The document provides important information for KiratpalSingh Sandhu regarding their new Scotiabank Student GIC Program account. It includes the account number, instructions for wiring funds to the account from their home country bank, and details that must be included in the wire transfer like the student's name and address. It notes international wire transfers can take 5 business days or more to process and another 5 days are required to issue an investment directions confirmation once funds are received.
The document provides important information for KiratpalSingh Sandhu regarding their new Scotiabank Student GIC Program account. It includes the account number, instructions for wiring funds to the account from their home country bank, and details that must be included in the wire transfer like the student's name and address. It notes international wire transfers can take 5 business days or more to process and another 5 days are required to issue an investment directions confirmation once funds are received.
The document provides important information for KiratpalSingh Sandhu regarding their new Scotiabank Student GIC Program account. It includes the account number, instructions for wiring funds to the account from their home country bank, and details that must be included in the wire transfer like the student's name and address. It notes international wire transfers can take 5 business days or more to process and another 5 days are required to issue an investment directions confirmation once funds are received.
The document provides important information for KiratpalSingh Sandhu regarding their new Scotiabank Student GIC Program account. It includes the account number, instructions for wiring funds to the account from their home country bank, and details that must be included in the wire transfer like the student's name and address. It notes international wire transfers can take 5 business days or more to process and another 5 days are required to issue an investment directions confirmation once funds are received.
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Dear MR KiratpalSingh Sandhu,
Thank you for choosing Scotiabank. We are pleased to confirm that we have received and processed your Scotiabank Student GIC Program Application.Here is some important information you will need: •Account Number: Your new Scotiabank Investment Account number is 000000087882279. You will need to provide this number when you send your wire payment to fund your new account. •Wire Transfer:oYou must submit one wire payment for $10,200.00 CAD or up to $50,000.00 CAD.oMoney sent to fund your Scotiabank account in Canada must come from your own bank account in your country of residence.oWhen sending wire transfer, all of the sender information entered in the application and the beneficiary information must match in order for wire transfer to be processed correctly.oFunds transferred from the bank account of third parties (e.g. parents name only, relatives and/or friends) will be rejected.oFunds from other sources such as Money Exchange House, Money Transfer Services, and Third Party Services will be rejected.oOnce we receive and process your wire payment, we will issue you an Investment Directions confirmation via e-mail. Please be aware that international wire transfers may take five (5) business days or more to reach us.oWe require up to five (5) business days from the date your wire payment is received to issue the Investment Directions Confirmation, which you will use to obtain your Study Permit.oPlease use the following information when sending a wire transfer:
Send Instruction to:
THE BANK OF NOVA SCOTIA 44 King Street West Toronto, Ontario, Canada M5H 1H1 SWIFT Code: NOSCCATT
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
Beneficiary Information (Field 59)
Name: Enter the student’s first and last name [note: Enter exactly as stated in Passport]. Address: Enter the home address of the student as stated in the application. Account Number: Enter the 15-digit Scotiabank Investment account number (provided above).
Remittance Information (Field 70)
Enter the value “SSGP”.
For general information, please refer to the Scotiabank Student GIC Program Guide.
The current rate for the Scotia Investment Account can be found here. The interest rate is Scotiabank’s posted rate under “Investment Cash”. Rates are provided for information purposes only and are subject to change at any time.Thank you again for your interest in the Scotiabank Student GIC Program.
Sincerely,
Scotiabank Scotiabank is a business name used by The Bank of Nova Scotia
