Capita International Payment Solutions

In this section

• FAQs
• Fees
• Request an application pack

Currency draft

You can elect to convert your sterling dividends into your local currency, and we will send you a Currency Draft.

The benefits:

• Reduced fees - Capita Registrars will charge a £5.00 administration fee (per transaction) for this service. For most shareholders living outside the UK, this will generally be cheaper than the fees charged by your local bank to convert your sterling dividend cheque into your local currency* however you should check with your bank to see if they will charge a fee for banking a currency draft. 
• Competitive exchange rates - we will arrange for your dividend to be exchanged into your local currency at competitive commercial foreign exchange rates on the dividend payment date. These will generally be preferable to retail foreign exchange rates offered on the high street to deposit overseas cheques.**

* Fees will differ amongst banks. You should compare the fees charged by your local bank before registering for the International Payment Service.

** Exchange rates are subject to fluctuation and can go down or up. This may result in a more or less favourable rate than if paid by sterling cheque.