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TD signs an agreement with ApplyBoard, which contributes to the international student offer

TD Bank Group and Canadian education technology company ApplyBoard have collaborated to help new international students from China, India, Morocco, Pakistan, the Philippines, Senegal and Vietnam meet the requirements for a Canadian study permit under Canada’s Student Direct Stream (SDS). government. ) program.

International students looking to study in Canada can take advantage of ApplyBoard’s secure and private technology document verification tool to meet Immigration, Refugees and Citizenship Canada (IRCC) standards.

Take advantage of the TD International Student GIC program

How can newcomers benefit from this?

The partnership between TD and ApplyBoard adds to TD’s simplified services to help international students start their journey to Canada easily, quickly and with confidence.

International students wishing to accelerate their study permit under the Student Direct Stream (SDS) program must show IRCC that they have an equivalent amount of funds in International Student GIC to meet IRCC’s minimum requirements. From January 1stst, In 2024, IRCC increased this funding amount to $20,635 CAD for 2024.

The SDS is an accelerated stream for study permit applicants from certain eligible countries. Applicants can receive a decision on their study permit in as little as two weeks (timeline to be determined by IRCC). The TD International Student GIC program offers GICs to newcomers with no application fee, which begins to accrue interest before students arrive in Canada.

Now, if newcomers use the TD International Student GIC program to provide proof of funding, they can also use ApplyBoard’s standalone verification platform, ApplyProof, to help strengthen study permit applications.

ApplyProof is a verification solution that allows immigration officers, admissions officers and other relevant parties to access original supporting documents for student admissions and immigration applications. The platform aims to provide centralized, streamlined verification of documents to reduce wait times and build trust in the legitimate documents provided.

Due to the fact that decision-making on applications for a study permit is at the discretion of the assessing officer, it can be very important to ensure that the correct documents are provided and verified in order to apply successfully.

Other benefits

TD offers a variety of services tailored to the needs of international students. For example, the TD International Student GIC program also offers students a TD Student Chequing account with no monthly subscription fees (up to age 23 or with proof of enrollment in full-time post-secondary education), unlimited transactions and more.

In addition, students can opt for the International Student Banking Package, which gives newcomers up to $850 CAD when you start opening a new TD Student Check Accountare approved for a TD Rewards Visa* Card and open a qualifying savings account. Offer includes a $50 Amazon.ca gift card when you bundle all three products together. Terms and conditions apply.

Additionally, when opening an account with TD, students can benefit from:

  • Credit cards (subject to approval) without prior credit history to help newcomers build a Canadian credit score, which is crucial for mortgages, leases, loans and insurance policies in Canada;
  • Accessible banking with extended business hours, more than 80 different language service options and extensive online and telephone support;
  • Ongoing support and advice with an extensive team of experts to help you with everything from everyday expenses to long-term financial planning and investments;
  • Usage Interac e-Transfer® to send and request money for free within Canada. Send money to over 200 countries easily and securely with TD Global TransferT.M and get a discount on your transfer fees for up to 12 months when you send money from your TD Student Chequing Account when you enroll in the International Student Banking package; And
  • Other benefits for TD customers in Canada.

TD has extensive banking packages specially tailored to newcomers. Click here for more information about how the bank can help you during your Canadian trip.

Learn more about the TD International Student Banking package

About TD

TD has a proud history of providing financial solutions to Canadians for more than 150 years. TD also brings a century of experience to help newcomers navigate the unique challenges of the Canadian banking system.

With more than a thousand branches, a reputation for excellence in financial services and the ability to serve you in more than 80 different languages, TD has become one of the largest and most trusted banks in Canada, now serving 16 million Canadians served.

TD offers online support and resources of interest to newcomers on topics such as banking basics, moving to Canada, credit score essentials and more. TD is open longer hours for your convenience and has thousands of ATMs across Canada so you can meet your daily banking needs quickly and easily.

About ApplyBoard

ApplyBoard has helped more than 800,000 students in 150 different countries search, apply and travel to more than 1,500 institutions around the world to pursue their education. Founded in 2015, the company has already become a trusted authority in the international education world and is one of Canada’s fastest growing technology companies.

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