Term | EXW | FCA | FAS | FOB | CFR | CIF | CPT | CIP | DAP | DPU | DDP |
---|---|---|---|---|---|---|---|---|---|---|---|
Full description | Ex-works | Free Carrier | Free Alongside Ship | Free Onboard | Cost and Freight | Cost, Insurance and Freight | Carriage paid to | Carriage and Insurance Paid | Delivered at Place | Delivered at Place, Unloaded | Delivered Duty Paid |
Freight Collect Terms | Freight Prepaid Terms | ||||||||||
Transport method | Ocean, Air, Land | Ocean and inland waterways | Ocean, Air, Land | ||||||||
Risk transfers when | Goods placed at buyer's disposal | Goods placed at buyer's disposal | Good placed alongside ship | Goods loaded on ship | Goods loaded on ship | Goods loaded on ship | Goods taken in charge by carrier | Goods taken in charge by carrier | Goods arrive at named destination | Goods unloaded at named destination | Goods arrive at named destination |
Loading & inland transport | Buyer | Seller | Seller | Seller | Seller | Seller | Seller | Seller | Seller | Seller | Seller |
Export taxes, clearance | Buyer | Seller | Seller | Seller | Seller | Seller | Seller | Seller | Seller | Seller | Seller |
Unloading of the transport vehicle in the export port | Buyer | Buyer | Seller | Seller | Seller | Seller | Seller | Seller | Seller | Seller | Seller |
Loading fees at export port | Buyer | Buyer | Buyer | Seller | Seller | Seller | Seller | Seller | Seller | Seller | Seller |
Main carriage | Buyer | Buyer | Buyer | Buyer | Seller | Seller | Seller | Seller | Seller | Seller | Seller |
Loading fees at import port | Buyer | Buyer | Buyer | Buyer | Buyer | Buyer | Negotiable | Seller | Seller | Seller | Seller |
Loading onto the transport vehicle in the import port | Buyer | Buyer | Buyer | Buyer | Buyer | Buyer | Buyer | Seller | Seller | Seller | Seller |
Transport to the delivery address | Buyer | Buyer | Buyer | Buyer | Buyer | Buyer | Buyer | Buyer | Seller | Seller | Seller |
Import formalities, duties, fees | Buyer | Buyer | Buyer | Buyer | Buyer | Buyer | Buyer | Buyer | Buyer | Buyer | Seller |
Unloading at named destination | Buyer | Buyer | Buyer | Buyer | Buyer | Buyer | Buyer | Buyer | Buyer | Seller | Buyer |
Insurance | Negotiable | Negotiable | Negotiable | Negotiable | Negotiable | Seller Clauses (C) | Negotiable | Seller Clauses (A) | Negotiable | Negotiable | Negotiable |
Note:
Seller Clauses (C) Purchasing the minimum level of insurance under Clause C of the Institute Cargo Clauses
Seller Clauses (A) Purchasing the level of insurance under Clause A of the Institute Cargo Clauses