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INCOTERMS 2010

EXW
INCOTERM AND SERVICES
Ex Works

FCA
Free Carrier

CPT

CIP

DAT
Delivered at Terminal

DAP
Delivered at Place

DDP

FAS

FOB

CFR
Cost & Freight

CIF
Cost Insurance & Freight

Carriage Carriage Paid Insurance Paid to to

Delivered Duty Free Alongside Free Onboard Paid Ship Vessel

Named terminal Named Place of Named Place of Named Place of Named Port of Named Place of Named Place of Named Port of at Port or Place Delivery Delivery Destination Destination Destination Destination Shipment of destination All Modes Who Pays Export Packing Export Clearances, Licenses and other Authorizations Inland Freight Loading Charges Origin Terminal Charges Insurance Freight Destination Arrival Charges Unloading Charges Import Customs Clearance Duty & Taxes Delivery to Destination All Modes Who Pays All Modes Who Pays All Modes Who Pays All Modes Who Pays All Modes Who Pays All Modes Who Pays Ocean Transport Who Pays

Named Port of Shipment Ocean Transport Who Pays

Named Port of Destination Ocean Transport Who Pays

Named Port of Destination Ocean Transport Who Pays

Mode of Transport

Seller Buyer Buyer Buyer Buyer

Seller Seller *Seller/Buyer Seller Buyer

Seller Seller Seller Seller Seller

Seller Seller Seller Seller Seller Seller Seller Seller Buyer Buyer Buyer Buyer

Seller Seller Seller Seller Seller

Seller Seller Seller Seller Seller

Seller Seller Seller Seller Seller

Seller Seller Seller Buyer Buyer

Seller Seller Seller Seller Seller

Seller Seller Seller Seller Seller

Seller Seller Seller Seller Seller Seller Seller Buyer Buyer Buyer Buyer Buyer

No Obligation No Obligation No Obligation Buyer Buyer Buyer Buyer Buyer Buyer Buyer Buyer Buyer Buyer Buyer Buyer Seller Seller Buyer Buyer Buyer Buyer

No Obligation No Obligation No Obligation No Obligation No Obligation No Obligation Seller Seller Seller Buyer Buyer Buyer Seller Seller Seller Buyer Buyer Seller Seller Seller Seller Seller Seller Seller Buyer Buyer Buyer Buyer Buyer Buyer Buyer Buyer Buyer Buyer Buyer Buyer Seller Buyer Buyer Buyer Buyer Buyer

Seller/Buyer No Obligation

* There are actually two FCA terms: FCA Seller's Premises where the seller is responsible only for loading the goods and not responsible for inland freight; and FCA Named Place (International Carrier) where the seller is responsible for inland freight. Neither the Seller or the Buyer have an obligation to secure cargo insurance however upon request, the Buyer or Seller must provide information necessary to obtain insurance by the requesting party

* INCOTERM RULES ARE NOT LAW AND WILL NOT RESOLVE ALL PROBLEMS IN TRADE. ABOVE DEFINITIONS ARE TO BE USED AS A GUIDELINE ONLY.

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