Dividend & Interest
Each year we calculate, distribute and reconcile several billion dividend and interest payments on behalf of our clients. Successful delivery is ensured through robust systems and process efficiencies that drive down costs and maintain accuracy for our clients. Each distribution is project managed through to successful completion.
We support distributions by cheque and bank mandate, as well as through the CREST settlement system. We have an active postal and online programme to encourage shareholders to mandate their payments directly to bank accounts.
Shareholders benefit through faster payment and increased security, and clients benefit through cost savings created when combined with our Consolidated Tax Vouchers and Electronic Tax Vouchers services.
Consolidated Tax Vouchers (CTVs) & Electronic Notice
Consolidated Tax Vouchers combine all distribution information onto one annual statement. Recent legislative changes now enable us to dispatch the tax statement electronically through CREST or via an email message to private shareholders. This reduces costs and supports the timely delivery of tax vouchers.