NCOTERMS 2010

EXW
INCOTERM AND SERVICES
Ex Works

FCA
Free Carrier

CPT
Carriage Paid to

CIP
Carriage Insurance Paid to

DAT
Delivered at Terminal

DAP
Delivered at Place

DDP
Delivered Duty Paid

FAS
Free Alongside Ship

FOB
Free Onboard Vessel

CFR
Cost & Freight

CIF
Cost Insurance & Freight

Name Place of Named Place Delivery of Delivery

Named Named Place Named Port of terminal at of Destination Destination Port or Place of destination All Modes Who Pays All Modes Who Pays All Modes Who Pays

Named Place of Destination

Named Place Named Port of Named Port of Named Port of Named Port of of Destination Shipment Shipment Destination Destination Ocean Transport Who Pays Ocean Transport Who Pays Ocean Transport Who Pays Ocean Transport Who Pays

Mode of Transport

All Modes Who Pays

All Modes Who Pays

All Modes Who Pays

All Modes Who Pays

Export Packing Export Clearances, Licenses and other Authorizations Container/Vehicle Loading Inland Freight Main Carrier Loading Origin Terminal Charges Insurance Freight Destination Arrival Charges Main Carrier Unloading Import Customs Clearance Duty & Taxes Delivery to Destination

Seller Buyer Buyer Buyer Buyer Buyer

Seller Seller Seller *Seller/Buyer Buyer Buyer

Seller Seller Seller Seller Seller Seller

Seller Seller Seller Seller Seller Seller Seller Seller Seller Buyer Buyer Buyer Buyer

Seller Seller Seller Seller Seller Seller

Seller Seller Seller Seller Seller Seller

Seller Seller Seller Seller Seller Seller

Seller Seller Seller Seller Buyer Buyer

Seller Seller Seller Seller Seller Seller

Seller Seller Seller Seller Seller Seller

Seller Seller Seller Seller Seller Seller Seller Seller Buyer Buyer Buyer Buyer Buyer

No Obligation No Obligation No Obligation Buyer Buyer Buyer Buyer Buyer Buyer Buyer Buyer Buyer Buyer Buyer Buyer Seller Seller Buyer Buyer Buyer Buyer

No Obligation No Obligation No Obligation Obligation No No Obligation No Obligation Seller Seller Seller Buyer Buyer Buyer Seller Seller Seller Buyer Buyer Seller Seller Seller Seller Seller Seller Seller Buyer Buyer Buyer Buyer Buyer Buyer Buyer Buyer Buyer Buyer Buyer Buyer Seller Buyer Buyer Buyer Buyer Buyer

Seller/Buyer No Obligation

* There are actually two FCA terms: FCA Seller's Premises where the seller is responsible only for loading the goods and not responsible for inland freight; and FCA Named Place (International Carrier) where the seller is responsible for inland freight. Neither the Seller or the Buyer have an obligation to secure cargo insurance however upon request, the Buyer or Seller must provide information necessary to obtain insurance by the requesting party

* INCOTERM RULES ARE NOT LAW AND WILL NOT RESOLVE ALL PROBLEMS IN TRADE. ABOVE DEFINITIONS ARE TO BE USED AS A GUIDELINE ONLY.