GIC query (VERY URGENT)

[adish jain]

I asked my bank (bank of india) for transferring of funds to nova scotia bank in canada for the GIC certificate but they said that they don't do wire transfers, they only do swift transfer.
so should i go ahead with the swift transfer only or should i go to a private bank and opt for wire transfer there?
What is the difference between swift and wire transfer?

 

[steakpie]

Re: GIC query

same query, want to know if swift can be used from bank of india to send funds to the GIC account...please help

 

[adish jain]

Please reply. I need to know urgently.

 

[ashishk22]

For an international wire transfer a SWIFT Code is required hence making it Swift Transfer. As simple as that.

You can use your existing BOI acc, just make sure the name on the account is same as it is the Passport.

Beneficiary Bank Information (Field 57)
THE BANK OF NOVA SCOTIA
BNS 03996- Front Street CAU, Toronto
61 Front Street West, 2nd Floor
Toronto, Ontario, Canada
SWIFT Code: NOSCCATTCOL

I hope this helps ya

 

[sai santosh068]

guys...i am facing another problem
my funds has been wire transferred to scotia from my fathers bank account
actually it has to be done from my bank account
so what problem it creates now?? feeling tensed.
do the transfer get rejected?? if so....when can the rejected amount can be credited in my dads account??
plzz help me friends.

 

[GTO911]

guys...i am facing another problem
my funds has been wire transferred to scotia from my fathers bank account
actually it has to be done from my bank account
so what problem it creates now?? feeling tensed.
do the transfer get rejected?? if so....when can the rejected amount can be credited in my dads account??
plzz help me friends.

Your transfer shall be rejected

 

[sai santosh068]

okay.....after the rejection how many days it will take for returning the money into my dads account ??

 

[GTO911]

okay.....after the rejection how many days it will take for returning the money into my dads account ??

Go to scotiabank website and call them directly