Open a GIC Account with TD

Click here to complete the online application to open a TD Student Chequing Account and TD International Student GIC. Once you have successfully submitted the application and completed the ID verification process, you will receive information about your TD Student Chequing Account and wire transfer instructions by secure email.

To fund your TD Student Chequing Account, send your first wire payment in the amount of minimum CAD $20,635 plus incoming wire payment fee. This wire must be received by TD within 90 days of account opening. Make sure to account for any wire transfer fees charged at source from your originating bank and exchange rates (if applicable).

After your first wire payment is successfully received by TD, you may send additional wire payments of any amount to your TD Student Chequing Account which you can access upon arrival in Canada.

Once TD receives your wire payment, CAD $20,635 will be invested in a TD International Student GIC. Any remaining funds will be kept in your TD Student Chequing Account. You will then receive your Certificate of Investment (COI) document for use in your study permit application.

Once you arrived in Canada, book an appointment at one of TD's 1,000+ branches to verify your identity, sign the required documentation and activate your account. TD will then redeem the sum of CAD $4,635 plus any accrued interest from your GIC and deposit it into your TD Student Chequing Account. The remaining funds will be redeemed in accordance with the GIC Payment Schedule that has been provided to you.