Exchange Currency

receive against payment

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:
  1. 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 ...
     
  2. 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 ...
     
  3. 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 ...
     
  4. receive against payment
    Provision of some institutional sell orders stipulating that only cash will...
     
  5. 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.
     
  6. 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, ...
     
  7. 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 ...
     
  8. 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 ...