What is the cash against document method? Advantages and The cash against documents is a management and payment tool for international transactions. Cash Against Documents is a payment method where the exporter submits the documents to the importer provided that the payment is made for the documents. Definition of cash against documents (CAD): A payment arrangement in which an exporter instructs a bank to hand over shipping and title documents (see. Exporters contemplating a sale on open account terms should thoroughly examine the political, economic, and commercial risks. Casino club wiki draft, sometimes also called a bill of cad payment method, is analogous to a foreign buyer's check. A change made to a letter of credit after it has been issued is called an amendment. The letter of credit specifies the documents that are required to be presented basteln opitec the exporter, such as an ocean bill of lading original and several copiesconsular invoice, draft, and an insurance policy. Cash in Advance Receiving payment by cash in advance of the shipment might seem ideal. Foreign bank may have problems making payment in sum or timeliness.