Actions

INCO

Difference between revisions of "INCO"

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Revision as of 03:21, 5 October 2017

Incoterms® are a collection of pre-defined trade terms used for international commerce. Incoterms is an abbreviation for International Commercial Terms. The terms are a set of rules which define the responsibilities of Sellers and Buyers for the delivery of goods under sales contracts for domestic and international trade.

Incoterms® is a registered trademark of the ICC (International Chamber of Commerce).

See also: INCO/QRC

Hierarchy

IDNameLevelx
INCOIncoterms0INCO
CFRCost and Freight (Destination Port)1CFR
CIFCost, Insurance and Freight (Destination Port)1CIF
CIPCarriage and Insurance Paid To (Destination)1CIP
CPTCarrier Paid To (Destination)1CPT
DAPDelivered at Place (Destination)1DAP
DATDelivered at Terminal (Destination or Destination Port)1DAT
DDPDelivered Duty Paid (Destination)1DDP
EXWEx Works (Origin)1EXW
FASFree Alongside Ship (Departure Port)1FAS
FCAFree Carrier (Carrier)1FCA
FOBFree On Board (Departure Port)1FOB

Process(es)

IDNameLevelx
S201Create Order3S201
S303Create Order3S303
D101Process Inquiry3D101
D104Schedule Transportation3D104
D201Process Inquiry3D201
D204Schedule Transportation3D204
D305Schedule Delivery & Installation3D305
D403Schedule Transportation3D403
Incoterms 0 0 INCO, Terms, International, Trade, Standard, Terms, Transfer, Ownership, Insurance, Risk, Supply Chain, Logistics, Transport INCOterms are a collection of pre-defined trade terms used for international commerce. The terms are a set of rules which define the responsibilities of Sellers and Buyers for the delivery of goods under sales contracts for domestic and international trade