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Incoterms 2000 Quick Reference Chart
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Recommended for Sea freight
Only
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| Term |
FAS |
FOB |
CFR |
CIF |
DES |
DEQ |
| Description |
Free Alongside ship |
Free on Board |
Cost and Freight |
Cost Insurance & Freight |
Delivered Ex Ship |
Delivered Ex Quay |
| Delivery at & risk
transfer |
Ship's side at port of
shipment |
Ship's rail at port of
shipment |
Ship's rail at port of
shipment |
Ship's rail at port of
shipment |
On ship at Port of
Destination |
On Wharf at Port of
Destination |
| Packing Costs |
Seller |
Seller |
Seller |
Seller |
Seller |
Seller |
| Commercial Invoice |
Seller |
Seller |
Seller |
Seller |
Seller |
Seller |
| Inland Delivery |
Seller |
Seller |
Seller |
Seller |
Seller |
Seller |
| Proof Of Delivery |
Seller |
Seller |
Seller |
Seller |
Seller |
Seller |
| Export Customs |
Seller |
Seller |
Seller |
Seller |
Seller |
Seller |
| Transport Document |
Buyer# |
Buyer# |
Seller |
Seller |
Seller |
Seller |
| Contract of Carriage and
Freight |
Buyer |
Buyer |
Seller |
Seller |
Seller |
Seller |
| Insurance |
Buyer+ |
Buyer+ |
Buyer+ |
Seller+ |
Seller+ |
Seller+ |
| Delivery at Destination |
Buyer |
Buyer |
Buyer |
Buyer |
Buyer |
Buyer |
| Import Customs |
Buyer |
Buyer |
Buyer |
Buyer |
Buyer |
Buyer |
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Recommended for All
Modes of Transport
|
| Term |
EXW |
FCA |
CPT |
CIP |
DAF |
DDU |
DDP |
| Description |
Ex Works |
Free Carrier |
Carriage Paid To |
Carriage & Insurance
Paid To |
Delivered at Frontier |
Delivered Duty Unpaid |
Delivered Duty Paid |
| Delivery at & risk
transfer |
Seller's Premises (not
loaded) |
First Carrier
(not loaded) |
First Carrier |
First Carrier |
Name Frontier
(not unloaded) |
Named Frontier
(not unloaded) |
Named Place
(not unloaded) |
| Packing Costs |
Seller |
Seller |
Seller |
Seller |
Seller |
Seller |
Seller |
| Commercial Invoice |
Seller |
Seller |
Seller |
Seller |
Seller |
Seller |
Seller |
| Inland Delivery |
Buyer |
*Seller or Buyer |
Seller |
Seller |
Seller |
Seller |
Seller |
| Proof Of Delivery |
Buyer |
Seller |
Seller |
Seller |
Seller |
Seller |
Seller |
| Export Customs |
Buyer |
Seller |
Seller |
Seller |
Seller |
Seller |
Seller |
| Transport Document |
Buyer |
Buyer# |
Seller |
Seller |
Seller |
Seller |
Seller |
| Contract of Carriage and
Freight |
Buyer+ |
Buyer |
Seller |
Seller |
Seller |
Seller |
Seller |
| Insurance |
Buyer+ |
Buyer+ |
Buyer+ |
Seller |
Seller+ |
Seller+ |
Seller+ |
| Delivery at Destination |
Buyer |
Buyer |
Buyer |
Buyer |
Buyer |
Seller |
Seller |
| Import Customs |
Buyer |
Buyer |
Buyer |
Buyer |
Buyer |
Buyer |
Seller |
A named place and the current edition of
Incoterms must be stated after each of the above terms. eg. "CIP
TILBURY INCOTERMS 2000"
#Although the responsibility for obtaining
these documents is the Buyer's, the Seller is required to ".. render
the Buyer at the latter's request, risk and expense every assistance in
obtaining.."(them). This also applies to any other documents
issued in the country of shipment / origin, which the buyer may require for
exportation / importation of goods.
*For FCA terms, inland delivery costs to the
port or airport of departure will be borne by the Seller if the first carrier
takes delivery at the port or airport (not unloaded from vehicle) and by the
Buyer if the goods are delivered to the first carrier and the Seller's
premises (Seller has responsibility for loading onto Buyer's vehicle).
+Some INCOTERMS 2000 clauses indicate "No
Obligation", yet have been allocated to Seller or Buyer in this chart
where prudent business practice dictates their consideration.
NB: This quick reference chart is
intended as a guide only and must be used in conjunction with the
International Chamber of Commerce Publication No.560 "INCOTERMS
2000"
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