What is foc incoterms?

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2026-02-18 01:35

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FOC, or "Free of Charge," is not an official Incoterm recognized by the International Chamber of Commerce (ICC). Instead, it typically refers to goods provided without any cost to the recipient, often used in contexts like promotional items or samples. In logistics and shipping, it's important to clarify the terms of delivery, as FOC does not specify responsibilities for transport, insurance, or risk transfer, which are key features of standardized Incoterms like CIF or FOB.

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