Incoterms
Simplified
Unlocking the Power of Incoterms for Seamless Global Shipping.
Incoterms 2020 Rules
Chart of responsibilities and transfer of risk
Any transit mode
Sea / Inland waterway transport
Any transport mode
EXW
FCA
FAS
FOB
CFR
CIF
CPT
CIP
DAP
DPU
DDP
Ex Works
Free Carrier
Free Alongside ship
Free on board
Cost & freight
Cost insurance & Freight
Carriage Paid to
Carriage & insurance paid to
Delivered at place
Delivered at place unloaded
Delivered duty paid
At buyer’s disposal
On buyer’s transport
Alongside ship
on board vessel
on board vessel
on board vessel
at carrier
at carrier
at named place
at named place Unloaded
at named place
Charges / fees
export packing
seller
seller
seller
seller
seller
seller
seller
seller
seller
seller
seller
origin charges at port of loading
buyer
seller
seller
seller
seller
seller
seller
seller
seller
seller
seller
pre-carriage to named place
buyer
seller
seller
seller
seller
seller
seller
seller
seller
seller
seller
export formalities
buyer
seller
seller
seller
seller
seller
seller
seller
seller
seller
seller
origin terminal charges
buyer
buyer
seller
seller
seller
seller
seller
seller
seller
seller
seller
loading on exporting carrier
buyer
buyer
buyer
seller
seller
seller
seller
seller
seller
seller
seller
international freight
buyer
buyer
buyer
buyer
seller
seller
seller
seller
seller
seller
seller
insurance
seller
seller
Destination post landing charges
buyer
buyer
buyer
buyer
buyer
buyer
buyer
buyer
seller
seller
seller
destination terminal charges
buyer
buyer
buyer
buyer
buyer
buyer
buyer
buyer
seller
seller
seller
security filing (ISF filings to USA, for. ex.)
buyer
buyer
buyer
buyer
buyer
buyer
buyer
buyer
buyer
buyer
seller
Import customs formalities
buyer
buyer
buyer
buyer
buyer
buyer
buyer
buyer
buyer
buyer
seller
Import customs duties, taxes, fees
buyer
buyer
buyer
buyer
buyer
buyer
buyer
buyer
buyer
buyer
seller
delivery to destination
buyer
buyer
buyer
buyer
buyer
buyer
buyer
buyer
seller
seller
seller
unloading at delivery point
buyer
buyer
buyer
buyer
buyer
buyer
buyer
buyer
buyer
seller
buyer
REMARK
1.
Negotiated outside of the INCOTERMS. Buyer / Seller may have additional “insurable interest” and prudence may indicate purchase of additional coverage.
2.
Item depends on named place
3.
Seller assists in obtaining consular work. International Chamber of Commerce (ICC) arbitration is available if noted as part of the contract between the seller and buyer.
Note: This chart is for informational purposes only. Star Concord recommends consulting a trade attorney for all international transactions.
Note: This chart is for informational purposes only. Star Concord recommends consulting a trade attorney for all international transactions.
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