ICBK Student GIC Program
Provide eligible proof of fund for your study permit application, and offer high-quality Canada-China international financial service.
ICBK Student GIC Program
Provide eligible proof of fund for your study permit application, and offer high-quality Canada-China international financial service.
Features
Fast Approval Process
With possibility to receive your GIC certificate within 3 business days.
Integrated Service
Integrated study abroad services provided by both ICBC China and ICBK Canada offering you comprehensive support.
Nationwide Coverage
Provide remote activation service, free debit card consumption at all POS machines, and 3000+ free ATMs throughout Canada.
More international student financial services beyond a GIC certificate
Special Student Account
Intra-Group Remittance
Free Online Tuition Payment
How it works
Before you have a Study Permit
1. Apply Online
2. Visit a ICBC branch in China
3. Check online for your "account opening confirmation"
4. Check online for your GIC certificate
See more about ICBK GIC Application Guide
Click for ICBK Student GIC Online Platform
After you arrive in Canada
1. Send us an email of Arrival Notification
2. Choose your activation method. Either at Branch or by Online
3. Submit activation application
4. Ready to use
See more about ICBK GIC Activation Guide
About ICBK Student GIC Program
Wire at least CAD$ 21,200 for Student GIC of CAD$ 21,000, up to CAD$ 65,000. Learn more about Student GIC Release Term and Standard GIC amount.
Program interest rate 0.2% p.a applies to the amount of Student GIC Certificate only. (You are not eligible for other GIC until you provide a valid Canadian Social Insurance Number)
Service Fee of CAD$ 200 is non-refundable upon GIC certificate issuance.
We accept Student GIC application for Minor Student (less than 18 years old). Learn More about Minor Student GIC Requirement and Policy.
Frequently Asked Questions
According to regulatory requirement in Canada, we need to verify your identity information before we process your GIC application. Therefore, you will need to visit our ICBC branch in China after submitting your application online. Thereafter, you will be able to view your account confirmation, view your GIC certificate, and activate your account online.
Please refer to the "Refund Policy" for more details.
We recommend using ICBC China Account for a quick and directly wire transfer at least CAD$21,200 which can save your service fee and intermediary bank fees. If you use other banks for remittance, we suggest you transfer CAD$21,300 to avoid insufficient fund for a GIC certificate, and the excess will be reserved in your student account after deducting the intermediary bank fee.
Simply submitting an online form is not a formal application. You need to visit an ICBC Branch in China to complete the Student GIC Identity Verification service. After verifying your identity, the branch will help you submit a formal application, and then we will process it.
Once you complete you application at ICBC China Branch, you can check your application status online on the next day. If it has been more than 2-business days or the status shows as "rejected", please contact us. There are no email or text notifications in the whole application process.