Transcription of Incoterms 2020 reference chart. Cost sharing between ...
1 ACRONYMMode of TransportINCOTERMP ackaging and CheckingLoading Seller s PremisesTransport In origin (pre-carriage)Customs Clearence ExportTerminal Charges OriginMain TransportTransport InsuranceTerminalChargesDestinationCusto ms Clearence ImportTransport to Destination On-CarriageUnloading Buyer s PremisesEXWAny modeEx WorksSellerBuyerBuyerBuyerBuyerBuyer Buyer *BuyerBuyerBuyerBuyerFCAAny modeFree CarrierSellerSellerSellerSellerBuyerBuye rBuyer *BuyerBuyerBuyerBuyerFASOnly seaFree Alongside ShipSellerSellerSellerSellerBuyerBuyerBu yer *BuyerBuyerBuyerBuyerFOBOnly seaFree On BoardSellerSellerSellerSellerSellerBuyer Buyer *BuyerBuyerBuyerBuyerCPTAny modeCarriage Paid ToSellerSellerSellerSellerSellerSellerBu yer
2 *BuyerBuyerBuyerBuyerCFROnly seaCost and Freight SellerSellerSellerSellerSellerSellerBuye r *BuyerBuyerBuyerBuyerCIPAny modeCarriage Insurance and Paid toSellerSellerSellerSellerSellerSellerSe llerBuyerBuyerBuyerBuyerCIFOnly seaCost, Insurance and FreightSellerSellerSellerSellerSellerSel lerSellerBuyerBuyerBuyerBuyerDAPAny modeDelivered at PlaceSellerSellerSellerSellerSellerSelle rSeller **SellerBuyerBuyerDPUAny modeDelivered at Place UnloadedSellerSellerSellerSellerSellerSe llerSeller **SellerBuyerSellerBuyerDDPAny modeDelivered Duty PaidSellerSellerSellerSellerSellerSeller Seller **SellerSellerSellerBuyer*No obligation to obtain an insurance contract, though the risks are bear by the Buyer / ** No obligation to obtain an insurance contract.
3 Though the risks are bear by the SellerINCOTERMS 2020 reference CHARTCost sharing between Seller and chart is designed to provide a basic level of understanding of Incoterms a fuller explanation of each Incoterm, click here and download the Practical guide to the Incoterms
