TD International Student GIC Program


Leaving your home country to move to Canada is a big undertaking. TD is 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.


What do you get?

TD Student Chequing Account:

A chequing account designed with students in mind, pay no monthly fee1 (until 23 years old or with proof of enrollment in full-time post-secondary education), and enjoy unlimited transactions included each month, so you can focus on school.

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.

What are the Benefits?

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Fully Digital

A simple online application for international students to open both a TD Student Chequing Account and a TD International Student GIC.

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No Application Fee

No application fees when you apply for the TD International Student GIC Program.

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TD serves over 13.5 million customers nationally in more than 50 languages at over a thousand branches across Canada.

How it works

It 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 your proof of acceptance letter from a post-secondary designated learning institution in Canada.
  • Step 2: Send an International wire payment

    To fund your TD Student Chequing Account, send one international wire payment2 for an amount of your choice ranging from CAD $10,000 minimum to CAD $25,000 maximum plus the incoming wire payment fee3.
  • Step 3: Fund your TD International Student GIC

    Once TD receives your wire payment, 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.
  • 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 over a thousand TD branches to verify your identity, sign the required documentation and activate your accounts. TD will then redeem the sum of CAD $2,000 plus any accrued interest from your GIC and deposit it into your TD Student Chequing Account.

Get in touch


Book an appointment

Once you arrive in Canada, speak with a banking specialist in person at the branch closest to you or over the phone.


Locate a branch

Find TD branches
wherever you go in Canada.


Call TD

Speak with a banking specialist
anytime, anywhere.

This information does not constitute an offer or solicitation by anyone in any jurisdiction in which such an offer or solicitation is not authorized or to any person to whom it is unlawful to make such an offer or solicitation.

1 For more information about transactions and a complete list of account fees, click here for Accounts and related service fees. For information on our general services, please view our General List of Services.

2 Once the TD Student Chequing Account is opened and TD International Student GIC is funded, no transactions will be permitted on them until you have completed all the program requirements at a TD Canada Trust branch in Canada

3 There is a fee for receiving a wire payment as outlined in the TD Service Fee Schedule in our About our Accounts and related services document which you will need to account for in your wire payment amount.

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