Query regarding GIC

[Misha96]

Hi!

I am writting from India. I had to open my GIC account and since I already have an Indian Bank account in ICICI I proceeded by opening a GIC account in the same. Later I read reviews such as the less branches of the bank and the service tax they charge.

I now wish to open a GIC in Scotiabank, will there be any issue? Since I already have account number from ICICI now (although I have not yet transferred money)

Is it ok if I don't use the ICICI one and go ahead to apply for a GIC account in Scotiabank?

Thanks and any help is much appreciated!

 

[cheemak]

There will be no issues. Apply online for Scotiabank GIC account and transfer the money. You can email your Canadian ICICI bank to close your account as you are no longer using it But it is optional.

 

[Misha96]

There will be no issues. Apply online for Scotiabank GIC account and transfer the money. You can email your Canadian ICICI bank to close your account as you are no longer using it But it is optional.

Thankyou for quick response!