Quote Originally Posted by psychnurse View Post
Hi, I am finding there seems to be an r issue of ASX companies making it harder for NZer's to receive AUD dividends. The most recent is Telstra. They don't seem to have a cheque option.
How do those facing similar issues deal with this issue. I must have sent 10 emails to Link services Australia and still unable to get the dividend.
Opening a bank account in Australia for someone not planning to live there is rather tricky and requires proof of an Aussie address and for you to be there.
I think most (or at least a lot) Australian companies now direct credit to NZ bank accounts. About half my AUD dividends come in like that. My partners TLS comes straight in as NZ$ and has done for some while now.