Guarantee Investment Certificate

A Nigerian father successfully funded his daughter's Canadian TD Bank GIC remotely from Nigeria, securing her study permit approval in just 9 weeks. The GIC, required by IRCC for CAD $22,895, was funded by Mr. James while the account itself was opened in his daughter Hannah's name. Periculum Connect guided the family through the simple 20-minute digital application, and Mr. James wired CAD $24,000 to cover the GIC plus a buffer for her arrival. The GIC certificate was issued within 5 days, and Hannah's visa was approved with her financial documentation cited as thorough and approved. This case demonstrates that parents can fund GICs as third parties, extra funds remain accessible to students, and Periculum's TD Bank GIC program offers a secure, compliant pathway for Nigerian families pursuing Canadian study dreams.

A GIC (Guaranteed Investment Certificate) is a secure, government-backed financial requirement for international students applying for a Canadian study permit. It proves you have enough funds, minimum CAD $22,895, to support yourself during your first year in Canada. Through Periculum’s partnership with TD Bank, students can open a GIC account fully online, verify identity digitally, fund the account, and receive an official GIC certificate to include in their Canadian study permit application. Even scholarship recipients or those funded by parents need a GIC to cover living expenses. Periculum Connect simplifies this critical process, offering a fast, trusted, and fully digital end-to-end service for students worldwide.