GUIDANCE ON THE OBLIGATIONS OF SELLER & BUYER | Incoterm Abbreviation (See Below) | EXW | FCA | FAS | FOB | CFR | CIF | CPT | CIP | DAF | DES | DEQ | DDU | DDP |
Check suitability of each term before using |
Any mode of transport
including multi-modal
|
Sea and inland waterway only |
Any mode of transport including multi-modal |
Sea and inland waterway only |
Any mode of transport
including multi-modal
|
|||||||||
Seller delivers to... ...named place/port |
BUYER COLLECT
...Seller's Premises |
EXPORT CLEARED
...Buyer Carrier |
...Port of shipment |
...Port of shipment |
...Port of destination |
INSURED
...Port of destination |
...Destination point |
INSURED
...Destination point |
...Frontier |
...Port of destination |
DUTY PAID
...Port of destination |
...Destination point |
DUTY PAID
...Destination point |
|
Export Licence, official authorisations and export customs formalities |
Buyer |
Seller |
Seller |
Seller |
Seller |
Seller |
Seller |
Seller |
Seller |
Seller |
Seller |
Seller |
Seller |
|
Import Licence, official authorisations and import customs formalities |
Buyer |
Buyer |
Buyer |
Buyer |
Buyer |
Buyer |
Buyer |
Buyer |
Buyer |
Buyer |
Buyer |
Buyer |
Seller |
|
Contract of Carriage |
Buyer |
Buyer |
Buyer |
Buyer |
Seller |
Seller |
Seller |
Seller |
Seller |
Seller |
Seller |
Seller |
Seller |
|
Contract of Insurance (where neither party obligated, Contract of sale should specify. |
Either |
Either |
Either |
Either |
Either |
Seller |
Either |
Seller |
Either |
Either |
Either |
Either |
Either |
Incoterm Abbreviation Key | ||||||||||||||
Departure
|
EX Works (...named place) | |||||||||||||
Main carriage unpaid |
Free Carrier (...named place) | |||||||||||||
Free Alongside Ship (...named port of shipment) | ||||||||||||||
Free On Board (...named port of shipment) | ||||||||||||||
Main carriage paid |
Cost and Freight (...named port of destination) | |||||||||||||
Cost Insurance and Freight (...named port of destination) | ||||||||||||||
Carriage Paid To (...named place of destination) | ||||||||||||||
Carriage and Insurance Paid to (...named place of destination) | ||||||||||||||
Arrival |
Delivered At Frontier (...named place) | |||||||||||||
Delivered Ex Ship (...named port of destination) | ||||||||||||||
Delivered Ex Quay (Duty Paid) (...named port of destination) | ||||||||||||||
Delivered Duty Unpaid (...named place of destination) | ||||||||||||||
Delivered Duty Paid (...named place of destination) |