kind of payment for products that the related documents of the transferring title to the products won’t be accessible for the customer until he/she accepts the exchange or draft issued against him/her.

What is D/A (Documents Against Acceptance) 1 kind of a payment for products that the related documents of the transferring title to the products won't be accessible for the customer until he/she accepts the exchange or draft issued against him/her.An agreement under which an exporter directs the presenting bank to hand over shipping and title documents (see the document of title ) to the importer only as long as the importer fully accepts the corresponding bill of exchange or draft through signing them.

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