The foreign buyer wants CIF delivery terms
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 The FPA - Foreign Principal Agent issues the LPFI for the services the seller would have been responsible from EXW to CIF. All services are quoted by and handled by the logistics professional. No need for the seller to be responsible for these services. The FPA invoices the buyer and works at the buyer's direction. Risk of ownership transfers from the seller to the buyer when cargo is loaded at the seller's warehouse. Read more .. |
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| Under FCA seller's
warehouse terms, the seller retains control of export compliance
declaration, but doesn't move the cargo to a consolidation
warehouse. The seller is responsible for loading on the
collection conveyance. |
Two Pro Forma Invoices are
issued to the buyer -- #1 - From the Seller for all charges up to FCA seller's warehouse #2 - From the FPA for all charges from loaded on the seller's warehouse to the buyer's port of unlading |
Under CIF port of unlading terms, the buyer still retains responsibility from that point to the ultimate destination. The buyer appoints the service providers for that leg of the move and pays those providers directly. |
