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FOB: Free on Board. The geographic point at which title to goods transfers from seller to buyer. This could be the shipper's dock, an intermediate port, or the buyer's receiving dock. The buyer assumes the risk of loss and any further freight and handling charges at the FOB point.

CIF: Cost, Insurance, Freight. The quoted price includes the cost of the goods, insurance, and freight charges. The seller is paying for insurance charges. This may complicate claims filing and may not be the best deal that the buyer could get from is own insurance company. It is simpler though.

CNF: Cost, No insurance, Freight. The quoted price includes the cost of the goods and freight charges. The buyer is responsible for insuring the goods. Claims filing may be easier and the buyer has a vested interest in the rate. It is more complicated though
In all cases of DA (Document against acceptance of Bill of Exchange through Bank) and DP(Document against Payment through Bank) or CAD (Cash against Document through Bank), the documents can under no circumstances be sent directly to buyer; it has to go through Bank. Please refer to international INCOTERMS (defined by International Chamber of Commerce, Brussels) for more details.