Procedure in the case of domestic transactions is very much similar to those involving the exportation or importation of goods.

As an example, let us take the case of a manufacturer who desires to finance his purchases of raw material by means of bankers' acceptances. He accordingly requests his bank to issue a credit in favor of the sellers of the goods. Such credit is for a stipulated amount not exceeding to any large extent the value of the goods. Such drafts drawn to finance purchases of raw materials usually have a usance which give the purchaser time to manufacture this raw material and sell the manufactured product. They are usually drawn for a period of ninety days, as bills with a longer maturity may be said not to have a ready market. The seller will then ship his goods and draw a draft for their value on the bank issuing the credit. The draft, together with shipping documents, is then forwarded to the bank, and, as in the case of exports and imports, such documents must be so issued or indorsed as to give the bank title to the goods. The bank accepts the draft and returns it to the shipper, who disposes of it at the prevailing discount rate. The documents are turned over to the manufacturer, probably under a trust receipt, and he is then enabled to secure his raw material, manufacture and sell his goods. He is requested to place the bank in funds to meet the draft before maturity.