Managing Your DRIP and DSP Accounts
Transfer agents offer a range of DRIP and DSP services. Most give you numerous ways to make additional cash payments and numerous ways to manage your account online. When you contact a transfer agent, be sure to specify the company that interests you because transfer agents represent hundreds and sometimes thousands of companies.
Services they offer you include …
• The ability to enroll in a DRIP or DSP over the Internet.
• Electronic funds transfer (EFT) services that allow you to transfer funds between your bank accounts and your DRIP or DSP account, as long as the prospectus of the company whose stock you own permits the transfer.
• Internet access to dividend and DRIP and DSP historical information.