International currency exchange service

If your company has international shareholders, they can now receive their dividend and distribution payments faster, easier and securely in their choice of currency. Computershare’s International Currency Exchange (ICE), delivered through our partner Citi, is a payment service that provides an alternative to Canadian dollar payment cheques.

When your shareholders use the International Currency Exchange service, their payments are converted to their local currency prior to being sent, with competitive currency exchange rates for both large and small amounts. Receiving proceeds in a local currency makes electronic payments possible in more countries, and having cheques drawn on a local bank avoids the timely and costly “collection” process required for cashing Canadian dollar cheques.

For a small service fee of CA$15 for cheques and CA$10 for wires, your shareholders can enjoy the convenience of receiving their funds in their preferred local currency.

This service also benefits your company

• Increase shareholder satisfaction with a flexible payment option
• Practice good corporate governance by ensuring entitlements get to your shareholders
• A cost-efficient solution that reduces unclaimed and replacement payments
• No cost to your organisation
• No foreign exchange risk or requirements from your organisation

With your consent, we will offer this product to your international shareholders in the upcoming dividend payments cycle. Your Relationship Manager will contact you to answer any questions and complete the consent documentation.

Computershare is not providing, and does not intend to provide, any legal, tax or investment advice.