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FOB & CIF

FOB, seller doesn’t support main transportation and insurance cost, export customs clearance is operated by the seller, risk is transferred when the goods are delivered to the main transporter.

CIF, seller pays for packing, loading, pre-transportation, export customs clearance, main transportation and insurance (minimum coverage), buyer pays for handling at destination (cf alternative), import customs clearance, post-transportation (cf alternative), unloading at destination.

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