Remuneration for Services

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The remuneration of the Company shall be earned daily, settled monthly and prorated so that the Users contribute to defray same equitably, taking into special consideration the proportion of the amount and value of their tenure, as well as the amounts and frequencies of the operations executed. In addition, DCV may charge Users fixed amounts, which will constitute part of their remuneration, correspondingly.

Note

El Depósito Central de Valores (DCV) reports that its Board of Directors, in a session held on Tuesday, December 13, 2016, agreed to deliver a commercial discount of 11% on monthly invoicing for its customers. This discount will be effective as of January 1, 2017.

Internal Bylaws, title 20, remuneration of services (Spanish Only)

See Circular Letter Nº 302 and details of commercial discount on invoicing