EDS/7 - Elective Dividends - Foreign Currency Payment

DTC's Foreign Currency Payment (FCP) service allows clients to receive dividends and interest in foreign currency to be paid at the client’s bank in the local market on FCP-eligible securities. Payouts can be made either in all foreign currency, all U.S. dollars, or a combination of the two.

Elective Dividends—Multi-Currency Payments in CA Web