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CIF Shipping

Household Goods
From Argentina
To Algeria
32 views / 0 experts
Mar 05, 2021

Who Pays for CIF Shipping? 

1 answer

Mar 05, 2021

The seller pays for and arranges the insurance and freight. It’s a popular Incoterm because the buyer knows the final cost of goods and need not organise the shipping and insurance suppliers. A seasoned buyer may prefer to organise these suppliers to get the best deal and avoid any premium for the seller to do the work.

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