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What's the best shipping Term for Export LCs ?

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Question added by Ahmed Taha - CMA - SOCPA - IFRS , Senior Accounting Manager – Controlling , Golf Saudi
Date Posted: 2014/02/21
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Judat Ijaz
by Judat Ijaz , Assistant Manager , Zen Financial Services

The best tersm probably are CFR ( Cost and Freight ) as the insurance cost is born by the impoprter and its easy to comply requiring lesser documentation.

Ayman Yahia
by Ayman Yahia , chief accountant , Samir Fouad accounting office

accutally there are many types for Delivery terms...but may be the best is CIP (Cost,Insurance and Frieght 

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