- The Seller arranges and pays for the transport to the named port or destination as per the agreement between the parties. Export clearance is the responsibility of The Seller . The Insurance is beared by The Seller till the agreed port.
- The Seller is responsible for loading the Goods/Container(s)/package(s) on the vessel.
- The Risk transfers from The Seller to The Buyer, once the Goods/Container(s)/package(s) have been Loaded on Board.
- For CIF, the Payment Terms is Freight Prepaid.
- CIF is only applicable in Inland and Waterways Transportation.
