PLATINO / Incoterms® 2020
ICC rules help allocate obligations, costs and risks between buyer and seller. This introduction supports the conversation; the agreement requires reviewing the full rule and named place.
Let’s talkState the rule, named place or port and edition, for example “FCA [precise address], Incoterms® 2020.” Also agree on price, payment, ownership and commercial terms in the contract.
Illustrative examples for reviewing a sale; the final choice depends on the operation and contract.
INCOTERMS® 2020
Introductory summary; not a substitute for the full rules or contract. Specific costs and unloading require review of the rule and agreed terms. Incoterms® is an ICC trademark.
Delivery and risk transfer
Goods available at the agreed place, before loading.
Insurance
No obligation to arrange it under this rule.
ICC · Official referenceDelivery and risk transfer
Delivery to the nominated carrier or person at the agreed point. At seller premises, loaded; elsewhere, on seller’s vehicle ready for unloading.
Insurance
No obligation to arrange it under this rule.
ICC · Official referenceDelivery and risk transfer
Handover to the carrier at the agreed point, potentially well before the paid destination.
Insurance
No obligation to arrange it under this rule.
ICC · Official referenceDelivery and risk transfer
Handover to the carrier; seller pays transport and insurance to the named destination.
Insurance
Seller: clauses A or similar by default; review agreed terms.
ICC · Official referenceDelivery and risk transfer
At the agreed destination, on the arriving vehicle ready for unloading.
Insurance
No obligation to arrange it under this rule.
ICC · Official referenceDelivery and risk transfer
At the agreed destination, after unloading by the seller.
Insurance
No obligation to arrange it under this rule.
ICC · Official referenceDelivery and risk transfer
At destination, import-cleared and ready for unloading; verify the seller can meet import obligations.
Insurance
No obligation to arrange it under this rule.
ICC · Official referenceDelivery and risk transfer
Alongside the nominated vessel at the agreed port of shipment.
Insurance
No obligation to arrange it under this rule.
ICC · Official referenceDelivery and risk transfer
On board the vessel at the agreed port of shipment.
Insurance
No obligation to arrange it under this rule.
ICC · Official referenceDelivery and risk transfer
On board at origin; seller pays freight to the named destination port.
Insurance
No obligation to arrange it under this rule.
ICC · Official referenceDelivery and risk transfer
On board at origin; seller pays freight and insurance to the destination port.
Insurance
Seller: clauses C by default; broader coverage can be agreed.
ICC · Official referenceYour next step
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