Wallchart

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EXW EX Works (…named place) Export clearance Import clearance Carriage of goods Risks Costs FCA Free CArrier (…named place) Risks Carriage of goods Costs Risks Carriage of goods Costs FAS Free Alongside Ship (…named port of shipment) FOB Free On Board (…named port of shipment) Carriage of goods Risks Costs Carriage of goods Risks Costs CFR Cost and FReight (…named port of destination) CIF Cost, Insurance and Freight (…named port of destination) Carriage of goods Risks Costs CPT Carriage Paid To (…named place of destination) Carriage of goods Risks Costs CIP Carriage and Insurance Paid to (…named place of destination) Carriage of goods Risks Costs DAF Delivered At Frontier (…named place) Carriage of goods Risks Costs DES Delivered Ex Ship (…named port of destination) Carriage of goods Risks Costs DEQ Delivered Ex Quay (…named port of destination) Carriage of goods Risks Costs DDU Delivered Duty Unpaid (…named place of destination) Carriage of goods Risks Costs DDP Delivered Duty Paid (…named place of destination) Carriage of goods Risks Costs Group C Main carriage paid by seller Under C Terms the seller arranges and pays for the main carriage but without assuming the risk of the main carriage Group D Arrival Under D Terms the seller’s cost/risk is maximized because he must make the goods available upon arrival at the agreed destination Carriage to be arranged by the buyer Risk transfer from the seller to the buyer when the goods are at the disposal of the buyer Cost transfer from the seller to the buyer when the goods are at the disposal of the buyer Carriage to be arranged by the buyer or by the seller on the buyer’s behalf Risk transfer from the seller to the buyer when the goods have been delivered to the carrier at the named place Cost transfer from the seller to the buyer when the goods have been delivered to the carrier at the named place Carriage to be arranged by the buyer Risk transfer from the seller to the buyer when the goods have been placed alongside the ship Cost transfer from the seller to the buyer when the goods have been placed alongside the ship Carriage to be arranged by the buyer Risk transfer from the seller to the buyer when the goods pass the ship’s rail Cost transfer from the seller to the buyer when the goods pass the ship’s rail Carriage to be arranged by the seller Risk transfer from the seller to the buyer when the goods pass the ship’s rail Cost transfer at port of destination, buyer paying such costs as are not for the seller’s account under the contract of carriage Carriage and insurance to be arranged by the seller Risk transfer from the seller to the buyer when the goods pass the ship’s rail Cost transfer at port of destination, buyer paying such costs as are not for the seller’s account under the contract of carriage Carriage to be arranged by the seller Risk transfer from the seller to the buyer when the goods have been delivered to the carrier Cost transfer at place of destination, buyer paying such costs as are not for the seller’s account under the contract of carriage Carriage and insurance to be arranged by the seller Risk transfer from the seller to the buyer when the goods have been delivered to the carrier Cost transfer at place of destination, the buyer paying such costs as are not for the seller’s account under the contract of carriage Carriage to be arranged by the seller Risk transfer from the seller to the buyer when the goods have been delivered at the frontier Cost transfer from the seller to the buyer when the goods have been delivered at the frontier Carriage to be arranged by the seller Risk transfer from the seller to the buyer when the goods are placed at the disposal of the buyer on board the ship Cost transfer from the seller to the buyer when the goods are placed at the disposal of the buyer on board the ship Carriage to be arranged by the seller Risk transfer from the seller to the buyer when the goods are placed at the disposal of the buyer on the quay Cost transfer from the seller to the buyer when the goods are placed at the disposal of the buyer on the quay Carriage to be arranged by the seller Risk transfer from the seller to the buyer when the goods are placed at the disposal of the buyer Cost transfer from the seller to the buyer when the goods are placed at the disposal of the buyer Carriage to be arranged by the seller Risk transfer from the seller to the buyer when the goods are placed at the disposal of the buyer Cost transfer from the seller to the buyer when the goods are placed at the disposal of the buyer Group F Main carriage not paid by seller Under F Terms, and under FCA unless otherwise agreed, the seller arranges and pays for the pre-carriage in the country of export Group E Departure Under EXW, the seller minimizes his risk by only making the goods available at his own premises Seller Carrier Buyer Critical points International Chamber of Commerce The world business organization ICC PUBLISHING38, Cours Albert 1er, 75008 Paris, France Telephone +33 1 49 53 28 28 Fax +33 1 49 53 28 59 Web site www.iccbooks.com E-mail [email protected] © International Chamber of Commerce, 1999. ICC publication No. 614 Incoterms 2000 will not apply unless incorporated into the contract of sale by clearly specifying that the contract is governed by Incoterms 2000. Incoterms are ICC's standard definitions of trade terms and are internationally recognized as indispensable evidence of the buyer's and seller's responsibilities for delivery under a sales contract. Copies of Incoterms 2000 (ICC publication No. 560) and the ICC Guide to Incoterms 2000 (ICC publication No. 620) can be obtained through ICC Publishing at the address below or from over 60 national committees and distributors worldwide. Transport obligations, costs and risks With the compliments of:

Transcript of Wallchart

Page 1: Wallchart

EXWEX Works

(…named place)

