CIP cost transfer

In a CIF (Cost, Insurance and Freight) contract, the cost transfer refers to the point at which costs shift from the seller to the buyer. The seller b...

Transfer costs are the expenses incurred for transporting goods between different modes of transportation or warehouses.

Under FOB (Free On Board), the seller bears all costs up to and including rendering the goods on board the vessel at the named port of shipment. From ...

Under Delivered Duty Paid (DDP), the seller bears all costs and risks to deliver the goods to the named destination, including import duties and taxes...

Under the Incoterm DAP (Delivered at Place), the cost transfer occurs when the goods are placed at the disposal of the buyer at the named place of des...

Under FCA, the transfer of costs from seller to buyer occurs when the goods are handed over to the carrier named by the buyer at the named place; the ...