What is a CDI?
A CREST Depository Interest (CDI) is a UK investment that represents an investment listed on an exchange outside the UK.
As international shares cannot be settled directly in CREST, a CDI is created to allow dealing and settlement in GBP in the same way as UK shares. CREST issues CDIs for each share in an international company. Each CDI is the equivalent of one share of the underlying company.
Dividends are paid on CDIs in the local currency of the investment and converted to GBP before being credited to your account.
Please note an FX charge is payable for converting the investment’s local currency to or from GBP when you deal in CDIs and for any conversion of dividend income or corporate action proceeds. Please see our charges and rates for more information.
Find out more about international dealing.