Documents Against Acceptance (D/A)

Documents Against Acceptance (D/A) stipulates that documents are delivered to the buyer only after they accept the accompanying draft.

This term applies in international trade. Essential participants include exporters, importers, banks, and shipping companies. Primary documents involved are the bill of exchange, commercial invoice, and bill of lading. The buyer must formally agree to the draft before receiving shipment documents. This method protects exporters by ensuring the buyer commits to payment terms.