First of all if you are paying one year tuition and gic why don't you apply via sds as it have high approval rate. As far as gic is concerned, I opened my foreign currency account at mcb and in two days it was active but in order to send payment, cheque book should ve received which took a week. After I received cheque book and deposited dollas, I filled up remittance form and put all necessary details. Within 2 days bank sent my payment and almost within two days (excluding weekend) I got gic letter frim CBIC ( I didn't choose scotia as I've heard they reject payments even on small issues, my experience with CBIC was very smooth and they are very fast). Hope that would help.