the buyer agrees to pay for the products upon presentment of a sight draft under a credit

the buyer agrees to pay for the products upon presentment of a sight draft under a credit
the buyer agrees to pay for the products upon presentment of a sight draft under a credit

the buyer agrees to pay for the products upon presentment of a sight draft under a credit
sight draft即期汇票（见票即付）
远期汇票time draft
under a credit? 信用证L/C
买方同意在出示信用证下即期汇票立即支付产品货款.

买主同意使用有信用保障的即期汇票来支付货款

这是承兑信用证吧，意思是：买方同意按信用证上所描述的商品，见票（汇票）付汇。