EDS/8 - Elective Dividends Direct Payment
DTC offers non-U.S. participants organized and resident in the same foreign jurisdiction as the issuer of securities the option of receiving dividend, interest, and principal payments in their home currency, outside of DTC. This service is applicable to issues for which a foreign currency option was not established at initial issuance.
Participants may elect to receive foreign currency directly from the issuer via CA Web. The election will include the payment instructions to the issuer and transfer agent to enable them to make payment directly to the non-U.S. DTC participant, outside of DTC.