Incoterms

The Incoterms ® are a set of trade/trade rules used by the International Chamber of Commerce (ICC) in international sales contracts. The Incoterms are not binding rules. In order for…

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What are Incoterms?

Incoterms are rules for international trade that have been developed by the International Chamber of Commerce. These rules are used in international sales contracts. The term Incoterms, comes from "international…

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Air freight Incoterms 2020

Airfreight Incoterms Incoterms is short for international commercial terms that are reference all over the world when doing cross border trade. These terms define the liabilities, responsibilities and cost allocation…

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Incoterms: Frequently Asked Questions

In this article we look at all the frequently asked questions about Incoterms. You may also like our comprehensive article and relevant diagrams explaining the 2020 version of the terms…

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FCA vs EXW

FCA and EXW form part of Incoterms® 2020. Both these terms are very similar. Both of these terms can be used for any mode of transport. However, there are some…

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Shipping FCA Incoterms 2020

FCA Incoterms 2020 : A Few Quick Points Free Carrier (FCA) Incoterms can be used for all modes of transport. Risk transfers from seller to buyer when the carrier collects…

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Shipping DPU Incoterms 2020

DPU Incoterms 2020 : A Few Quick Points Delivered at Place Unloaded (CIP) Incoterms can be used for all modes of transport and even when there are multiple modes of…

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Incoterms 2020 Introduction For Traders

What are Incoterms® 2020? Incoterms is short for international commercial terms. These were first published by the International Chamber of Commerce (ICC) in 1936. The ICC publishes updates to the…

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