What Are Seller Closing Costs?

FOB fee is one of the commonly used trade terms in international trade, and it is a commonly used price term in international trade contracts. The full text of FOB is Free On Board (... named port of shipment), that is, on-board delivery (designated port of shipment), which is customarily called the port of shipment. FOB is also called "FOB." According to the FOB transaction, the buyer is responsible for sending the ship to pick up the goods. The seller should load the goods on the ship designated by the buyer within the specified port of shipment and the specified time and notify the buyer in a timely manner. With the ship's rail line as the dividing line, After passing the ship's rail at the time of loading, the risk assumed is transferred from the seller to the buyer.

FOB fee

In 2011, there was no longer the concept of "sides". In other words, in the original FOB,
Under FOB conditions, the seller has to bear the risks and costs,
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Domestic costs in F OB include: 1. Processing and finishing costs; 2. Packaging costs; 3.
When closing on FOB terms, the seller is responsible for paying all costs before the goods are loaded on board. However, countries do not have a unified interpretation of the concept of "shipping", and who is responsible for the various costs of loading, and the practices or practices of different countries are not completely consistent. If liner shipping is used, the ship's tube is loaded and unloaded, and the loading and unloading charges are included.
Some countries encourage the use of CIF terms for exports and FOB terms for imports.

FOB Fee Introduction

FOB is taken from the homophony of the foreign trade term "FOB". The full name is FOB Business Forum, which is the "FOB Business Forum". This forum is a popular platform for foreign trade practitioners. There are two FOB Forums: one is the Shanghai FOB Forum, and the other is the Shenzhen FOB Forum.
The FOB Business Forum is hosted by Shanghai FOB Business Trading Co., Ltd. It was opened in Shanghai in December 2001. It focuses on serving domestic export-oriented business enterprises and overseas buyers, providing professional foreign trade information and information services to domestic customers, and providing consulting to overseas buyers. It adopts two methods of online resource sharing and offline professional services, so that traditional trade and network information can be closely integrated on the client. The FOB Business Forum has developed into one of the domestic professional foreign trade information service websites.
The mission of FOB Foreign Trade Forum is to provide counterpart overseas buyers information services for Chinese enterprises' export products based on Internet technology and professional trade consulting as a means to achieve the goal of expanding exports.
The goal of FOB Business Forum is to become the most professional information service provider in China's foreign trade e-commerce field.
The business model of the FOB Business Forum gathers a large amount of foreign buyers' information, uses professionals to personalize e-commerce services, tailor-made foreign trade information for domestic enterprises, and meets the biggest demands of domestic enterprises for e-commerce-counterpart overseas buyers , Which indirectly promotes export growth.

FOB Fee Features

The online resources of the FOB Foreign Trade Forum enable China's domestic export-oriented business enterprises to directly obtain foreign buyer information and purchase information, and also provide:
"Free Markets" opens direct channels for domestic and foreign traders
The "big buyer channel" provides the most direct interface for domestic suppliers to enter the supply chain of big buyers
"Business Download" provides the address of tool software and business documents related to export trade
"Business Search" provides the most comprehensive information query tool related to export trade in China, including purchase information at home and abroad, customs codes, import and export tax rates, export tax rebate rates, textile quotas, etc.
The offline service of the FOB Business Forum fully integrates the professional's e-commerce experience with the needs of the enterprise. "Product-oriented promotion services" and "buyer-oriented information services" are based on the fact that most ordinary membership-based services provided by general e-commerce sites cannot meet the actual e-commerce needs of export companies. According to the 80/20 principle, the FOB Business Forum only provides these paid professional services to a small number of customers. At the same time, the FOB Business Forum organized and screened a number of high-quality buyer resources based on the "short, fast," demand of some customers. FOB's foreign trade buyers list includes: "Americas Importers Directory", "European Importers Directory", "Medical Device Importers Directory", "Global Aquatic Traders Directory"
The FOB Business Forum has helped thousands of Chinese companies obtain overseas buyer information and is becoming one of the rare channels of trade information in the domestic export trade.

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