IncoTerms
Written by Administrator
Monday, 21 December 2009 22:00
Inco Terms
- EXW - Ex Works -- Title and risk pass to buyer including payment of all transportation and insurance cost from
- the seller's door. Used for any mode of transportation.
- FCA - Free Carrier -- Title and risk pass to buyer including transportation and insurance cost when the seller delivers
- goods cleared for export to the carrier.Seller is obligated to load the goods on the Buyer's collecting vehicle;
- it is the Buyer's obligation to recieve the Seller's arriving vehicle unloaded.
- FAS - Free Alongside Ship --Title and risk pass to buyer including payment of all transportation and insurance
- cost once delivered alongside ship by the seller. Used for sea or inland waterway transportation. The export
- clearance obligation rests with the seller.
- FOB - Free On Board and risk pass to buyer including payment of all transportation and insurance cost once
- delivered on board the ship by the seller. Used for sea or inland waterway transportation.
- CFR - Cost and Freight -- Title, risk and insurance cost pass to buyer when delivered on board the ship
- by seller who pays the transportation cost to the destination port. Used for sea or inland waterway transportation.
- CIF - Cost, Insurance and Freight -- Title and risk pass to buyer when delivered on board the ship by seller
- who pays transportation and insurance cost to destination port. Used for sea or inland waterway transportation.
- CPT - Carriage Paid To -- Title, risk and insurance cost pass to buyer when delivered to carrier by seller
- who pays transportation cost to destination. Used for any mode of transportation.
- CIP - Carriage and Insurance Paid To --Title and risk pass to buyer when delivered to carrier by seller who
- pays transportation and insurance cost to destination. Used for any mode of transportation.
- DAF - Delivered at Frontier -- Title, risk and responsibility for import clearance pass to buyer when delivered
- to named border point by seller. Used for any mode of transportation.
- DES - Delivered Ex Ship -- Title, risk, responsibility for vessel discharge and import clearance pass to buyer
- when seller delivers goods on board the ship to destination port. Used for sea or inland waterway transportation.
- DEQ - Delivered Ex Quay (Duty Paid) -- Title and risk pass to buyer when delivered on board the ship at the
- destination point by the seller who delivers goods on dock at destination point cleared for import. Used for
- sea or inland waterway transportation. DDU - Delivered Duty Unpaid -- Title, risk and responsibility of import
- clearance pass to buyer when seller delivers goods to named destination point. Used for any mode of
- transportation. Buyer is obligated for import clearance.
- DDU - Delivered Duty Unpaid -- Seller fulfills his obligation when goods have been made available at teh
- named place in the country of importation
- DDP - Delivered Duty Paid -- Title and risk pass to buyer when seller delivers goods to named destination
- point cleared for import. Used for any mode of transportation.
Easy inco Terms
| Service |
EXW
|
FCA
|
FAS
|
FOB
|
CFR
|
CIF
|
CPT
|
CIP
|
DAF
|
DES
|
DEQ
|
DDU
|
DDP
|
| Export Packing |
S
|
S
|
S
|
S
|
S
|
S
|
S
|
S
|
S
|
S
|
S
|
S
|
S
|
| Labeling |
S
|
S
|
S
|
S
|
S
|
S
|
S
|
S
|
S
|
S
|
S
|
S
|
S
|
Export Clearance
|
B
|
S
|
B
|
S
|
S
|
S
|
S
|
S
|
S
|
S
|
S
|
S
|
S
|
| Insurance |
B
|
B
|
B
|
B
|
B
|
S
|
B
|
S
|
S
|
S
|
S
|
S
|
S
|
Main Carrier nomination
|
B
|
B
|
B
|
B
|
S
|
S
|
S
|
S
|
S
|
S
|
S
|
S
|
S
|
Export Forwarder nomination
|
B
|
B
|
B
|
B
|
S
|
S
|
S
|
S
|
S
|
S
|
S
|
S
|
S
|
Pick Up
|
B
|
S
|
S
|
S
|
S
|
S
|
S
|
S
|
S
|
S
|
S
|
S
|
S
|
| Main Carrier |
B
|
B
|
B
|
S
|
S
|
S
|
S
|
S
|
S
|
S
|
S
|
S
|
S
|
| Unloading Main Carrier |
B
|
B
|
B
|
B
|
B
|
B
|
B
|
B
|
B
|
B
|
S
|
S
|
S
|
| Arrange On-Carrier |
B
|
B
|
B
|
B
|
B
|
B
|
B
|
B
|
B
|
B
|
B
|
S
|
S
|
Import Clearance
|
B
|
B
|
B
|
B
|
B
|
B
|
B
|
B
|
B
|
B
|
S
|
B
|
S
|
| Destinaion Duty, Taxes |
B
|
B
|
B
|
B
|
B
|
B
|
B
|
B
|
B
|
B
|
S
|
B
|
S
|
|
| Last Updated ( Cuma, 18 Aralýk 2009 ) |
IncoTerns