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Incoterms 2010

McTrade Incoterms


Incoterms are used for determining the costs and risks between buyers and sellers in the international trade.

Incoterms define the rights and obligations of the seller and the buyer regarding supply and transport documents, the risk transition between salesman and buyer, as well as the cost division between salesmen and buyers.

Incoterms are valid only if they were expressly contractually agreed upon and in the sales contract or eg. in offers, general sales conditions, orders, order confirmations, etc. mentioned or are held in a separate declaration/agreement.
Incoterms
              Description
Place of delivery



EXW
Ex works
Factory of the seller
FCA
Free carrier
Place of the transfer to the carrier
FAS
Free alongside ship
Alongside sea-going vessel in shipping port
FOB
Free on board
Sea-going vessel in shipping port
CFR
Cost and Freight
Sea-going vessel in shipping port
CIF
Cost, Insurance and Freight
Sea-going vessel in shipping port
CPT
Carriage paid to
Place of transfer to the first carrier
CIP
Place of transfer to the first carrier
Place of transfer to the first carrier
DAF
Delivered at frontier
Destination at the border
DES
Delivered ex ship
Vessel in port of arrival
DEQ
Deliverd ex quay (duty paid)
Dock of the port of arrival
DDU
Delivered duty unpaid
Destination
DPP
Delivered duty paid
Destination
McTrade - Phone: +31 653443948 - E-mail: info@mctrade.nl
Last update: 19th December 2018 - © Copyright - McTrade 2018
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