What is Incoterms?
Note: INCOTERMS rules don’t constitute a contract. These rules are used in contracts signed for the sale and delivery of products at the destination. These rules do not take legal precedence over applicable domestic laws and don’t govern transfer of title, the amount payable, currency or credit terms.
Loading from the seller's address
Delivery at the designated place in the seller's country
Free Alongside Ship
Delivery to the agreed loading port
Free On Board
Delivery at the port
Cost and Freight
Delivery to designated port in seller's country
Cost, Insurance and Freight
The Seller covers shipping and insurance costs
Carriage Paid to
Delivery at the point of destination with full payment of shipping costs
Carriage and Insurance Paid to
Delivery at the destination, freight and insurance paid
Delivered at Place Unloaded
Delivery unloaded at the destination
Delivered at Place
Delivery at the destination in the recipient's country
Delivered Duty Paid
Delivery at the address with all fees paid
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