What is CIFC?

[elsaid_m]

Hi guys,

I hope someone can shed some light on this. We have sent a quote for an international client with shipping as CIF

They responded back that they want the shipping CIFC.

I've searched Google and all what I can find that it's the same as CIF +commission... I am struggling to find info about what's that commission and on what exactly is it.

Appreciate if someone has an idea to let me know.. (maybe it's too obvious but it's first time to pass by me and can't find clear answer online.. And obviously isn't good to go and ask the client what does he mean....)

 

[Denzel Fan]

There's no pure shipping terms as CIFC. So I agree with your understanding, which is CIF+commission. Just proceed and ask what's the percentage he wanna.

Try to reach his personal email, or call his mobile after work.