document against acceptance वाक्य
उदाहरण वाक्य
मोबाइल
- The Ex-Im bank will help guarantee loans for commercial banks who buy the purchase export bills under Document against Acceptance ( D / A ) or Document against Payment ( D / P ) terms.
- Commercial banks were willing to buy D / A ( Document Against Acceptance ) from exporters as the Exim bank guarantees to pay 85 per cent of the bank credit if the foreign buyer fails to make payments.
- MR Pridiyathorn Devakula, Exim Bank president, said that the Exim Bank will guarantee two types of export contracts-- document against acceptance ( DA ) and document against payment ( DP ), which exporters can use to guarantee export credit with commercial banks.
- The documents, however, are only released to the buyer after payment has been made ( " Documents against Payment " ) or payment undertaking has been given-the buyer has accepted a bill of exchange issued by the seller and payable at a certain date in the future ( maturity date ) ( " Documents against Acceptance " ).
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