| INCOTERMS - QUICK REFERENCE GUIDE |
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| INCOTERM SERVICE |
EXW EX-WORKS |
FCA Free Carrier |
FAS Free Alongside Ship |
FOB Free On Board Vessel |
CFR Cost & Freight |
CIF Cost, Insurance & Freight |
CPT (1) Carriage Paid to |
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WHO PAYS |
WHO PAYS |
WHO PAYS |
WHO PAYS |
WHO PAYS |
WHO PAYS |
WHO PAYS |
| Warehouse storage at point of origin |
SELLER |
SELLER |
SELLER |
SELLER |
SELLER |
SELLER |
SELLER |
| Warehouse labor at point of origin |
SELLER |
SELLER |
SELLER |
SELLER |
SELLER |
SELLER |
SELLER |
| Export packing |
SELLER |
SELLER |
SELLER |
SELLER |
SELLER |
SELLER |
SELLER |
| Loading at point of origin |
BUYER |
SELLER |
SELLER |
SELLER |
SELLER |
SELLER |
SELLER |
| Inland Freight |
BUYER |
BUYER (3) |
SELLER |
SELLER |
SELLER |
SELLER |
SELLER |
| Port receiving charges |
BUYER |
BUYER |
SELLER |
SELLER |
SELLER |
SELLER |
SELLER |
| Forwarders fee |
BUYER |
BUYER |
SELLER (2) |
SELLER (2) |
SELLER |
SELLER |
SELLER |
| Loading on ocean carrier |
BUYER |
BUYER |
BUYER |
SELLER |
SELLER |
SELLER |
SELLER |
| Ocean/Air Freight charges |
BUYER |
BUYER |
BUYER |
BUYER |
SELLER |
SELLER |
SELLER |
| Charges at foreign Port/Airport |
BUYER |
BUYER |
BUYER |
BUYER |
BUYER |
BUYER (3) |
SELLER |
| Customs Duties & Taxes abroad |
BUYER |
BUYER |
BUYER |
BUYER |
BUYER |
BUYER |
BUYER |
| Delivery charges to final destination |
BUYER |
BUYER |
BUYER |
BUYER |
BUYER |
BUYER |
BUYER |
| 1) Risk of loss or damage is transferred from seller to buyer when goods have been delivered to the carrier. |
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| 2) Payment of the freight forwarder's fees can be controversial, depending on the contract of sale. |
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| 3) Responsibility may be either the buyer or the seller. |
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