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.

TaxRelief

DTC TaxRelief^sm (TaxRelief) makes it possible for DTC clients and their qualifying beneficial owners to obtain tax relief "at-source" or via an accelerated refund on certain foreign issues as a result of tax relief arrangements established with issuers, agents, or the tax authorities of various countries. Obtaining benefits at-source means investors receive the income payment with the most favorable rate of tax.

Optional Dividends

The Optional Dividend service allows clients to elect to receive income payments in the form of cash, stock, or a combination of both as set forth in the terms of the options defined by the issuer declaring the distribution.

Dividend Reinvestment

The DTC Dividend Reinvestment Program (DRiP) allows clients to reinvest income payments for additional securities. The DTC DRiP program also includes an opt-out feature, where income payments on certain issues have been automatically reinvested into securities and DTC clients have the opportunity to instruct to receive cash instead.

Cash-in-Lieu / Round-up

The Cash-in-Lieu and Round-up service is used when the security's Issuer or Agent agrees to round up fractional entitlements to the beneficial owner level or agrees to pay cash-in lieu for fractional entitlements at the beneficial owner level.