9c4e18e9_International_Terms_of_Payment_SK_to_MOST_RISK_for_the_Seller_Usual_Time_of_Payment
[Method] TIME DRAFTS (with documents against acceptance) [Goods Available To Buyer] Before payment, after acceptance [Risk to Seller] Relies on buyer to honor draft upon presentation. [Risk to Buyer] Assures shipment but not content. Time of maturity allows for adjustments, if agreed to by seller. [Comments] Payable based upon the acceptance of an obligation to pay the seller at a specified time. Although a time draft has more collection leverage than an invoice, it remains only a promissory note, with conditions. [Usual Time of Payment] 
On maturity of the draft
International Terms of Payment
Usual Time of Payment