{"id":179383,"date":"2021-05-10T13:29:00","date_gmt":"2021-05-10T17:29:00","guid":{"rendered":"https:\/\/ibkrcampus.com\/glossary-terms\/delivery-vs-payment-dvp-and-receive-vs-payment-rvp\/"},"modified":"2023-01-22T13:31:42","modified_gmt":"2023-01-22T18:31:42","slug":"delivery-vs-payment-dvp-and-receive-vs-payment-rvp","status":"publish","type":"glossary-terms","link":"https:\/\/www.interactivebrokers.com\/campus\/glossary-terms\/delivery-vs-payment-dvp-and-receive-vs-payment-rvp\/","title":{"rendered":"Delivery vs. Payment (DVP) and Receive vs. Payment (RVP)"},"content":{"rendered":"<p>DVP and RVP are instructions to deliver US stocks from one Depository Trust Account (DTC) to another in exchange for payment. DVP is from IBKR to another broker, RVP is from another broker to IBKR.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>DVP and RVP are instructions to deliver US stocks from one Depository Trust Account (DTC) to another in exchange for payment. 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