Incoterms are standard trade definitions most
commonly used in international sales contracts They regulate the delivery of
merchandise in the outer traffic.
|
|
Intemational Chamber of Commerce Trade Terms. |
Ex works,ex factory,ex plantation, ex mill,ex warehouse, etc.
Title and risk pass to buyer including payment of all transportation and
insurance cost from the seller's door.
|
|
«EX WORKS», «EX FACTORY»,
«EX PLANTATION», «EX MILL»,
«EX WAREHOUSE». |
Free along side ship.
Title and risk pass to buyer including payment of all transportation and
insurance cost once delivered alongside ship by the seller.
|
|
«F.A.S. - FREE ALONG SIDE SHIP» |
Free on board.
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.
|
|
«F.O.B. - FREE ON BOARD». |
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.
|
|
«C. AND F. - COST AND FREIGHT». |
Cost and freight-landed.
The seller put the merchandise on board, pays the freight, the discharge and
the collocation on land of the destiny port .
|
|
«C. AND F. - LANDED». |
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.
|
|
«C.I.F. - COST, INSURANCE AND FREIGHT» |
Cost, insurance and
freight-landed,
The seller puts the merchandise on board and pays the freight, the insurance an
the unload expenses and the collocation on the dock.
|
|
«C.I.F. - LANDED». |
Cost, insurance, freight and
commission.
|
|
«C.I.F. AND C. - COST, INSURANCE, FREIGHT AND COMMISSION». |
Cost, insurance, freight and
exchange.
|
|
«C.I.F. AND E. - COST, INSURANCE, FREIGHT AND EXCHANGE». |
Cost, insurance, freight,
commission and interest.
|
|
«C.I.F.C. AND I. - COST, INSURANCE, FREIGHT, COMMISSION AND
INTEREST». |
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
|
|
«FREE CARRIER». |
Freight / carriage paid to...
Title, risk and insurance cost pass to buyer when delivered to carrier by
seller who pays transportation cost to destination.
|
|
«FREIGHT / CARRIAGE PAID TO ... ». |
Freight, 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
|
|
«FREIGHT, CARRIAGE AND INSURANCE PAID TO ... ». |
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.
|
|
«EX SHIP». |
Ex quay .
Equal clause to the previous one, in which in addition the seller pays to the
unloading and land positioning of the merchandise, extending the risks until
that moment.
|
|
«EX QUAY». |
Ex quay, duty paid.
In addition to the previous clause the seller is responsible of the rights,
burdens, taxes and import license..
|
|
«EX QUAY, DUTY PAID». |
Ex quay, duties on buyer's acount.
Equal to the previous clause but the expenses are under the responsible of the
buyer.
|
|
«EX QUA Y, DUTIES ON BUYER'S ACOUNT». |
Delivered duty paid.
Seller fulfills his obligation when goods have been made available at the named
place in the country of importation
|
|
«DELIVERED DUTY PAID». |
Free on rail, free on truck.
The seller is responsible of the merchandise until it's loaded on the train or
truck
|
|
«F.O.R. - FREE ON RAIL», «F.0.T. - FREE ON TRUCK». |
Delivered at frontier.
Title, risk and responsibility for import clearance pass to buyer when
delivered to named border point by seller.
|
|
«DELIVERED AT FRONTIER». |
F.O.B. - Airport
Variant of the clause F.O.B. - FREE ON BOARD . In which the merchandise is
delivered in the airport and not on board of the plane
|
|
«F.O.B. - AIRPORT». |
