International Trade Terms Glossary

CFR - Cost and Freight

OK, so the buyer wants you to send the goods by sea to a named port. The buyer will pick up the insurance charges so you don't have to add those to the price. Easy, but make sure water is involved in the transport, otherwise use the term CPT.

CFR requires the seller to obtain clearance of the goods for export.

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At Shark Finesse we have developed an enterprise-grade cloud application to help businesses standardise and simplify their value engagements across the entire customer journey.

Shark, a business value engagement platform used by 1000’s of customer-facing teams globally (e.g. pre-sales, sales, value teams, and customer success) is easy to use, intuitive and usable directly with the customer to negotiate the likely business returns from investing in a solution.

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