HSBC International Student Program (SDS) - China
Our International Student Program (SDS) helps you meet fast-track visa requirements of Immigration, Refugees and Citizenship Canada's Student Direct Stream (SDS), by providing you with a chequing account and a GIC to help you pay for your living expenses while you are studying in Canada.
Eligibility Requirements
- You must be above 18 years old.
- You must provide an acceptance letter from a designated learning institution in Canada for the upcoming school term.
- You must reside in a country/region in which the local HSBC bank participates in the International Student Program
- You must meet the local requirements of the HSBC International Account Opening Service in the country/region of residence
How to Apply
- 1. Review the Program Guide
- 2. Review SDS government document
- 3. Check the Immigration, Refugees and Citizenship Canada’s website
- 4. Call hotline to start the process or using Pre-departure Account Opening process if applicable; if you are in Canada or have any other questions, please contact isp_sds@hsbc.ca or call 1-888-310-4722 (in Canada only)
How the process works
If your Visa or Study Permit is withdrawn or refused
Program withdrawal can only be processed when you meet one of the following conditions
- Your study permit application has been refused; or
- You have withdrawn from enrollment at a designated learning institution
You will need to provide the following documents to HSBC Bank Canada by email to isp_sds@hsbc.ca:
- Applicant’s refusal or withdrawal letter as provided by Immigration, Refugees and Citizenship Canada
- Completed Withdrawal Application Form
Once HSBC Bank Canada has confirmed the withdrawal, HSBC Bank Canada will close your account and wire the funds and any unused part of the $100 additional deposit back to your account in your name from where you originally sent the funds to us. The $200 administration fee is not refundable.