Hi first you have to open a mutual account with you and your parent, only then you can transfer funds. No additional documents needed, just go to your respective bank, they generally ask for your admission or offer letter. I used Meezan bank and they were very fast as they already know about GIC
Thanks for replying to my question. You mentioned that Mezan Bank is fast in this process, since i have my personal account in mezan bank can i use my own account to transfer funds to canada?
Thanks for replying to my question. You mentioned that Mezan Bank is fast in this process, since i have my personal account in mezan bank can i use my own account to transfer funds to canada?
You will have to open another USD account and deposit money in there, and then you can transfer funds. But for legal and other income tax reasons, it's always a good idea to open an account with your parents so you can put us in your USD account and then transfer unless you can justify the source of income to the bank.
Hey,
i have same question regarding GIC . Is it mandatory to transfer funds from personal (student's account) or it can be transferred from parent or relative's account ? if its possible to transfer from parents account what documents are required?
You will have to open another USD account and deposit money in there, and then you can transfer funds. But for legal and other income tax reasons, it's always a good idea to open an account with your parents so you can put us in your USD account and then transfer unless you can justify the source of income to the bank.
