Documents against Acceptance
Payment terms ‘DA’ means Documents against Acceptance. As per D.A terms, once the shipping documents along with bills of exchange received by the buyer’s bank, the buyer is informed to accept documents by buyer’s bank.
Documents against Acceptance
Before Breaking Bulk means making freight payment before a shipment is discharged. In a normal circumstance, freight is paid after the delivery of goods. In the case of BBB, however, freight must be paid before the vessel is allowed to leave the port.