How much is an ADR fee?

Asked by Emanuel Case

ADRs are created and issued by both domestic and international banks. These custodian banks or ‘ADR agents’ will typically charge an ADR ‘pass-through fee’ to cover administrative or other costs associated with the ongoing management of the particular ADR program. The average fee is one to three cents per share.

Selena Aguilera, BA Contributor
Selena Aguilera
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