Following receipt of this application form, Scotiabank will send you an email with wire transfer instructions within 2 business days to enable you to purchase the GIC. You will be required to remit 10,000 CAD plus 50 CAD in administrative fees to Scotiabank.
A confirmation of the GIC details (such as issue date, maturity date, and interest rate) will be sent to you via encrypted e-mail within 3 business days after receipt of your wire payment. You should submit a copy of this confirmation to the Canadian High Commission along with your Study Permit Application. You are also responsible for printing or downloading a copy of this GIC confirmation, delivered to you electronically, for your records.
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