How Documents Against Acceptance works in International Trade

[@TradelinksResources]

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[@alextade2046]

Thanks! Very useful. If you had used english subtitles, it would have been perfect! Greetings from Argentina

[@Iphonmm]

So the only difference between DP and DA is DP is a swift mode of collecting payment from importer soon after the set of Documents arrive at the collecting Bank. On the other hand, DA is giving the importer some credit line by adding DA term e.g. DA 60 / 90 days after acceptance of the BL.

[@arifhossain0024]

thank you mam for giving us clear and easy concept of the topics . i am from bangladesh mam. Again thank you so much mam .

[@hildaerskine5616]

This is an awesome tutorials, will help businesses online thrive and everyone be at peace, Bravo

[@TradelinksResources]

thank you for your comment

[@GamingPotatoHD]

Thanks, good explanation, I had difficulties understanding the materials in my book but this explained it a lot.

[@TradelinksResources]

thanks - glad to hear that

[@syaheeds]

thank you so much, good info for my upcoming exam :)

[@lokkaashdhoni8665]

❤❤ Very well explanation 🎉🎉 so easy to understand..❤

[@mahalakshmi3429]

Great learning, thanks. It would be great if you post video Freight Prepaid and Frieght collect.

[@leonard3095]

Very useful information 🙏

[@riazhossen1689]

This is a wonderful video. Thank you very much for this video.

[@TradelinksResources]

thanks for your comment

[@isuruimesha2623]

Thanks alot 🎉

[@pandurangannagarajan683]

Very nice and useful information to be known to good exporters. Thanks a lot

[@TradelinksResources]

thank you !

[@jyotishisodia4104]

good information.. found it crisp and meaningful

[@TradelinksResources]

thanks for your comment. is there any topics you would like to see in my next video?

[@mr.balajilakhame7810]

very Good Explanation

[@TradelinksResources]

thanks

[@saifulislam9039]

Good description, and presentation also informative. Carry on . See you more video.

[@TradelinksResources]

thanks for your comment

[@safabdr3405]

Thaaanks a lot

[@eskatube3056]

best explanation thanks!

[@TradelinksResources]

thanks for your comment

[@riskieeeeh_8591]

Thankkk youuu,

[@yasirusamarakoon3816]

Very informative. Well done.

[@TradelinksResources]

thanks for your comment. is there any topics you would like to see in my next video?

[@partygirl2183]

Девушка, Вы отлично подготовились

[@oscarronald5570]

great learning kindly assist to also upload about Document for credit (LC) under Usance

[@ashleyperera9604]

thank you, great

[@TradelinksResources]

thanks for your comment

[@baskaranranujan7234]

superb

[@TradelinksResources]

thanks sir for your comment

[@RashtriyaGandharvSamajVivah]

OOO VERY AWESOME VIDEO
NICE INFORMATION...

[@TradelinksResources]

thanks

[@tekluasqualu8341]

great!

[@TradelinksResources]

thanks for your comment

[@paulcolley3556]

Thanks for your great videos all informative. what will happen if the importer refused to accept the documents at the bank, in other word he changed his mind and not wanting the cargo. what will be the next step to do for the bank or the shippers for the cargo or with money collection ?

[@thomaslebain1754]

Very good question, if in the meantime you have found the answer, please let us know !

[@ErvinMagyar]

As I understand if the Collecting Bank accepts the bill of exchange the importer must pay after 90 days of acceptance. As it is already stated in the contract.

[@ajeetrawat266]

video is very useful i'm a economics student...please make a video on how world trade is depend upon the USA's banking channel...?? in a context of recent sanction on Iran by USA force other country to shut the trade with iran. how these banking chanel works and why can't other nations develop their own banking chanel collectively. thank in advance

[@richardadamwais9734]

thanks it is helpful but if the importer don't accept the bill of exchange what could happen

[@outhereinchina]

nice eyes and insightful information!

[@TradelinksResources]

thanks for your comment

[@phanlinh9541]

Gread

[@KCLee228]

possible for Importer (Drawee) to settle at a separate bank of Exporter (Principal) upon due date?

[@Bollywoodfunnyworld]

VERY GOOD VERY GOOD SISTER

[@TradelinksResources]

thanks for your comment

[@califieldcrown3387]

Then what is the difference between doc against acceptance and open account? It seems to me same except the bank involvment with documents

[@FXandStocksect..]

What if importer rejects the documents?, after arrival of goods

[@TheMkrules]

where is the cover letter example link

[@SammyB-Habebe]

What if the imposter refused the shipped goods due to quality or damage reasons? What happens in this case?

[@sumit3867]

Discounting of bill

[@rockafridi1]

what is the guarantee that the Importer will must pay the bank after 90 days?
what if he went into loss and is not able to pay?

[@tansrb]

there is almost always a credit insurance safeguarding the transaction when using D/A payment terms.
in turn, the insurance determines the importer's credit risks and sets a credit limit accordingly.
on the event the importer goes bankrupt and defaults, insurance will cover an earlier agreed % of the transaction to the exporter.

[@miguelma3237]

this is susceptible to fraud as the importer can declare bankrupcy and make the goods disappear! on the other side it is only good if the insurance covers 100% of the payment! And who chooses the insurance company? if it is not a well know insurance company in the market you might have problems with them applying their policy in a honest way

[@fmstation6]

Ohh.. aside from the nice video, you have a nice hair. You changed your hair from the previous video. lol

[@hasnaahajji1207]

I'd thank you a lot for this explications and informations, but I have something I don't understand it that the (sight and usance!!!)

[@TradelinksResources]

thanks for your comment, i'll work on a video on Usance LC.

[@hasnaahajji1207]

Thank you