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I am abuyer

 

Am I prepared to bear all costs and risks from the moment the goods are available for collection at the seller’s warehouse?

yes
no

Am I capable to load the goods at the seller’s warehouse?

yes
no

Can I obtain the required export licenses and carry out all export and transit formalities?

yes
no

Am I prepared to organise main carriage (including consolidation), pay the freight and bear the risk of the goods until arrival at the agreed place of destination?

yes
no

Are the goods shipped by air, rail, road or container?

yes
no

Do I accept all risks from the moment the goods are handed over to the carrier in terminal? (= did I book the terminal ?)

yes
no

Do I accept another transport document than a negotiable B/L?

yes
no

Do I accept the risks from the moment the goods have been presented alongside the (ocean going) vessel?

yes
no

Do I accept the risks from the moment the captain has received the goods on board the ship?

yes
no

Am I prepared to bear the risks during transportation but have the seller organise and pay for transportation to the agreed place?

yes
no

Are the goods shipped by air, road, rail or container?

yes
no

Do I accept the risks from the moment the goods are handed over in the terminal of departure of main carriage?

yes
no

Do I accept any other transport document than a negotiable B/L?

yes
no

Do I accept the risks from the moment the goods have been placed on board the ship?

yes
no

Is the place of destination a terminal where I will come to collect the goods?

yes
no

Do I want to clear the goods for importation in the country of destination?

yes
no
Result

DDP

... named place of destination

Delivered Duty Paid

Delivery and risk
Cost

The buyer

  • unloads the goods from the arriving vehicle at the agreed place of destination

The Seller

  • arranges goods with invoice, packaging, import licence and way bill
  • arranges export, transit, import and security formalities up to the agreed place of destination
  • includes all duties upon importation in the invoice (including VAT)
  • assumes all costs and risks till delivery in the agreed place of destination, ready for unloading from the arriving vehicle

DAP

named place of destination

Delivered at Place

Delivery and risk
Cost

The buyer

  • assumes all costs and risks of the goods from the moment they are at his disposal in the agreed terminal of destination
  • assumes import formalities
  • collects the goods at the agreed terminal of destination

The Seller

  • arranges goods with invoice, packaging, export licence and way bill (Delivery Order)
  • arranges export, transit and security formalities up to the agreed terminal
  • assumes all costs and risks till delivery in the agreed terminal in said port or place of destination, ready for collection by the buyer

DAT

named terminal at port or place of destination

Delivered at Terminal

Delivery and risk
Cost

The buyer

  • assumes all costs and risks of the goods from the moment they are at his disposal in the agreed terminal of destination
  • assumes import formalities
  • collects the goods at the agreed terminal of destination

The Seller

  • arranges goods with invoice, packaging, export licence and way bill (Delivery Order)
  • arranges export, transit and security formalities up to the agreed terminal
  • assumes all costs and risks till delivery in the agreed terminal in said port or place of destination, ready for collection by the buyer

CFR

... named port of destination

Cost and Freight

Delivery and risk
Cost

The buyer

  • assumes all costs (except for the freight) and risks of the goods from the moment they have been placed on board of a ship booked for the agreed port of destination
  • assumes customs and security formalities with respect to transit and import
  • receives/discharges the goods from the ship at the agreed port of destination

The Seller

  • arranges goods with invoice, packaging, export licence and B/L
  • arranges customs formalities when exporting
  • contracts for carriage and includes the freight rate for the transport of the goods to the designated port in his invoice
  • assumes all costs and risks of the goods up to delivery of the cleared goods upon placing them on board of his ship in the port of departure.

CIF

... named port of destination

Cost, Insurance Freight

Delivery and risk
Cost
Insurance

The buyer

  • assumes all costs (except for the freight) and risks of the goods from the moment they have been placed on board of a ship booked for the agreed port of destination
  • assumes customs and security formalities with respect to transit and import
  • receives/discharges the goods from the ship at the agreed port of destination

The Seller

  • arranges goods with invoice, packaging, export licence, B/L and insurance policy
  • arranges customs formalities when exporting
  • contracts for carriage and insurance and includes the freight rate to the designated port and insurance premium in his invoice
  • assumes all costs and risks of the goods up to delivery of the cleared goods upon placing them on board of his ship in the port of departure.

CPT

... named place of destination

Carriage Paid To

Delivery and risk
Cost

The buyer

  • assumes all costs (except for the freight) and risks of the goods from the moment they have been transferred to the ‘first’ carrier
  • assumes customs and security formalities with respect to transit and import
  • receives the goods from the carrier at the agreed place of destination

The Seller

  • arranges goods with invoice, packaging, export licence and way bill
  • arranges customs formalities when exporting
  • contracts for carriage and includes the freight rate for the transport of the goods to the designated destination in his invoice
  • assumes all costs and risks of the goods up to delivery of the cleared goods upon transfer to his carrier or freight forwarder at the place of departure.

CIP

... named place of destination

Carriage and Insurance Paid To

Delivery and risk
Cost
Insurance

The buyer

  • assumes all costs (except for the freight and insurance) and risks of the goods from the moment they have been transferred to the ‘first’ carrier
  • assumes customs and security formalities with respect to transit and import
  • receives the goods from the carrier at the agreed place of destination

The Seller

  • arranges goods with invoice, packaging, export licence, way bill and insurance certificate
  • arranges customs formalities when exporting
  • contracts for carriage and insurance and includes the freight rate and insurance premium for the transport of the goods to the designated destination in his invoice
  • assumes all costs and risks of the goods up to delivery of the cleared goods upon transfer to his carrier or freight forwarder at the place of departure.

FOB

... named port of shipment

Free On Board

Delivery and risk
Booking of the freight (collect)
Cost

The buyer

  • organizes carriage from the agreed port of departure
  • assumes all costs and risks of the goods from the moment they have been placed on his ship
  • assumes customs and security formalities with respect to transit and import

The Seller

  • arranges goods with invoice, packaging, export licence
  • arranges customs export formalities
  • assumes all costs and risks of the goods up to delivery the cleared goods by placing them on the ship booked by (on behalf of) the buyer in the agreed port of departure (port customs).

FAS

... named port of shipment

Free Alongside Ship

Delivery and risk
Booking of the freight (collect)
Cost

The buyer

  • organizes carriage from the agreed port of departure
  • assumes all costs and risks of the goods from the moment they have been placed alongside the ship he has booked
  • assumes customs and security formalities with respect to transit and import

The seller

  • arranges goods with invoice, packaging, export license
  • arranges customs export formalities
  • assumes all costs and risks of the goods up to delivery of the cleared goods by placing them alongside the ship booked by (or on behalf of) the buyer in the agreed port of departure.

FCA

... named place

Free Carrier

Delivery and risk
Booking of the freight (collect)
Cost

The buyer

  • organizes carriage from the agreed point of departure
  • assumes all costs and risks of the goods from the moment they have been transferred to ‘his’ carrier
  • assumes customs and security formalities with respect to transit and import

The Seller

  • arranges goods with invoice, packaging, export licence
  • arranges customs formalities when exporting
  • assumes all costs and risks of the goods up to delivery of the cleared goods upon transfer to the carrier or freight forwarder contracted by (on behalf of) the buyer at the agreed place of departure.

EXW

... named place

Ex works

Delivery and risk
Cost

The buyer

  • is liable for the loading and export and import clearance (the procedures with Customs).
  • assumes all costs and risks of the goods from the sellers business premises to the final destination

The Seller

  • supplies the goods by making them available to the buyer at his business premises (workshop, storage facility, depot, factory, etc.).
  • arranges goods with an invoice (or EDI message) and packaging.
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