Cost and freight: Difference between revisions
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imported>Doug Williamson (Create page. Source: AIT Worldwide.com webpage https://www.aitworldwide.com/incoterms-cfr) |
imported>Doug Williamson (add links) |
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==See also== | ==See also== | ||
* [[COD]] | * [[COD]] | ||
* [[Cost]] | |||
* [[CIF]] | * [[CIF]] | ||
* [[Documentary collection]] | |||
* [[DPU]] | * [[DPU]] | ||
* [[Freight]] | |||
* [[ICC Incoterms 2020]] | * [[ICC Incoterms 2020]] | ||
* [[Incoterms]] | * [[Incoterms]] | ||
* [[Transport documents]] | * [[Transport documents]] | ||
* [[Twenty-Foot Equivalent Unit]] | |||
* [[UCC]] | * [[UCC]] | ||
[[Category:Accounting,_tax_and_regulation]] | |||
[[Category:The_business_context]] | |||
[[Category:Identify_and_assess_risks]] | |||
[[Category:Manage_risks]] | |||
[[Category:Trade_finance]] | |||
Latest revision as of 16:11, 2 October 2022
Incoterms.
(CFR).
Under CFR terms, the seller is required to clear the goods for export, deliver them onboard the ship at the port of departure, and pay for transport of the goods to the named port of destination.
The risk passes from seller to buyer when the seller delivers the goods onboard the ship.
