Export drafts must be paid before the buyer receives shipping documents.

Name: Export drafts must be paid before the buyer receives shipping documents.
Brand: Quizplus
Rating: 4.8 (31 reviews)

Question

Quizplus · Accepted Answer

Export drafts, depending on the agreement, can be paid either at sight (upon presentation) or at a later date, and not necessarily before the buyer receives the shipping documents. The terms are usually specified in the sales contract or the letter of credit.

Export Drafts Must Be Paid Before the Buyer Receives Shipping