FOB-X12

Incoterms in X12 — who pays freight, who bears risk.

Definition

FOB carries FOB01 (Shipment Method of Payment, "CC" = collect, "PP" = prepaid, "DE" = collect on delivery), FOB02 (Location Qualifier, "OR" = Origin, "DE" = Destination), FOB03 (Description, e.g. "FOB ORIGIN"), FOB04 (Transportation Terms Qualifier), FOB05 (Transportation Terms Code, "CIP", "FOB", "EXW" Incoterms).

Origin

Defined by ASC X12.

Example in context

FOB*PP*OR*FOB ORIGIN PREPAID*ZN*FOB~

Related terms

• TD5 — 856 transport segment.