document against payment वाक्य

With other documents, including documents against payment and those against acceptance endorsed by foreign banks, risk weight will remain unchanged at 20 per cent, whether products are shifted or not.
The Ex-Im bank will help guarantee loans for commercial banks who buy the purchase export bills under Document against Acceptance ( D / A ) or Document against Payment ( D / P ) terms.
The risk of bank lendings to exporters who present no letter of credit ( L / C ) but document against payment ( DP ) is reduced to 20 per cent from the earlier 100 per cent.
MR Pridiyathorn Devakula, Exim Bank president, said that the Exim Bank will guarantee two types of export contracts-- document against acceptance ( DA ) and document against payment ( DP ), which exporters can use to guarantee export credit with commercial banks.
The documents, however, are only released to the buyer after payment has been made ( " Documents against Payment " ) or payment undertaking has been given-the buyer has accepted a bill of exchange issued by the seller and payable at a certain date in the future ( maturity date ) ( " Documents against Acceptance " ).