Provision of some institutional sell orders stipulating that only cash will be accepted as payment for delivery upon settlement. also called receive versus payment.
Related information about receive against payment:
- What is receive against payment? definition and meaning
Definition of receive against payment: Provision of some institutional sell orders stipulating that only cash will be accepted as payment for delivery upon ...
- MT 541 Receive Against Payment
request the cancellation of a receive against payment instruction previously sent by ... pre-advise the account servicer of a forthcoming receive against payment ...
- Receive Versus Payment (RVP) Definition | Investopedia
... from paying money for securities until they held the securities and they were in negotiable form. Also called receive against payment (RAP). Investopedia Says ...
- receive against payment
Provision of some institutional sell orders stipulating that only cash will...
- Receive Versus Payment - RVP: Definition from Answers.com
... for delivery of the securities at the time of settlement. Institutions are generally required by law to accept only cash. Also called receive against payment.
- against payment - WordReference Forums
Delivery/Receive against payment sounds like C.O.D, or Cash On Delivery ( meaning, payment expected when we deliver it -- "You don't pay, ...
- Synopsis - Citi Transaction Services
22, MT541, Receive Against Payment, YES, YES. 23, MT542, Deliver Free ... 26, MT545, Receive Against Payment Confirmation, YES, YES. 27, MT546, Deliver ...
- ESES – ISO 15022 Data Dictionary Settlement and ... - Euroclear
Feb 13, 2012 ... 3.10 MT 541 RECEIVE AGAINST PAYMENT (MODIFICATION). ... 3.27 MT 545 RECEIVE AGAINST PAYMENT CONFIRMATION ...