Incoterms


EXW

Ex works
Clauses: Indicating location agreed
Type of Transportation: All types

Obligations

Seller: Place the goods to the buyer at your facility. This clause represents the minimum obligation for the seller.

Buyer: Choose the mode and bear the cost and risk inherent in the transport of goods.
FCA

Free carrier
Clauses: Indicating location agreed
Type of Transportation: All types

Obligations

Seller: Deliver the goods to the carrier nominated by the buyer at the named place. The rights and export formalities are in charge.

Buyer: Choose the mode and the carrier. Pay all costs and bear all risks of the goods from the time the carrier takes over the goods at the agreed place.
FAS

Free alongside ship
Clauses: Indicating location agreed
Type of Transportation: Only Maritime

Obligations

Seller: Place the goods alongside the vessel at the place designated by the purchaser at the port of shipment. At the request of the purchaser shall give every assistance in obtaining the necessary permits for export of goods.

Buyer: Choose the shipping company and provide the name of the vessel to the seller. Pay the freight and support all risks from the moment the seller has placed alongside the vessel. Obtaining licenses to export and import.
FOB

Free on board.
Clauses: Indicating location agreed
Type of Transportation: Only Maritime

Obligations

Seller: Placing the goods on board the ship chosen by the buyer at the port of shipment. Fill yourself all formalities for export.

Buyer: Designate and reserve the ship and run with transport costs and risks inherent in the goods from that is on board.
CFR

Cost and freight.
Clauses: Indicating destination port
Type of Transportation: Only Maritime.

Obligations

Seller: Hiring the vessel, with its own freight, cargo and export formalities until the destination.

Buyer: Support any additional costs and risk of loss or damage to the goods from the time it is on board.
CIF

Cost, insurance and freight.
Clauses: Indicating destination port.
Type of Transportation: Only Maritime.

Obligations

Seller: All obligations of the clause plus additional CFR subscribe on their own, an insurance policy for transport of goods by a minimum of 110% of its value.

Buyer: Although it is the seller who hires and pays the insurance, the goods travel at buyer's risk, who is the beneficiary of the policy, either by direct appointment, or by the transferability of the same.
CPT

Cariage paid to.
Clauses: Indicating the destination.
Type of Transportation: All types

Obligations

Seller: Hire and pay for transportation of goods to the place of destination. Completing the formalities necessary for export.

Buyer: Support all risks inherent in the goods from the time the seller to deliver the first carrier. Bear any additional costs (loading, unloading, etc).
CIP

Carriage and insurance paid to.
Clauses: Indicating the place of destination.
Type of Transportation: All types

Obligations

Seller: Similar to the clause CPT, with additional sign their own insurance policy for transport of goods by a minimum of 110% of its value.

Buyer: The same as those of CPT clause. Agrees that the seller and buyer agreement in advance about the extent of insurance.
DAP

Delivered at place.
Clauses: pdte.
Type of Transportation: All types

Obligations

Seller: Deliver the goods and place in disposal of the buyer in the transportation of arrival, ready to be discharged.

Buyer: Unloading the goods and meet the costs from the time that it is made available in the transportation of arrival.
DAT

Delivered at terminal.
Clauses: pdte.
Type of Transportation: All types

Obligations

Seller: Deliver the goods at the terminal (*) target, making the download of it in the transportation of arrival.

Buyer: The costs from the time the goods have been unloaded at destination by the seller.
DDP

Delivered duty paid.
Clauses: Indicating location agreed
Type of Transportation: All types

Obligations

Seller: Support the same obligations DDU clause, adding to dispatch the goods at the Customs and pay duties and taxes on exports and imports.

Buyer: Support the risks inherent in the goods from the time of delivery occurs at the point lam agreed. This clause represents the minimum obligation for the buyer.

Place your mouse over any of the 11 Incoterms shown above and read its definition.

 

    *Incoterms 2010TM is an ICC trademark. For official use please consult www.iccwbo.org

Convenciones

 

 

INCOTERMS is an international regulation issued by the International Chamber of Commerce, to help understand the commercial terms used in international trade.

Incoterms regulate the distribution of documentation, delivery terms, cost and risk responsibilities.

Agente de aduana Agente de carga Plan Vallejo Centro de distribucion