They are a set of 11 standard commercial terms, which make certain obligations in international trade contracts more uniform, clear and transparent.
Through Inconterms, millions of companies define in their international contracts, in a simple and practical way, the responsibilities of the seller and the buyer and the associated delivery/risk, obtaining reliability, rigor and security in international business.
Because they are recognized and accepted all over the world.
Defining the right Inconterms significantly reduces the risk of comprehension problems with potentially huge costs.
Inconterms specify all the tasks, risks and costs associated during the transaction of goods between the seller and the buyer.
It clarifies the obligations of each party, who bears the risk of transportation, who covers the costs, among other things.
Outside the factory.
The vendor’s responsibility is to make the goods available for collection from their warehouse or factory. All the supplier needs to do is prepare the goods for collection.
Delivered on site.
The seller is responsible for organizing all the transport until the goods are delivered to a location identified by the buyer.
Delivered duty paid
The seller is responsible for the entire shipment, usually by air, including customs clearance, taxes and delivery of the goods to the buyer’s premises
Chart available in the e-book available with everything about Inconterms.
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