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FOB- Incase of Export/Import Frieght charges will be paid in On Board Port(The end port)
TT : Its the transfer of fund,from bnak to bank(Eg.Customet bank Transfer money to Supplier bank)in any currency,locally or globally.
CIF : Its a type of Import method,in this case Frieght will be paid in Loading Port,but Insurance should be arranged in Boarding Country.Means goods are not insured by Supplier.
L/C- Letter of credit,on the basis of sales contract customer bank give Letter of credit guarantee to supplier bank,that the money will be paid on time on or before the materilas delivered.