| Term |
Description |
Means
that the Seller...... |
| EXW |
Ex
Works - named place |
fulfils
his obligation to deliver when he has made the goods available at
his premises. |
| FCA |
Free
Carrier - named place |
fulfils
his obligation to deliver when he has handed over the goods, cleared
for export, into the charge of the carrier named by the Buyer at the
named place. |
| FAS |
Free
Alongside Ship - named port of shipment |
fulfils
his obligation to deliver when the goods have been placed alongside
the vessel on the quay at the named port of shipment. |
| FOB |
Free
On Board - named port of shipment |
fulfils
his obligation to deliver when the goods have passed over the ship's
rail at the named port of shipment. |
| CFR |
Cost
And Freight - named port of destination |
must
pay the costs and freight necessary to bring the goods to the named
port of destination. |
| CIF |
Cost,
Insurance And Freight
- named port of destination
|
has
the same obligations as under CFR but with the addition that he has
to procure marine insurance. |
| CPT |
Carriage
Paid To - named place of destination |
pays
the freight for the carriage of the goods to the named destination |
| DDU |
Delivered
Duty Unpaid - named place of destination |
fulfils
his obligation to deliver when the goods have been made available
at the named place in the country of importation, excluding import
duties & taxes etc. |
| DDP |
Delivered
Duty Paid - named place of destination |
fulfils
his obligation to deliver when the goods have been made available
at the named place in the country of importation, including import
duties & taxes etc. |
