Incoterms®

The Incoterms® rules are a set of internationally accepted commercial terms that are used in distribution documents when entering into a contract. Incoterms® rules specify the respective responsibilities and obligations of the buyer and seller regarding the transportation of goods (modes, insurance, location for the risk transfer) and the allocation of costs.

Use the Incoterms page to add and amend Incoterms® rules when necessary.

The Incoterms® rules have quite complex definitions that are regularly refined and updated. It is recommended that you refer to the International Chamber of Commerce (ICC) website for the latest specifications.

ID Name Note
CFR Cost and Freight You need to insert a named destination port. Suitable for sea and inland waterways delivery modes.
CIF Cost Insurance and Freight You need to insert a named destination port. Suitable for sea and inland waterways delivery modes.
CIP Carriage and Insurance Paid To You need to insert the destination. Suitable for all delivery modes.
CPT Carriage Paid To You need to insert the destination. Suitable for all delivery modes.
DAP Delivered At Place You need to insert a named destination. Suitable for all delivery modes.
DDP Delivered Duty Paid You need to insert a named destination. Suitable for all delivery modes.
DPU Delivery At Place Unloaded You need to insert a named destination. Suitable for all delivery modes.
EXW Ex Works You need to insert a named place of delivery. Suitable for all delivery modes.
FAS Free Alongside Ship You need to insert the name of the port of loading. Suitable for sea and inland waterways delivery modes.
FCA Free Carrier You need to insert a named place of delivery. Suitable for all delivery modes.
FOB Free On Board You need to insert the name of the port of loading. Suitable for sea and inland waterways delivery modes.

Create an Incoterms® rule

  1. Use Add to define a new Incoterms® rule.
  2. Enter the identifier, name and description of the Incoterms® rule.
  3. Save.

Edit or delete an Incoterms® rule

You can edit any of the fields at any time.

You cannot delete an Incoterms® rule once it is used in distribution documents.