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How is cash arising from a corporate action paid to me?

If you are entitled to cash compensation following a corporate action, our operational teams will take the necessary action. The cash will be automatically booked into the investment cash account that is linked to your Investment ID. The currency in which any cash amount is paid will consistently align with the currency used for dividend payment in the market. If you do not have an investment account in the currency of the dividend, our corporate actions team will open one for you and will book the cash into the correct account.

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We strive to ensure a streamlined account opening process, via a structured and clear set of requirements and personalised assistance during the initial communication stages. If you are interested in opening a corporate account with MeDirect, please complete an Account Opening Information Questionnaire and send it to corporate@medirect.com.mt.

For a comprehensive list of documentation required to open a corporate account please contact us by email at corporate@medirect.com.mt or by phone on (+356) 2557 4444.