Here are the 3 steps you need to follow to buy GICs
for international students through the Student Direct Stream program .
First, make sure you meet the eligibility criteria.
Then, from your country of residence:
*The Letter of Attestation – Investment Directions Confirmation is confirmation that the funds have been transferred to the chequing account. It’s a written commitment on your part to invest the funds in National Bank GICs when you arrive in Canada.
When you arrive in Canada:
For your documents to be accepted, you must present your original identification documents in good condition, valid, and in a language you understand. No photocopies, true copies or certified copies will be accepted.
GIC 1 | GIC 2 | GIC 3 | GIC 4 | GIC 5 | GIC 6 | GIC 7 | GIC 8 | GIC 9 | GIC 10 | |
---|---|---|---|---|---|---|---|---|---|---|
Amount | $1,600 |
$1,600 | $1,600 | $1,600 | $1,600 | $1,600 | $1,600 | $1,600 | $1,600 | $1,600 |
Issued | 30 days | 60 days |
90 days |
120 days |
150 days |
180 days |
210 days |
240 days |
270 days |
300 days |
When the GICs hit maturity, the money will be automatically deposited into your account. You’ll receive confirmation when your investment account has been opened and when each GIC has been issued.
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