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 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 the 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.
Note
: EXW, CPT, CIP, DAF, DDU
and DDP are commonly used for any mode of transportation. FAS, FOB,
CFR, CIF, DES, and DEQ are used for sea and inland waterway.
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