Here are international rules and norms for interpretation of
commercial terms by the International Chamber of Commerce.
Their objective is to establish criteria and definitions on
the distribution of costs, transport and risks between the
exporter and the importer. There are 13 terms the Intercoms
regulate:
EXW, FAS, FOB, CFR, CIF, DES, DEQ, DAF, DDP, DDU, FCA, CPT and
CIP. Delivery of merchandise, transmission of risks,
distribution and costs, proceedings permissions and documents.
But they do not regulate the form of payment nor the
applicable legislation.
To
the factory [EXW]
O-C
To
the ship [FAS]
O-M
To
the transporter [FCA]
O-C
To
the border [FOB]
O-M
Freight
cost [CFR]
O-M
Transport
paid up to [CPT]
O-C
Cost,
insurance and freight [CIF]
O-M
Transport
and insurance paid [CIP]
O-C
Delivered
to the border [DAF]
OD-T
Delivered
to the ship [DES]
D-M
Delivered
on the dock [DEQ]
D-M
Delivered,
permission not paid [DDU]
D-C
Delivered
permissions paid [DDP]
D-C
01
02
03
04
05
06
07
08
09
10
11
12-13
[01-11]Expenses:
Expenses
of the
exporter
Expenses
of the
importer
Expenses
of the
importer
and
exporter
[12]
Point of Sale: O Origin D Destination
[13]
Types of transportation: M Sea T Land C Any method
01.
Packing 02. Warehousing
charge to Exporter 03.
Interior transport 04.
Customs extraction costs 05.
Terminal export costs 06.
International transportation 07.
Transport insurance 08.
Terminal arrival costs 09.
Customs importation costs 10.
Interior transport 11.
Warehouse unloading / factory 12.
Point of sale Origin / Destination 13.
Type of transportation
Customs Agency,
Customs Agent, International Logistics and Transportation,
Importation and Exportation, Warehousing, Foreign Trade in Veracruz Mexico
