I transferred on 6 Feb( Thursday)and my payment reached there on 12 Feb ( Wednesday)Thanks for your response. Can you tell me in how many days my tuition fee will be wired to CANADA?
They take 3 Buisness days
I transferred on 6 Feb( Thursday)and my payment reached there on 12 Feb ( Wednesday)Thanks for your response. Can you tell me in how many days my tuition fee will be wired to CANADA?
Thank you brother.I transferred on 6 Feb( Thursday)and my payment reached there on 12 Feb ( Wednesday)
They take 3 Buisness days
SO you do need a FC account to send money for GIC purpose. Every bank can handle FC account so in that regard he is lying to you. a USD FC account will do the trick you don't need a CAD FC accountI have bank account in HBL in PKR currency and I talked with my branch manager to transfer money to scotia bank, manager said we can't handle foreign curracy accounts, he reffered me to main branch in our city (Gujranwala). He said you must have a CAD currency account, then we will transfer your money from that account. I think he lied to me he don't wanna get his hands dirty that's why he referred me to other branch. He don't even know what is GIC and why is it so. Kindly guide me is he telling me truth or just wasting my time?
Yes I confirmed it he was lying now I am waiting for my tuition fee to be wired successfully then I will opt for FC account. I have submitted the tuition fee application through HBL this thursday and they sucks, no amount of money has been deducted from my account till now. Can you tell me which is the fasted and easiest way to submit the tuition fee?SO you do need a FC account to send money for GIC purpose. Every bank can handle FC account so in that regard he is lying to you. a USD FC account will do the trick you don't need a CAD FC account
So guys, what's the process for sending your first year tuition fee to Canada? Do we need FC account or just a simple account will work for it?
Can i send it through my FATHER'S pkr account?
Yes Guys Bump......... which is the easiest and least expensive way to send tuition fees from Pakistan?
You can also send money via flywire through PKR account, so you don't have to become a filer and and need FC account. Mostly bank employees don't know the procedure of sending money via PKR account so they suggest you to have FC account. But you can guide them about the procedure using SBP Foreign Exchange manual guide http://www.sbp.org.pk/fe_manual/pdf/2018/Chapter-17.pdf check paragraph no. 38. I have personally sent my money using PKR account both tuition fee and GIC payment. If you need any help you can contact me anytime.So guys, what's the process for sending your first year tuition fee to Canada? Do we need FC account or just a simple account will work for it?
Can i send it through my FATHER'S pkr account?
As long as the bank or manager can comply. There's no reason that PKR can't be converted to USD via bank for outward wire transfer (by taking SBP USD exchange rate).You can also send money via flywire through PKR account, so you don't have to become a filer and and need FC account. Mostly bank employees don't know the procedure of sending money via PKR account so they suggest you to have FC account. But you can guide them about the procedure using SBP Foreign Exchange manual guide http://www.sbp.org.pk/fe_manual/pdf/2018/Chapter-17.pdf check paragraph no. 38. I have personally sent my money using PKR account both tuition fee and GIC payment. If you need any help you can contact me anytime.
Secondly yes you can send money from your father's account for tuition fee and for GIC you need have to send money from your own account or joint account with your father. Anything else?
1; No you can't send money through your father's account it has to be yours or a joint account with your father.I have not yet applied for GIC and I have two questions
1) Can I send GIC amount from my father's USD foreign currency account to Habib Canadian Bank(HCB states on its website that GIC funds could come through the student or its legal guardian's account)
2) Does Habib Canadian Bank accept funds for GIC that have been sent from a PKR account
3) If the answer to above question is no, then is there any bank that accepts funds for GIC from a PKR account
Thank you in advance.
There is not such hassle using PKR account, sending GIC has the same process as tuition fee. If you are not familiar with the process don’t spread false information.1; No you can't send money through your father's account it has to be yours or a joint account with your father.
2:HCB in the end they want GIC funds in CAD it doesn't affect how you send your money in PKR OR USD because while sending it will be converted into cad.
3:you can send GIC funds through your PKR account but it involves more paperwork more hassle I would suggest make a Foreign currency account its hassle-free.
*would no recommend HCB as its not everywhere and not readily accessible, definitely not scotia but I would suggest CIBC bcz of personal experience as it took just 12 hours to process the money and to issue the GIC.
Habib Canadian Bank clearly states on its website that the GIC funds could be sent through either the student's or his/her legal guardian's account1; No you can't send money through your father's account it has to be yours or a joint account with your father.
2:HCB in the end they want GIC funds in CAD it doesn't affect how you send your money in PKR OR USD because while sending it will be converted into cad.
3:you can send GIC funds through your PKR account but it involves more paperwork more hassle I would suggest make a Foreign currency account its hassle-free.
*would no recommend HCB as its not everywhere and not readily accessible, definitely not scotia but I would suggest CIBC bcz of personal experience as it took just 12 hours to process the money and to issue the GIC.