TD Bank Group and Canadian edtech company ApplyBoard have collaborated to help new international students from China, India, Morocco, Pakistan, the Philippines, Senegal and Vietnam meet eligibility requirements for a Canadian study permit under Student Direct Stream (SDS) from the Government of Canada. ) program.
International students who wish to study in Canada can benefit from ApplyBoard’s secure and private technological document verification tool to comply Immigration, Refugees and Citizenship of Canada (IRCC) standards.
Benefit from TD’s GIC Program for International Students
How can newcomers benefit from this?
TD and ApplyBoard’s collaboration adds to TD’s streamlined services to help international students begin their trip to Canada with ease, speed and confidence.
International students seeking to accelerate their study permit under the Student Direct Transmission (SDS) must demonstrate to IRCC that they have an equivalent amount of money in GIC for international students to meet IRCC minimum requirements. Starting January 1street, 2024, IRCC increased this monetary amount to $20,635 CAD by 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 (the timeline is defined by IRCC). He GIC Program for TD International Students provides GICs to newcomers with no application fee and they begin accruing interest before students even arrive in Canada.
Now, when newcomers use the DT GIC Program for International Students To provide proof of funds, they will also be able to use ApplyBoard’s independent verification platform. Apply testto 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 and simplified document verification to help reduce wait times and build trust in the legitimate documents provided.
Because decision-making on study permit applications is open to the discretion of the reviewing officer, ensuring that the correct documents are provided and verified can be of great importance to making a successful application.
Other benefits
TD offers a variety of services tailored to the needs of international students. For example, him GIC Program for TD International Students also provides students with a TD Student Checking account with no monthly plan fee (up to age 23 or with proof of full-time postsecondary education enrollment), unlimited transactions, and more.
Additionally, students may choose to International Student Banking Packagewhich offers newcomers a value of up to $850 CAD when they start by opening a new TD Student Checking Accountare approved for a TD Visa Rewards* Card and open an eligible Savings Account. Offer that includes a $50 Amazon.ca gift card when you combine all three products. Conditions apply.
Additionally, by opening an account with TD, students will be able to benefit from:
- Credit cards (subject to approval) no 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 branch hoursmore than 80 diverse language service options and a complete online and phone supports;
- Continuous support and advice with a large team of experts to help with everything from daily expenses to financial planning and long-term investments;
- Wear interaction e-Transfer® to send and request money within Canada for free. Send money comfortably and securely to more than 200 countries with TD Global TransferM.T. and get your transfer fees refunded for up to 12 months when you send money from your TD Student Checking account when you sign up for the International Student Banking Package; and
- Other benefits offered to TD customers in Canada.
TD has extensive banking packages designed specifically for newcomers. For more information on how the bank can help you on your trip to Canada, click here.
Learn more about TD’s 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 helping 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, too, TD has become one of Canada’s largest and most trusted banks, now serving 16 million Canadians.
TD offers online support and resources relevant to newcomers on topics such as banking basics, moving to Canada, credit score basics, and more. TD is open longer hours for your convenience and has thousands of ATMs across Canada to help you take care of your everyday 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 in pursuit of their education. The company, founded in 2015, has already become a trusted authority in the international education space and is one of the fastest growing technology companies in Canada.
reference: www.cicnews.com