| EXW |
Ex Works ( named place) |
The
seller is responsible to make the goods available
to the buyer at the sellerˇs own premises.
The buyer bears all costs and risk in delivering
the goods from the sellerˇs premise to the
named place of destination. |
| FCA |
Free Carrier ( named place) |
The seller has to fulfill
the obligations to deliver the goods and clear
them for export to the carrier named place where
the risk of loss and damage is also transferred
from seller to buyer. |
| FAS |
Free Alongside Ship (named port
of shipment) |
The seller has to fulfill
the obligations to deliver the goods alongside
the vessel on the quay at the named port of shipment,
where the buyer bears all costs and risk from
that time. |
| FOB |
Free On Board (named port of shipment |
The seller has to fulfill
the obligations to deliver the goods on board
the vessel at the named port of shipment and clear
the goods for export. The buyer bears all costs
and risks when the goods are passed over the shipˇs
rail. |
| CFR |
Cost and Freight (named port of destination) |
The seller has to pay for
the costs and freight necessary to deliver the
goods to the named port of destination. But the
buyer bears the risk of loss and damage when the
goods are passed over the shipˇs rail in
the port of shipment. Insurance and import clearance
is the buyer's responsibility. |
| CIF |
Cost, Insurance and Freight
(named port of destination) |
The seller has to pay for
the costs and freight necessary to deliver the
goods to the named port of destination. The seller
has to procure transport insurance against the
risk of loss or damage to the goods. The seller
must contract with the insurer and pay the insurance
premium. The buyer bears the risk of loss and
damage when the goods are passed over the shipˇs
rail in the port of shipmen, and pay for the import
clearance. |
| CPT |
Carriage Paid To (named place of destination) |
The seller has to fulfill
the obligations to pay for freight to deliver
the goods to the named place of destination and
clear them for import. The risk of loss or damage
to the goods and any cost increases is transferred
from the seller to the buyer when the goods are
delivered to the custody of the final carrier,
but not at the ship's rail. The buyer pays for
import clearance. |
| CIP |
Carriage and Insurance Paid To (named place
of destination) |
The seller has to fulfill
the obligations to pay for freight to deliver
the goods to the named place of destination and
clear them for import. The risk of loss or damage
to the goods and any cost increases is transferred
from the seller to the buyer when the goods are
delivered to the custody of the final carrier,
but not at the ship's rail.
The seller has to procure transport insurance
against the risk of loss or damage to the goods
during the carriage. The seller contracts with
the insurer and pays the insurance premium. |
| DAF |
Delivered At Frontier (named place) |
The seller has to fulfill
the obligations to deliver the goods to the named
place of frontier before the customs border of
the adjoining country. The term is primarily used
when goods are carried by rail or truck. The seller
bears the full cost and risk in delivering the
goods up to the named place and the buyer has
to arrange and pay for the goods to clear customs. |
| DES |
Delivered Ex Ship (named port of destination) |
The seller has to fulfill
the obligations to make the goods available to
the buyer on board the ship at the named port
of destination The seller bears the full cost
and risk involved in delivering the goods there
while the buyer bears the cost of unloading the
goods and any customs duties. |
| DEQ |
Delivered Ex Quay ( named port of destination) |
The seller has to fulfill
the obligations to make the goods available to
the buyer on the quay at the named port of destination
and clear for import. The seller bears the full
cost and risks in delivering the goods to that
point including unloading. It can be stated with
"ex quay duty paid" in which the seller
has to pay the duty; Or "ex quay duty on
buyer's account" in which the duty also is
paid by the seller, but the buyer must reimburse
the seller. |
| DDU |
Delivered Duty Unpaid (named place of destination) |
The seller has to fulfill
the obligations and bear all costs and risk in
delivering the goods to the named place of destination.
The seller has no obligation for import clearance.
|
| DDP |
Delivered Duty Paid (named place of destination) |
The seller has to fulfill
the obligations in delivering the goods to the
named place of destination The seller bears all
risks and costs, including import duties, taxes,
delivery charges and clears for import. |