We serve as an information center and educator to our customers and our vendors, thereby
increasing mutual awareness and understanding in order to provide the customer with excellent
services.
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EXU (Ex-Works)
- The seller fulfills his obligation to deliver when he has made
the goods available at his premises.
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FCA Free Carrier – The seller fulfills his obligation
to deliver when he has handed over the
goods cleared for export, into the charge of the carrier named by the buyer at the named
price.
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FAS Free Along Side – The goods have been placed
alongside the vessel on the
quay at the
named
port of shipment.
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FOB Free On Board – When the goods have passed over the
ship’s rail at the
named port of
shipment.
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FOB Free On Board – When the goods have passed over the
ship’s rail at the
named port of
shipment.
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CFR Cost and Freight – The seller must pay the cost and
freight necessary to
bring goods to the named port of destination.
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CIF Cost, Insurance and Freight – Same as CFR except
the seller must provide marine insurance.
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CPT Carrier Paid To – The seller pays freight for the
carriage of the goods to the named destination.
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CIP Carrier and Insurance Paid To – The same
obligations as under CPT but the seller has toprocure cargo insurance.
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DAF Delivered At Frontier – The seller fulfills his
obligation to deliver when the goods have been made available and cleared for export at the
named point and place at the frontier, before the customer’s border of the adjoining
country.
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DES Delivered Ex-Ship – The seller makes the goods
available to the buyer on board the ship not cleared for import at the named port of
destination.
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DEQ Delivered Ex-Quay – The seller makes the goods
available to the buyer on the quay at the named port of destination, cleared for
exportation.
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DDU Delivered Duty Unpaid – The goods have been made
available at the named place in the country of importation. The seller has to bear the
costs/risks involved in bringing the goods (excluding duties, taxes and other official
charges payable upon importation) as well as the costs/risks of custom formalities.
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DDP Delivered Duty Paid – The same as DDU except the
seller bears the risks/costs, including duties, taxes and other charges of delivering the
goods thereto cleared for importation.