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CIF |
Cost, Insurance, Freight to named destination |
GS1 Description: The risk is transferred when the goods have effectively passed the ship's rail at the port of shipment. Insurance to be covered by the seller. |
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CIP |
Freight, Carriage, Insurance to destination |
GS1 Description: The risk is transferred when the goods are taken into custody by the first carrier. Insurance to be covered by the seller. |
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CPT |
Freight, Carriage paid to destination |
GS1 Description: The risk is transferred when the goods are taken into custody by the first carrier who has undertaken transportation from the place of departure. Insurance to be covered by the buyer. |
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DAF |
Delivery at frontier - Named place |
GS1 Description: The risk is transferred when the goods are put at the disposal of the buyer at the named place at frontier. Insurance to be covered by the seller. |
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EXW |
Ex works |
GS1 Description: The risk is transferred when the goods are put at the disposal of the buyer according to the terms of the agreement. Insurance to be covered by the buyer. |
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FCA |
Free carrier - Named point |
GS1 Description: The risk is transferred when the goods are taken into custody of the carrier at the time and named point mentioned in the contract. Insurance to be covered by the buyer (the seller to the named point). |
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