After Sight

Definition of After Sight in International Trade

The following is a concept of After Sight in the context of international trade law, from the Dictionary of International Trade (Global Negotiator): In banking, a notation on a draft that indicates that the payment is due a fixed number of days after the draft has been presented to the drawee. For example, “60 days after sight” means that the drawee has 30 days from the date of presentation of the draft to make payment. See acceptance date; after date; bill of exchange; drawee.