Questions tagged [depositary-receipts]

A depositary receipt (DR) is a negotiable financial instrument issued by a bank to represent a foreign company's publicly-traded securities.

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What fees do CREST Depository Interest (CDI) shareholders have to pay on a regular basis?

In the US, depository banks for ADRs usually charge depository fees to the owners of ADR shares. To collect the fees, the depository bank could reduce the dividend paid to ADR owners. The fees are ...