documents against acceptance (D/A)

Definition of "documents against acceptance (D/A)"
  1. Instructions from a shipper telling a bank to hand over title transferring documents to a buyer only after the buyer agrees to the attached draft
How to use "documents against acceptance (D/A)" in a sentence
  1. The shipper used documents against acceptance (D/A) to ensure the safe transfer of goods.
  2. The bank followed the documents against acceptance (D/A) instructions to deliver the title papers.
  3. He received his title documents after clearing the documents against acceptance (D/A) process.

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