INCO terms are listed on the INCO Delivery Terms form. You cannot add or remove terms from this list.
On the Delivery Terms form, select the appropriate INCO terms code from the drop-down list.
Use the following information to determine which INCO terms code best fits your needs.
Code | Short Description | Notes |
---|---|---|
EXW | Ex-Works | Named place where shipment is available to the buyer, not loaded. The seller will not contract for any transportation. |
Code | Short Description | Notes |
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FCA | Free Carrier | Unloaded at the seller's dock OR a named place where shipment is available to the international carrier or agent, not loaded. This term can be used for any mode of transport. |
FAS | Free Alongside Ship | Named ocean port of shipment. Ocean shipments that are NOT containerized. |
FOB | Free On Board | Vessel, named ocean port of shipment. This term is used for ocean shipments only where it is important that the goods pass the ship's rail. |
Code | Short Description | Notes |
---|---|---|
CFR | Cost and Freight | Named ocean port of destination. This term is used for ocean shipments that are not containerized. |
CIF | Cost, Insurance and Freight | Named ocean port of destination. This term is used for ocean shipments that are not containerized. |
CPT | Carriage Paid To | Named place or port of destination. This term is used for air or ocean containerized and roll-on roll-off shipments. |
CIP | Carriage and Insurance Paid To | Named place or port of destination. This term is used for air or ocean containerized and roll-on roll-off shipments. |
Code | Short Description | Notes |
---|---|---|
DAT | Delivered At Terminal | Named terminal at port or place of destination. The seller pays for carriage to the terminal, except for costs related to import clearance and assumes all risks up to the point that the goods are unloaded at the terminal. |
DAP | Delivered At Place | Named place of destination. The seller pays for carriage to the named place, except for costs related to import clearance and assumes all risks prior to the point that the goods are ready for unloading by the buyer. |
DDP | Delivered Duty Paid | Named place of destination, not unloaded, cleared. This term is used for any mode of transportation. |