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Which of the following characterize "delivery against payment" also known as "delivery versus payment"?

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Which of the following characterize "delivery against payment" also known as "delivery versus payment"?

A.

Securities are first delivered and then the payment is processed

B.

The payment order is first blocked and then the payout of securities is processed

C.

Securities are exchanged into a defined currency

D.

Delivery is insured if and only if payment occurs

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  • Vendor: ACI
  • Product: 3I0-013
  • Update on: Aug 18, 2025
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TESTED 18 Aug 2025