Search results with tag "Choosing the right incoterms for letters of credit"

Choosing the Right INCOTERMS for Letters of Credit

FOB (Free on Board): WATERWAY Term . LCL, Breakbulk, Barge or Charter. SELLER must deliver goods “on board” named vessel. Documentation, costs & risks up to goods “on board” are seller’s. Revenue recognition is available once B/L is released to seller. BUYER must give seller ample notice of vessel loading details.

  Direct, Letter, Free, Board, Rights, Buyers, Choosing, Incoterms, Free on board, Choosing the right incoterms for letters of credit