Export clearance Import clearance

Carriage of goods

Risks

Costs

FCAFree CArrier

(…named place) Risks

Carriage of goods

Costs

Risks

Carriage of goods

Costs

FASFree Alongside Ship

(…named port of shipment)

FOBFree On Board

(…named port of shipment)

Carriage of goods

Risks

Costs

Carriage of goods

Risks

Costs

CFRCost and FReight

(…named port of destination)

CIFCost, Insurance and Freight

(…named port of destination)

Carriage of goods

Risks

Costs

CPTCarriage Paid To

(…named place of destination)

Carriage of goods

Risks

Costs

CIPCarriage and Insurance Paidto (…named place of destination)

Carriage of goods

Risks

Costs

DAFDelivered At Frontier

(…named place)

Carriage of goods

Risks

Costs

DESDelivered Ex Ship

(…named port of destination)

Carriage of goods

Risks

Costs

DEQDelivered Ex Quay

(…named port of destination)

Carriage of goods

Risks

Costs

DDUDelivered Duty Unpaid

(…named place of destination)

Carriage of goods

Risks

Costs

DDPDelivered Duty Paid

(…named place of destination)

Carriage of goods

Risks

Costs

Group C Main carriage paid by sellerUnder C Terms the seller arranges and pays for the main carriage but without assuming the risk of the main carriage

Group D ArrivalUnder D Terms the seller’s cost/risk is maximized because he must make the goods available upon arrival at the agreed destination

Carriage to be arranged by the buyer

Risk transfer from the seller to the buyer when the goodsare at the disposal of the buyer

Cost transfer from the seller to the buyer when the goodsare at the disposal of the buyer

Carriage to be arranged by the buyer or by the seller on thebuyer’s behalf

Risk transfer from the seller to the buyer when the goodshave been delivered to the carrier at the named place

Cost transfer from the seller to the buyer when the goodshave been delivered to the carrier at the named place

Carriage to be arranged by the buyer

Risk transfer from the seller to the buyer when the goodshave been placed alongside the ship

Cost transfer from the seller to the buyer when the goodshave been placed alongside the ship

Carriage to be arranged by the buyer

Risk transfer from the seller to the buyer when the goodspass the ship’s rail

Cost transfer from the seller to the buyer when the goodspass the ship’s rail

Carriage to be arranged by the seller

Risk transfer from the seller to the buyer when the goodspass the ship’s rail

Cost transfer at port of destination, buyer paying such costsas are not for the seller’s account under the contract ofcarriage

Carriage and insurance to be arranged by the seller

Risk transfer from the seller to the buyer when the goodspass the ship’s rail

Cost transfer at port of destination, buyer paying such costsas are not for the seller’s account under the contract ofcarriage

Carriage to be arranged by the seller

Risk transfer from the seller to the buyer when the goodshave been delivered to the carrier

Cost transfer at place of destination, buyer paying suchcosts as are not for the seller’s account under the contractof carriage

Carriage and insurance to be arranged by the seller

Risk transfer from the seller to the buyer when the goodshave been delivered to the carrier

Cost transfer at place of destination, the buyer paying suchcosts as are not for the seller’s account under the contractof carriage

Carriage to be arranged by the seller

Risk transfer from the seller to the buyer when the goodshave been delivered at the frontier

Cost transfer from the seller to the buyer when the goodshave been delivered at the frontier

Carriage to be arranged by the seller

Risk transfer from the seller to the buyer when the goodsare placed at the disposal of the buyer on board the ship

Cost transfer from the seller to the buyer when the goodsare placed at the disposal of the buyer on board the ship

Carriage to be arranged by the seller

Risk transfer from the seller to the buyer when the goodsare placed at the disposal of the buyer on the quay

Cost transfer from the seller to the buyer when the goodsare placed at the disposal of the buyer on the quay

Carriage to be arranged by the seller

Risk transfer from the seller to the buyer when the goodsare placed at the disposal of the buyer

Cost transfer from the seller to the buyer when the goodsare placed at the disposal of the buyer

Carriage to be arranged by the seller

Risk transfer from the seller to the buyer when the goodsare placed at the disposal of the buyer

Cost transfer from the seller to the buyer when the goodsare placed at the disposal of the buyer

Group F Main carriage not paid by sellerUnder F Terms, and under FCA unless otherwise agreed, the seller arranges and pays for the pre-carriage in the country of export

Group E DepartureUnder EXW, the seller minimizes his risk by only making the goods available at his own premises

Seller Carrier Buyer

Critical points

International Chamber of CommerceThe world business organizationICC PUBLISHING 38, Cours Albert 1er, 75008 Paris, FranceTelephone +33 1 49 53 28 28 Fax +33 1 49 53 28 59Web site www.iccbooks.com E-mail [email protected]

© International Chamber of Commerce, 1999.ICC publication No. 614

Incoterms 2000 will notapply unless incorporated

into the contract of sale byclearly specifying that the

contract is governed byIncoterms 2000.

Incoterms are ICC's standard definitions of trade terms and areinternationally recognized as indispensable evidence of the buyer's andseller's responsibilities for delivery under a sales contract.Copies of Incoterms 2000 (ICC publication No. 560) and the ICC Guide to Incoterms 2000(ICC publication No. 620) can be obtained through ICC Publishing at the address below orfrom over 60 national committees and distributors worldwide.

Transport obligations, costs and risks

With the compliments of: