IncoTerms 2010 International Trade Import Export Business Supply Chain Logistics Documents

New IncoTerms 2020 have been released, view and download the new IncoTerms chart here:
incodocs.com/blog/incoterms-2...
When exporting and importing in International Trade, the buyer and seller must agree to sell goods based on IncoTerms Ex Works EXW, Free to Carrier FCA, Free Along Ship FAS, Free On Board FOB, Cost and Freight CFR, Cost Insurance Freight CIF, Carriage Paid To CPT, Carriage and Insurance Paid to CIP, Delivered At Place (DAP), Delivered At Place Unloaded DPU (note this is new IncoTerm 2020 that replaced DAT) and Delivered Duty Paid DDP are International Commercial Terms that are published by the International Chamber of Commerce. Learn documents to improve your supply chain, logistics and export business.
Importers and Exporters use IncoDocs to streamline trade documentation www.incodocs.com/

[@hardikvasani5248]

Well Done. Please keep it up.

[@vishalsoni6300]

I appreciate your work.video is very nice.It is very helpful.please be continue and make more videos.

[@mahamadoudiouara6486]

Clear explanation, proud of you.cheers

[@anneloveanimals]

thank you very much!!

[@shikichan9000]

very useful video. thank you.

[@naveendurgam]

very helpful. Thanks

[@sunilkapoor7744]

Very n precise way explain

[@FVDaudio]

Excelente.

[@pridebhebhe680]

Very useful

[@thanhhangnguyen8158]

Thank you. That's really helpful.

[@kazimohiuddin1178]

wonderful tutorial

[@incodocs]

Thanks, we want to provide great content on import/export process for everyone!

[@iriscantu6]

It would be nice to have more information about the production of the video, just so we can get our citations right.

[@visakhe6776]

Usefull😍

[@esengo1059]

A nice tutorial.

[@incodocs]

Glad you like it!

[@nicajohanna4093]

Hi can i ask what video app did u use thank u

[@bkavitha8704]

Incase of CPT and CIP who will bear the freight

[@MukhtarAhmedKhan]

good

[@legaladvice9546]

Sir, please suggest offline software and platform for preparing exim documents

[@incodocs]

Importers and Exporters use IncoDocs to make trade easy www.incodocs.com
You can download the IncoTerms PDF chart here - www.incodocs.com/blog/incoterms-2010-import-export-trade-shipping-freight-exw-fca-fas-fob-cfr-cif-cpt-cip-dat-dap-ddp-free-board-works

[@phungnguyenac6972]

Hello, It's 2020 not 2010. Can u reupload incoterms 2010?

[@anilkumaramara2691]

when the risks and rewards will transfer in case of CFR vs CPT..

[@harifc.a6226]

even the freight is prepaid on CFR/ CPT incoterm, the risk and responsibility transfer from the seller to buyer when the goods are on board the vessel.

[@teetimingit]

I'm working with an overseas company to export my good. I need everything paid in full up front. Is there an Incoterm for that or how should it be stated?

[@incodocs]

Hi James, You could sell on any Incoterm but you will have to make sure that you get payment up front. You can add notes like '100% payment before delivery' or '30% deposit upon confirmation of order, 70% balance before delivery'. The best thing to do is create a Proforma Invoice, include your bank details, and state your payment terms. Then the customer can pay to your terms stated on the document.
You can state the Incoterm and payment details on the quote, proforma invoice or commercial invoice document www.incodocs.com/features/

[@shermuhammad8851]

Hi Anderson

[@grasianomfuse8017]

Please don't confuse, INTERCOMS mainly are for distributing obligation on the parties in particular transaction, there is no INCOTERM which will make the buyer to pay up front,BUT,you have to include PAYMENT IN ADVANCE clause in the international payment term. As you might be knowing that there are mainly five terms which can be included in the international payment, namely, cash in advance, open account, documentary collection,letter of credit and Consignment.

[@karolinehayduk7214]

FCA and FAS is wrong explained in this video! FCA means that the buyer has to pay the Origin Port handling! Also concerning the origin Freight forwarder/documentation fee is up to an agreement between buyer and seller for FAS, FCA and FOB. The C-terms are also not appropriate explained as the risk and the costs are splittet! This list is not really thought through.

[@wissembourggirl]

Thank you Karoline

[@shomonercy]

"ex works" not ex words FFS. You had 1 slide.

[@palazzolawboutique4560]

Good video. Thank you. The International Chamber of Commerce, a body regulating traffic across countries, finally announced #Incoterms 2020. The reason behind the introduction of a new set of rules is likely to be the minimisation of disputes, which might more often arise from the changes in trade practices and regulations - for instance, #Brexit. Here is a short article providing an overview of Incoterms 2010 and spelling out what actions (if any) you should consider taking to reflect some new changes in Incoterms 2020. palazzolawboutique.com/incoterms-2020/

[@jallapennoali5555]

Exam tomorrow. Hehehe

[@incodocs]

IncoTerms 2020 have just been released, this info may help - incodocs.com/blog/incoterms-2020-explained-the-complete-guide/

[@LovaViews]

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[@MartinsD12]

plz lyrics

[@Yokoto12343]

That intro is a bit loud