EXW
- Ex Works --
Title and risk pass to buyer
including payment of all
transportation and insurance cost from the seller's
door. Used for any mode of transportation.
FCA - 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.
FAS
- Free Alongside Ship --Title
and risk pass to buyer including payment of all
transportation and insurance cost once delivered
alongside ship by the seller. Used for sea or inland
waterway transportation. The export clearance
obligation rests with the seller.
FOB
- Free On Board -- Title and
risk pass to buyer including payment of all
transportation and insurance cost once delivered on
board the ship by the seller. Used for sea or inland
waterway transportation.
CFR
- 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. Used for
sea or inland waterway transportation.
CIF
- 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. Used for sea or
inland waterway transportation.
CPT
- Carriage Paid To -- Title,
risk and insurance cost pass to buyer when delivered
to carrier by seller who pays transportation cost to
destination. Used for any mode of transportation.
CIP
- 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. Used for any mode of transportation.
DAF
- Delivered at Frontier --
Title, risk and responsibility for import clearance
pass to buyer when delivered to named border point by
seller. Used for any mode of transportation.
DES
- Delivered 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. Used for
sea or inland waterway transportation.
DEQ
- Delivered Ex Quay (Duty Paid) --
Title and risk pass to buyer when delivered on board
the ship at the destination point by the seller who
delivers goods on dock at destination point cleared
for import. Used for sea or inland waterway
transportation. DDU - Delivered Duty Unpaid -- Title,
risk and responsibility of import clearance pass to
buyer when seller delivers goods to named destination
point. Used for any mode of transportation. Buyer is
obligated for import clearance.
DDU
- Delivered Duty Unpaid --
Seller fulfills his obligation when goods have been
made available at teh named place in the country of
importation
DDP
- Delivered Duty Paid --
Title and risk pass to buyer when seller delivers
goods to named destination point cleared for import.
Used for any mode of transportation.
