KDPW organises and co-ordinates the payment of cash benefits by issuers to persons entitled to rights attached to securities dematerialised in the securities depository.
Cash benefits are paid to cash accounts designated by the direct participants who maintain securities accounts or omnibus accounts of beneficial holders.Information on the payment of benefits is exchanged between the issuer and KDPW via a web-based application. The requirement to use such a means of communication applies to issuers with respect to shares, bonds, mortgage bonds, investment certificates and other debt securities recorded in the depository, excluding the State Treasury and the National Bank of Poland and issuers having their registered office outside the Republic of Poland. As of 1 July 2019, in the case of the payment of benefits attached to bonds, mortgage bonds and investment certificates (payment of proceeds, not redemption), such information may be exchanged between KDPW and the paying agent authorised by the issuer.