference number) to transfer $10,050.00 CAD to the account opened. The transferincludes a $50 CAD administration fee
3. Student remits $10,050 CAD according to remittance information below:Name of Bank: The Bank of Nova Scotia (Scotiabank)Branch Address: International Banking Division, Toronto, OntarioBranch Transit: 52712Institution Code: 002Swift Codes: NOSCATT to credit Front St, CAU #03996-NOSCCATTCOLScotia Student GIC Program-Attention Venice BotelhoRemittance information: Student Name: [First Name] [Last Name] and IP reference number provided to student by Scotiabank.
4. Scotiabank issues the Guaranteed Investment Certificate (GIC) for $10,000 CAD and sends a confirmation email to the customer.
5. Student will complete and submit Study Permit application with a copy of the GIC confirmation to the visa office in IndiaApproved
6. Upon arrival in Canada, the student will need to go to any Scotiabank branch to activate the GIC and open a deposit account. The Student will be required to bring an original, valid passport, letter of acceptance to a Canadian Educational Institution (or student ID) and Welcome Package (sent with GIC certificate) to the branch. Once the account is opened, an initial amount of $2,000 CAD will be transferred to the student’s deposit account. The remaining amount will be automatically transferred in four (4) equal installments of $2,000 CAD every 2 months.Application statusDeclined
7. If student Study Permit/VISA application is declined or the student is unable to go to Canada for any other reason, the student should provide supporting documents from the Canadian Embassy to Scotiabank to apply for a GIC refund and account cancellation. Scotiabank will refund the GIC (less any fees) to the bank account from which the original amount was remitted to Scotiabank less $50 CAD administration chargeProcess for Applying for the Scotiabank Student GIC Program
8) 8) 8) 
