Can anybody explain me tha full process of GIC payments !!!!
The best to go for is NOVA SCOTIA
Go online and open a GIC account on their website. They give the account number on the spot. ( Remember the details you enter while opening the account)
Go to a local bank. (I used UBL)
Open a USD account. Deposit amount equivalent to 10000 CAD and remit the amount to your NOVA SCOTIA account using the same details you put while opening the NOVA account.
You will get the GIC in five working days after you remit the payment.
I got mine in 4 working days without any hindrence