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TradeTermsTABLE

By Louis Nichols,2014-06-18 15:59
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TradeTermsTABLE

Trade Buyer’s obligation Seller’s obligation

    Terms

    -Payment for goods -Provision of goods in conformity with

    EXW -Licenses, official documents the contract

    and customs formalities -Cost of basic packing

    -Contract of carriage and

    -Notice to the buyer insurance

    -Taking delivery

    -Proof of delivery, transport

    document or equivalent electronic message

    -

    -Payment for goods -Provision of goods in conformity with

    FCA -Contract of carriage and the contract

    insurance -Licenses, official documents and

    -Taking delivery customs formalities

    -Notice to the seller -Clearing for export

    -Risks and costs after the -Delivery to the carrier

    sellers -delivering goods to the carrier -Proof of delivery, transport document

     or equivalent electronic message

    -Risks and costs before delivering

    goods to the carrier

    -Payment for goods -Provision of goods in conformity with

    FAS -Contract of carriage and the contract

    insurance -Clearing the goods for export

    -Taking delivery -Delivery

    -Transport document or -Proof of delivery

    equivalent electronic message -Costs and risks before the goods are

    -Costs and risks after the placed alongside the vessel

    goods are place alongside the vessel

    -Notice to the seller

    -Payment for goods -Provision of goods in conformity with

    FOB -Import licenses, official the contract

    documents and customs formalities -Export licenses, official documents

    -Contract of carriage and and customs formalities

    insurance -Delivery

    -Taking delivery -Proof of delivery

    -Transport document or -Costs and risks before the goods

    equivalent electronic message passing the ships rail

    -Risks and costs after the -Notice to the buyer

    goods passing the ships rail

    CER -Payment for goods -Provision of goods in conformity with

    -Contract of insurance the contract

    -Import licenses, official -Export licenses, official documents documents and customs formalities and customs formalities

    -Taking delivery -Contract of carriage

    -Risks and additional costs -Delivery

    after the goods passing the rail of the -Risks before the goods passing the

    vessel rail of the vessel

     -Notice to the buyer

     -Proof of delivery, transport document

    or equivalent electronic message

    CIF -Payment for goods -Provision of goods in conformity with

    -Import licenses, official the contract

    documents and customs formalities -Export licenses, official documents

    -Taking delivery and customs formalities

     1

    -Risks after the goods passing -Contract of carriage and insurance

    the ships rail -Delivery

     -Risks before the goods passing the

     ships rail

    -Notice to the buyer

    -Proof of delivery, transport document

    or equivalent electronic message

    CPT -The buyers obligations -Provision of goods in conformity with

    -Payment for goods the contract

    -Import licenses, official -Export licenses, official documents documents and customs formalities and customs formalities

    -Taking delivery -Contract of carriage

    -Risks after the goods -Delivery

    delivery to the carrier/first carrier -Risks before delivering the goods to

    -Notice to the seller the carrier/first carrier

     -Notice to the buyer

     -Proof of delivery, transport document

     or equivalent electronic message

    CIP -Payment for goods -Provision of goods in conformity with

    -Import licenses, official the contract

    documents and customs formalities -Export licenses, official documents

    -Taking delivery and customs formalities

    -Risks after the goods -Contract of carriage and insurance

    delivery to the carrier/first carrier -Delivery

    -Notice to the seller -Risks before delivering the goods to

     the carrier/first carrier

     -Notice to the buyer

    -Proof of delivery, transport document

    or equivalent electronic message

    DAF -The buyers obligations -Provision of goods in conformity with

    -Payment for goods the contract

    -Import licenses, official -Export licenses, official documents documents and customs formalities and customs formalities

    -Taking delivery -Contract of carriage

    -Risks and costs after the -Delivery

    goods delivery to the named place at the -Risks and costs before the goods

    frontier delivery to the named place at the

     frontier

    -Notice to the buyer

    -Proof of delivery, transport document

    or equivalent electronic message

    DES -The buyers obligations -Provision of goods in conformity with

    -Payment for goods the contract

    -Import licenses, official -Export licenses, official documents documents and customs formalities and customs formalities

    -Taking delivery -Contract of carriage

    -Risks and costs after the -Delivery

    goods delivery to the buyers disposal on -Risks and costs before the goods

    board the ship delivery to the buyers disposal on

     board the ship

    -Notice to the buyer

    -Proof of delivery, transport document

    or equivalent electronic message

    DEQ -The buyers obligations -Provision of goods in conformity with

    -Payment for goods the contract

    -Import licenses, official -Export licenses, official documents documents and customs formalities and customs formalities

    -Taking delivery -Contract of carriage

    -Risks and costs after the -Delivery

     2

goods delivery to the buyers disposal on -Risks and costs before the goods

    the quay delivery to the buyers disposal on the

     quay

    -Notice to the buyer

    -Proof of delivery, transport document

    or equivalent electronic message

    DDU -Payment for goods -Provision of goods in conformity with

    -Import licenses, official the contract

    documents and customs formalities and -Export licenses, official documents

    duties and customs formalities

    -Taking delivery -Contract of carriage

    -Risks and costs after the -Delivery

    goods delivery to the buyers disposal at -Risks and costs before the goods

    the named place of destination delivery to the buyers disposal at the

     named place of destination

    -Notice to the buyer

    -Proof of delivery, transport document

    or equivalent electronic message

    DDP -The buyers obligations -Provision of goods in conformity with

    -Payment for goods the contract

    -Taking delivery Export and import licenses, official

    -Risks and costs after the documents and customs formalities and goods delivery to the buyers disposal at duties

    the named place of destination -Contract of carriage

    -Notice to the buyer -Delivery

    -Proof of delivery, transport -Risks and costs before the goods

    document or equivalent electronic message delivery to the buyers disposal at the

     named place of destination

     3

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