9c4e18e9_International_Terms_of_Payment_SK_to_MOST_RISK_for_the_Seller_Usual_Time_of_Payment
[Method] SIGHT DRAFT (with documents against acceptance) [Goods Available To Buyer] After payment to buyer's bank. [Risk to Seller] If draft not honored, goods must be returned or resold. Storage, handling, and return freight expenses may be incurred. [Risk to Buyer] Assures shipment but not content, unless inspection or check-in is allowed before payment. [Comments] A draft can be a collection instrument used to exchange possession and title to goods for payment. Seller is essentially drawing a check against the bank account of the buyer. Buyer's bank must have pre-approval, or seek approval of the buyer prior to honoring the check. Payble upon presentation of documents. [Usual Time of Payment] 
On presentation of draft to buyer.
International Terms of Payment
Usual Time of Payment