The terms in which commercial agreements are established in FindinMexico are based on the rules of the Incoterms 2010, which are standards for interpretation in international commercial transactions.
They regulate the distribution of documents, the conditions of delivery of merchandise and the distribution of costs and risks of commercial operations, and are regulated by the International Chamber of Commerce.
Rules | Transport | Buyer responsible for all carriage |
EXW:Ex-Works |
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Rules | Transport | Buyer arranges main carriage |
FCA: Free carrier at |
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FAS: Free Alongside Ship |
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FOB: Free on Board |
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Rules | Transport | Sellerhandles the main cargo freight. The risks are transferred once the merchandise is delivered. |
CFR: Cost and freight |
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CIF: Cost, Insurance and Freight |
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CPT: Carriage Paid To |
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CIP: Carriage and insurance paid to |
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Rules | Transport | Seller handles the main cargo freight, the risks are transferred once the merchandise is deliver. |
DAT: Delivery at Terminal |
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DAP: Delivery at Place |
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DDP: Delivery Duty Place |
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