Create successful ePaper yourself
Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.
Incoterms are grouped into four categories: E, F, C, D.<br />
E term: EXW: The seller makes the goods available to the buyer at the seller's own premises; that is,<br />
direct delivery to the output.<br />
F terms: FCA, FAS and FOB: The seller is responsible to deliver the goods to a means of transport<br />
chosen by the buyer; that is, an indirect delivery without payment of principal transport.<br />
C terms: CFR, CIF, CPT and CIP: The seller contracts for transportation, but without assuming the<br />
risk of loss or damage to the goods or additional costs due to events occurring after shipment and<br />
dispatch; that is, an indirect delivery with payment of principal transport.<br />
D terms: DAT, DAP and DDP: The seller bears all costs and risks needed to bring the goods to the<br />
country of destination; this is a direct delivery arrival. The costs and risks are transferred at the same<br />
point as the terms E and F. terms<br />
19
Change language