A sight draft is a payment for purchase of goods and services across national borders which is payable only on a specific future date.

Name: A sight draft is a payment for purchase of goods and services across national borders which is payable only on a specific future date.
Brand: Quizplus
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Quizplus · Accepted Answer

A sight draft is a type of payment which is payable immediately, upon presentation of the draft to the buyer. It is not a method of payment that allows for a specific future date for payment.

A Sight Draft Is a Payment for Purchase of Goods