Export DocumentationInco Terms

Previous class

• Proforma invoice• Commercial invoice• Consular invoice• Packing list• Mates receipt• Bill of lading

Inco terms

Inco terms

Inco term series

Inco Term Group E

Group F

Group C

Group D

Inco term 2000

Inco term

• EXW------ Ex works• FOB-------- Free on Board• FCA ------ Free carrier• FAS ------ Free alongside ship• CFR------- cost and freight• CIF cost insurance and freight• CPT carriage paid to

Inco terms

• CIP------ carrier and insurance paid to• DDP------ Delivery duty paid• DDF---- Delivered at frontier• DES, DEQ, DDU-------Delivered = Ex Ship, ex

quay, Duty unpaid

Cost

Mode of Payment

• Advance payment

• Open account system

• Consignment sale

• documentary collection

Risk spectrum

Letter of Credit

Concept of letter of Credit

Concept of letter of credit

Letter of Credit process diagram