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E-TERMS - Departure Terms Ex-Works - The seller fulfills his obligation to deliver when he has made the goods available at the seller's premises. This term represents the minimum obligation for the seller and the maximum for the buyer. Documents required: the seller need only supply the documents specified in the contract. F-TERMS - Shipment Terms, Main Carriage Unpaid FCA (Free Carrier) - The seller fulfills his obligation to deliver when he has handed over the goods, cleared for export, into the charge of the carrier designated by the buyer at the named place or port. This supplants "FOB Named Point" for intermodal transport. Documents required: transaction, receipt by carrier, and required export regulatory documents. FAS (Free Alongside Ship) - The seller fulfills his obligation to deliver when the goods have been placed alongside the vessel on the quay or in lighters at the named port of shipment. The buyer bears all costs and risk of loss of or damage to the goods from that moment on. The buyer must also clear the goods for export. The term "FAS" is only for sea or inland waterway transport. Documents required: transaction, required export regulatory documents, and a Clean Dock or Mate's Receipt. FOB (Free on Board) - The seller fulfills his obligation to deliver when the goods have passed over the ship's rail at the named point of shipment. The buyer must bear all costs and risks of loss of or damage to the goods from that moment on. Buyer must also clear the goods for export. Although frequently used for surface transportation, the term "FOB" is for sea or inland waterway transport only (see note on following page). When "ship's rail" does not apply, such as for Ro/Ro or container traffic, the term "FCA" is more appropriate. Documents required: transaction, receipt by carrier, and required export regulatory documents. C-TERMS - Shipment Terms, Main Carriage Paid CFR (Cost and Freight) - The seller must pay the costs and freight necessary to bring the goods to the named port of destination. However, the risk of loss of or damage to the goods-as well as any additional costs due to events occurring after the goods have been delivered on board the ship-is transferred from the seller to the buyer when the goods pass the ship's rail in the port of shipment. The seller must clear the goods for export. "CFR" is for sea or inland waterway transport only. For Ro/Ros or container traffic, the term "CPT" is more appropriate. Documents required: transaction, required export regulatory documents, and a clean bill of lading. CIF (Cost, Insurance and Freight) - The seller has the same obligations as under "CFR," but must also procure and pay for marine insurance against the buyer's risk of loss of or damage to the goods during carriage. The seller must clear the goods for export. "CIF" is for sea or inland waterway transport only. The term "CIP" is more appropriate for Ro/Ro or container traffic. Documents required: transaction, required export and import regulatory documents, insurance documents, and a bill of lading. CPT (Carriage Paid To) - Seller pays freight for the carriage of goods to the named destination. The risk of loss of or damage to goods passes from seller to buyer when the goods have been delivered into the carrier's custody. The seller must clear the goods for export. If subsequent carriers are used to the named destination, the risk passes when the goods have been delivered to the first carrier. Documents required: transaction, usual transport, and required export and import regulatory documents. CIP (Carriage and Insurance Paid To) - Seller has the same obligations as under "CPT," but the seller must also procure and pay for cargo insurance against the buyer's risk of loss or damage to goods during carriage. The seller must clear goods for export. The code "CIP" becomes a full description. Documents required: transaction, insurance, usual transport, and required export and import regulatory documents. D-TERMS (Arrival Terms) DAF (Delivered at Frontier) - The seller fulfills his obligation when the goods have been made available and cleared for export at the named point and place at the frontier, but before the customs border of the adjoined country. (Note that is is very important to precisely define the point and place of delivery.) DAF is used primarily for surface, inland transit. Documents required: transaction, usual transport and/or warehouse, and required export regulatory documents. DES (Delivered Ex Ship) - The seller fulfills his obligation when the goods have been made available to the buyer on board the ship and uncleared for import at the port of destination. The seller bears all costs and risks in bringing the goods to the designated port. "DES" is for sea and inland waterway transit only. Documents required: transaction, required export regulatory documents, and a bill of lading. SELLER (Delivered Ex Quay) - The seller fulfills his obligation to the buyer on the quay (wharf) at the named port, cleared for importation. The seller bears all risks and costs such as duties and taxes. If the parties wish to exclude some of the costs payable from the seller's obligations, they should be clearly noted, i.e., "Delivered Ex- Quay, VAT Unpaid." Documents required: transaction, delivery order, and required export regulatory documents. DDU (Delivered Duty Unpaid) - The seller fulfills his obligation when the goods have been made available at the named place in the country of importation. Seller bears the costs and risks involved in bringing the goods to this point. This term reflects the "door-to-door" intermodal or courier contracts of carriage where only the destination customs duty and taxes (if any) are paid by consignee. DDP (Delivered Duty Paid) - The seller fulfills his obligation when the goods have been made available at the named place in the country of importation. The seller bears the risks and costs-including duties, taxes, and other charges-of delivering the goods to this point, cleared for importation. Costs and risks after entry are negotiable. Also known as "Free Domicile." Documents required: transaction, usual transport and/or warehouse, and required export and import regulatory documents. For more information on INCOTERMS, see the International Chamber of Commerce (ICC) Publication 460, INCOTERMS 1990. The ICC web site is http://www.iccwbo.org/. Ex-Works - The seller fulfills his obligation to deliver when he has made the goods available at the seller's premises. This term represents the ... Incoterms