TD International Student GIC Program
Leaving your home country to move to Canada is a big undertaking. At TD, we’re here to help support you moving forward in your journey to Canada.
When you apply for, and participate in the TD International Student GIC Program, it can help you expedite your study permit application.
Benefits of the TD International Student GIC Program
Fully digital
No application fee
Convenient
What do you get?

TD International Student GIC: Enjoy no-fee investing and the security of a set interest rate for the full term. Once you have satisfied all the conditions for participation in the TD International Student GIC Program, the principal amount will be redeemed in accordance with a payment schedule featuring equal monthly payments.
How it works
It only takes 4 steps to participate in the TD International Student GIC Program:
Step 1. Submit your application online
Request to receive an application form and related documents to open a TD Student Chequing Account. Then, fill out and electronically sign the required documents and upload the proof of acceptance letter from a post-secondary designated learning institution in Canada.
Step 2. Send an international wire transfer payment
To fund your TD Student Chequing Account, send one international wire transfer3 in the amount of minimum CAD $10,000 and maximum CAD $25,000.
Step 3. Fund your TD International Student GIC
Once TD receives your wire transfer, CAD $10,000 will be invested in a TD International Student GIC.
Complete the Government of Canada’s Student Direct Stream (SDS) study permit application by submitting the GIC Confirmation of Investment we provide.
Step 4. Book an in-branch appointment for verification & first payout of GIC
Once you've arrived in Canada, book an appointment at one of our 1,085 branches to verify your identity, sign the required documentation and activate your accounts. We will then redeem CAD $2,000 plus any accrued interest from your GIC and deposit it into your TD Student Chequing Account.
Have additional questions? See program guide PDF
Frequently asked questions
Additional account details & terms information
Find out more about opening a TD account with helpful resources and information.