Is there a currency exchange risk with Depository Receipts?

If paid, cash dividends will be automatically paid by electronic bank transfer to your Depository Receipt Cash Account. Dividends will be converted from euros to sterling and will be subject to the euro-sterling exchange rate.

Please be aware that as a result of the UK’s withdrawal from the European Union we have reluctantly concluded that we will need to discontinue the sale of new Depository Receipts to UK residents, which includes the issue of new Depository Receipts as part of the stock dividend scheme.

The current price in euro can be found on the Depository Receipt pages of the website. For the current price in sterling please call us on 0330 355 0355.

To facilitate the payment of cash dividends, sales proceeds and to comply with UK regulations around the handling of money arising from your Depository Receipt holding we have opened a Depository Receipt Cash Account for each Depository Receipt holder. All cash dividends and sales proceeds from Depository Receipts will be paid into your Depository Receipt Cash Account.

You can nominate a bank account for your Depository Receipt Cash Account and all sales proceeds and cash dividends can automatically be transferred to your nominated bank account within 2 business days of receipt.

If you wish to set up or change the details of your nominated bank account, you must send us a signed written instruction. The instruction must include the details of the new nominated account (including the account name, six digit sort code and eight digit account number). For joint accounts, the instruction must be signed by both account holders. Your nominated bank account must be a sterling account in your own name(s) with either another UK  bank/building society or an existing UK Triodos Bank account that allows deposits and withdrawals.

Depository Receipts (DRs) are a way to invest directly in Triodos Bank.

Between 2023 and 2025, the DR register was managed for us by an external provider called Captin. During that time, Triodos Bank UK customers needed to register with Captin if they wanted to sell their DRs.

This is still possible. Executors or beneficiaries can register with Captin and arrange a sale through them. We recommend contacting Captin first, as they can support the process and, where possible, this may help make the transfer more straightforward.

Since June 2025, DRs have also been listed on Euronext Amsterdam. This means DRs can also be sold through one of the approved brokers on Euronext Amsterdam.

DRs can only be transferred to a new holder in line with the Will. The new holder must register with Captin and complete their identity check before the DRs can be transferred into their name. Once the transfer is complete, the new holder can view their holding with Captin. They can then choose to keep or sell the DRs.

You can find more information below:

• Triodos Depository Receipts
  This page includes more information and frequently asked questions, including guidance on selling DRs.

• Learn all about Triodos | Captin
  This page explains how to register with Captin and how to sell DRs through their platform.

• Euronext Amsterdam listing
  This page includes information about the Euronext Amsterdam listing and contact details for approved brokers.