Incoterms 2020
Rules Responsibility Guide
Any Transport 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 | |
Transfer of Risk | when seller makes the goods available for the buyer at a named place | 1) when seller loads goods to buyers carrier or 2) when the goods are available for the buyer and ready for unloading at a named place | when goods are alongside the vessel nominated by the buyer at named port | when the goods are on the vessel nominated by the buyer at a named port | when the goods are on board the vessel nominated by the seller at origin | when the goods are on board the vessel nominated by the seller at origin | when the goods are handed over to the sellers nominated carrier at a named place | when the goods are available for the buyer at a named place or agreed point within that place | when the goods are available for the buyer at a named place or agreed point within that place | when the goods are delivered and unloaded at a named place or agreed point within that place | when the goods are available for the buyer at a named place or agreed point within that place |
Commercial Invoice | Seller | Seller | Seller | Seller | Seller | Seller | Seller | Seller | Seller | Seller | Seller |
Packaging Quality Control, Marking | Seller | Seller | Seller | Seller | Seller | Seller | Seller | Seller | Seller | Seller | Seller |
Loading & Inland Delivery | Buyer | Seller | Seller | Seller | Seller | Seller | Seller | Seller | Seller | Seller | Seller |
Export Duty & Taxes | Buyer | Seller | Seller | Seller | Seller | Seller | Seller | Seller | Seller | Seller | Seller |
Origin Terminal Handling | Buyer | Buyer | Buyer | Seller | Seller | Seller | Seller | Seller | Seller | Seller | Seller |
Insurance | Negotiable | Negotiable | Negotiable | Negotiable | Negotiable | Seller *Free of Particular Average | Negotiable | Seller “All Risks” | Negotiable | Negotiable | Negotiable |
Carraige Charges | Buyer | Buyer | Buyer | Buyer | Seller | Seller | Seller | Seller | Seller | Seller | Seller |
*Destination Terminal Handling | Buyer | Buyer | Buyer | Buyer | Buyer | Buyer | Buyer | Buyer | Seller | Seller | Seller |
Delivery to Destination | Buyer | Buyer | Buyer | Buyer | Buyer | Buyer | Buyer | Buyer | Seller | Seller | Seller |
Unloading at Destination | Buyer | Buyer | Buyer | Buyer | Buyer | Buyer | Buyer | Buyer | Buyer | **Seller | Buyer |
Import Duty and Taxes | Buyer | Buyer | Buyer | Buyer | Buyer | Buyer | Buyer | Buyer | Buyer | Buyer | Seller |