CIF protects the buyer by including insurance, meaning if the goods are damaged or lost during transit, the insurance covers the losses, whereas with FOB, the buyer needs to secure insurance once the goods are on board to manage any transit risks. 5 When using CIF, the seller chooses the ...
1、FOB（Free On Board），也称“船上交货价”，是国际贸易中常用的贸易术语之一。按离岸价进行的交易，买方负责派船接运货物，卖方应在合同规定的装运港和规定的期限内将货物装上买方指定的船只，并及时通知买方。货物在装运港被装上指定船时，风险即由卖方转移至买方。2、CIF术语的中译名为成本加...
EXW(Ex Works):工厂交货,指卖方在工厂将货物交付给买方,并完成所有权转移。 FOB(Free On Board):船上交货,指卖方在装运港将货物装上买方指定的船只,并完成所有权转移。 CFR(Cost and Freight):成本加运费,指卖方负责将货物装上船只并承担运费,买方负责支付保险费和卸货费。 CIF(Cost, Insurance and Freight)...
FASstands for “free alongside ship” and is often used for bulk cargo transactions. It says that sellers must deliver goods to a vessel for loading, with the buyer taking responsibility for bringing them onboard. CIF CIF means “cost, insurance, and freight.” Under this rule, the seller ...
What about fob vs cif? FOB stands for Free On Board and CIF stands for Cost, Insurance, and Freight. The difference between the two is that when a shipment is sent out as FOB, the buyer assumes the responsibility of goods once they reach the port of their destination. In comparison, wi...
★CIF 1.The expenses and risks are separated (风险和费用分离) 2.CIF term is document transaction单据交易 (Symbolic delivery)象征性交货 The seller fulfills his duty of delivering goods against the documents The buyershall pay the price against the documents Ⅲ货交承运人的三个贸易术语 1)FCA(Fre...
▼CIF CIF(Cost+ Insurance+ Freight)也称到岸价(含保险),卖方负责交货至目的港,负责国内的运输费用,报关费用,以及海运费用,保险费。 CIF的计算公式 CIF=FOB价+运费+保险费 CIF=CFR价=保险费 ▼CFR、FOB、CIF区别与联系 FOB、CFR、CIF,三者的区别
CIF CFR FAS See all Sea Freight Incoterms FOB Origin vs FOB Destination: what’s the difference? The FOB Incoterm has two main versions: FOB Destination and FOB Origin, also known as FOB Shipping Point. The main difference between FOB Origin and FOB Destination is the point where the cargo...
This is the simple explanation on difference between FCA and FOB. Do you have different thought on FCA vs.. FOB? Who arranges Insurance under CFR terms under Export Import trade? Insurance under FOB terms, Importer or Exporter? Distinguish between CPT and CIF under Inco terms ...
TheFOB is different from the Cost, Insurance and Freight (CIF)rule, where the seller is responsible for the goods until they are delivered to the buyer. However, with FOB, there are two possibilities based on the terms of the agreement. Depending on the type of FOB terms signed, the sell...