DAA in Payment Meaning
The DAA meaning in Payment terms is "Documents Against Acceptance". There are 1 related meanings of the DAA Payment abbreviation.
DAA on Payment Full Forms
- Documents Against Acceptance Instructions given by a shipper to a bank indicating that documents transferring title to goods should be delivered to the buyer only upon the buyer's acceptance of the attached draft.
Frequently Asked Questions (FAQ)
What does DAA stand for Payment?
DAA stands for Documents Against Acceptance in Payment terms.
What is the shortened form of Documents Against Acceptance in Payment?
The short form of "Documents Against Acceptance" is DAA for Payment.
Citation
DAA in Payment. Acronym24.com. (2021, September 19). Retrieved May 5, 2024 from https://acronym24.com/daa-meaning-in-payment/
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