Sunday, February 06, 2011

Question: Direct deposited dividend payments

Is there any law in NZ that says share dividends have to be paid via direct deposit to a bank account rather than via other options, say with a cheque?

What about Oz dividends being paid to a NZ resident? If the NZ resident desires to be paid via cheque, but the Oz company refuses to pay by any other means than direct deposit to a bank account?

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