Opened a bank account with Scotia. Need to wire the funds. Please Help!

[moose83]

Hello,

I registered myself for the Start Right program with Scotia Bank on their website. I was able to successfully open a Bank account and I have also received my account number. They have given me details about the wire transfer. I am in India and I was wondering if anyone (with account in ICICI Bank preferably) has made a wire transfer to Scotia?

They have asked me to wire the funds using the following details (I am confused whether to use NOSCCATT (this is the main hub) or NOSCCATTCOL (the beneficiary branch swift code?)

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
BNS 35972 SSG Transaction Processing
4715 Tahoe Blvd
Mississauga, Ontario, L4W 0B4
SWIFT Code: NOSCCATTCOL

Beneficiary Information (Field 59)
Name: Enter your first and last name: (note: Enter exactly as stated in
Passport).
Address: Enter your address in your home country.
Account Number: Enter your new Scotiabank Account number: <my_account_number>

Remittance Information (Field 70)
Enter "IAO"

Questions:

1. Which swift code to use? NOSCCATT or NOSCCATTCOL
2. How much time will it take for the wire to complete?
3. What document will I receive as a proof that I have made a wire transfer and will I get some sort of POF statement as well?
4. I am using ICICI bank. When filling up beneficiary information, I am asked for a transit number. What is the transit number?
5. What are these fields 57, 59, 70?? I am not able to see these in my Bank Interface !!!

Thank You

 

[dkd2014]

Questions:

1. Which swift code to use? NOSCCATT or NOSCCATTCOL - NOSCCATTCOL
2. How much time will it take for the wire to complete?- From a 1 day to 5 days
3. What document will I receive as a proof that I have made a wire transfer and will I get some sort of POF statement as well? - Nothing from ICICI but u will get a mail in scotia account after 5 days.
4. I am using ICICI bank. When filling up beneficiary information, I am asked for a transit number. What is the transit number? - 35972 (its there in your mail)
5. What are these fields 57, 59, 70?? I am not able to see these in my Bank Interface !!! - Need not bother on them

 

[moose83]

Questions:

1. Which swift code to use? NOSCCATT or NOSCCATTCOL - NOSCCATTCOL
2. How much time will it take for the wire to complete?- From a 1 day to 5 days
3. What document will I receive as a proof that I have made a wire transfer and will I get some sort of POF statement as well? - Nothing from ICICI but u will get a mail in scotia account after 5 days.
4. I am using ICICI bank. When filling up beneficiary information, I am asked for a transit number. What is the transit number? - 35972 (its there in your mail)
5. What are these fields 57, 59, 70?? I am not able to see these in my Bank Interface !!! - Need not bother on them

Thank You

 

[MI31]

Hi dkd2014

I am also facing some issues regarding two points:

1. Transit Code: Scotia has given a number with 5 digits in their mail but ICICI is asking for 9 digits. What should I enter?

2. Canada Address: Scotia has mentioned to enter my local address in India but ICICI is not accepting my Indian address, they want Canadian address. Should I enter the address of my Canadian university? Will the address matter?

Please help!

Thanks in advance.

 

[steaky]

Hi dkd2014

I am also facing some issues regarding two points:

1. Transit Code: Scotia has given a number with 5 digits in their mail but ICICI is asking for 9 digits. What should I enter?

2. Canada Address: Scotia has mentioned to enter my local address in India but ICICI is not accepting my Indian address, they want Canadian address. Should I enter the address of my Canadian university? Will the address matter?

Please help!

Thanks in advance.

HSBC online is better with instant transfer and no hassle with swift code.

 

[Haridev]

Urgent help needed, transferring money from India to Scotia Bank GIC account.

Instructions say


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
BNS 35972 SSG Transaction Processing
4715 Tahoe Blvd
Mississauga, Ontario, L4W 0B4
SWIFT Code: NOSCCATTCOL

There are 2 bank addresses, the one to which instrucion has to be sent and the beneficiary bank address.
To which bank adrress do i have to transfer my money to purchase GIC?

 

[Jeet050]

Urgent help needed, transferring money from India to Scotia Bank GIC account.

Instructions say


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
BNS 35972 SSG Transaction Processing
4715 Tahoe Blvd
Mississauga, Ontario, L4W 0B4
SWIFT Code: NOSCCATTCOL

There are 2 bank addresses, the one to which instrucion has to be sent and the beneficiary bank address.
To which bank adrress do i have to transfer my money to purchase GIC?

so which bank did you finally pay?

 

[jay_12r]

Transit Code: Scotia has given a number with 5 digits in their mail but ICICI is asking for 9 digits. What should I enter?

 

[sayantandas]

I get error "Remittance to own account is not allowed through this facility. Visit your nearest HDFC Bank branch for more details.".. any leads?

 

[mahi2020]

Transit Code: Scotia has given a number with 5 digits in their mail but ICICI is asking for 9 digits. What should I enter?

I am facing the same issue,...what did you do ?

I appended 0000 to the number

transit: 000035972

will it work ?

 

[Shani1214]

Hi there,

This is Ali from Pakistan and I also have opened a scotia international account through thore rightstart program. I have a question:

Can I use telegraphic transfer service through western union for sending money to my international account? Because my local bank doesn't provide this service.

Need guidance pls.

Regards,

 

[xoly221]

Hi there,

This is Ali from Pakistan and I also have opened a scotia international account through thore rightstart program. I have a question:

Can I use telegraphic transfer service through western union for sending money to my international account? Because my local bank doesn't provide this service.

Need guidance pls.

Regards,

Hi Ali,
Were you able to wire to your scotia bank account through pakistan?
If so which bank etc did you use?

 

[Shani1214]

Hi Ali,
Were you able to wire to your scotia bank account through pakistan?
If so which bank etc did you use?

Unfortunately my wire transfer has been rejected because i sent through western union and not my own account. Now waiting for the funds to return to WU's account.

 

[smiley2608]

Unfortunately my wire transfer has been rejected because i sent through western union and not my own account. Now waiting for the funds to return to WU's account.

Can u please tell how u transfer ur funds to western union??
As m also planning to pay gic through western union because banks are charging more against 1 dollar.... so the process which i am going to follow is to transfer 10200$ +50$more as transcation cost from my own account to the account which WU specified as our PAN no. is also attached.

Please tell me whether this is a right way to transfer through WU or not??

 

[Shani1214]

Can u please tell how u transfer ur funds to western union??
As m also planning to pay gic through western union because banks are charging more against 1 dollar.... so the process which i am going to follow is to transfer 10200$ +50$more as transcation cost from my own account to the account which WU specified as our PAN no. is also attached.

Please tell me whether this is a right way to transfer through WU or not??

I don't know about WU for GIC account. But for startright Scotia account WU failed because there was a difference between sender and beneficiary account details.