A payment method that commits to pay the goods price at a certain deadline with a bill of exchange as the instrument of payment. In other words, acceptance credit is a method where the price of the sold goods is paid to the seller at a maturity date bound to a bill of exchange. This credit is used by acceptance of the bill of exchange, submitted together with documents, by the importer or the importer's bank. Banks act as intermediaries in acceptance credit payments and charge commission. If the bill issued by the seller is only accepted by the buyer, it is 'trade acceptance.' Where a bank is expected to accept the bill, it does so or provides a guarantee (aval) for the importer's acceptance. This is called 'banker's acceptance'. By accepting or guaranteeing the bill with the bank, the exporter secures himself against the importer who wants to make deferred purchase.