The most common use of drafts is to:

Name: The most common use of drafts is to:
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The most common use of drafts is to guarantee payment for goods in international trade. A draft is a payment order from one party (usually the buyer) to another (usually the seller) that directs the bank to pay a certain amount to the seller at a future date. This provides assurance to the seller that they will receive payment, and to the buyer that the goods will be delivered as agreed upon.

The Most Common Use of Drafts Is To