{"id":9485,"date":"2023-12-31T07:58:32","date_gmt":"2023-12-31T12:58:32","guid":{"rendered":"https:\/\/faisalkhan.com\/?page_id=9485"},"modified":"2023-12-31T07:58:37","modified_gmt":"2023-12-31T12:58:37","slug":"11-incoterms","status":"publish","type":"page","link":"https:\/\/faisalkhan.com\/learn\/payments-wiki\/11-incoterms\/","title":{"rendered":"11 Incoterms"},"content":{"rendered":"\n
These are 11 Incoterms established by the International Chamber of Commerce (ICC). Here’s a brief description of each:<\/p>\n\n\n\n
Each Incoterm is a set of rules that define the responsibilities of sellers and buyers for the delivery of goods under sales contracts. They are used globally and are integral in international trade to provide clarity and predictability. It’s important to note that the choice of Incoterm can significantly impact the cost and risk involved in shipping goods.<\/p>\n","protected":false},"excerpt":{"rendered":"
These are 11 Incoterms established by the International Chamber of Commerce (ICC). Here’s a brief description of each: Each Incoterm is a set of rules that define the responsibilities of sellers and buyers for the delivery of goods under sales contracts. They are used globally and are integral in international trade to provide clarity and […]<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":3611,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_uag_custom_page_level_css":"","_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"blocksy_meta":[],"featured_image_urls":{"full":"","thumbnail":"","medium":"","medium_large":"","large":"","1536x1536":"","2048x2048":"","gb-block-post-grid-landscape":"","gb-block-post-grid-square":"","yarpp-thumbnail":""},"post_excerpt_stackable":"
These are 11 Incoterms established by the International Chamber of Commerce (ICC). Here’s a brief description of each: EXW (Ex Works): The seller makes the goods available at their premises. The buyer is responsible for all transportation costs and risks in bringing the goods to their final destination. FCA (Free Carrier): The seller delivers the goods, cleared for export, to a carrier chosen by the buyer at a specified location. The risk transfers to the buyer when the goods are handed over to the first carrier. CPT (Carriage Paid To): The seller pays for the carriage of the goods to…<\/p>\n","category_list":"","author_info":{"name":"Faisal Khan","url":"https:\/\/faisalkhan.com\/author\/nomismad\/"},"comments_num":"0 comments","featured_image_urls_v2":{"full":"","thumbnail":"","medium":"","medium_large":"","large":"","1536x1536":"","2048x2048":"","gb-block-post-grid-landscape":"","gb-block-post-grid-square":"","yarpp-thumbnail":""},"post_excerpt_stackable_v2":"
These are 11 Incoterms established by the International Chamber of Commerce (ICC). Here’s a brief description of each: EXW (Ex Works): The seller makes the goods available at their premises. The buyer is responsible for all transportation costs and risks in bringing the goods to their final destination. FCA (Free Carrier): The seller delivers the goods, cleared for export, to a carrier chosen by the buyer at a specified location. The risk transfers to the buyer when the goods are handed over to the first carrier. CPT (Carriage Paid To): The seller pays for the carriage of the goods to…<\/p>\n","category_list_v2":"","author_info_v2":{"name":"Faisal Khan","url":"https:\/\/faisalkhan.com\/author\/nomismad\/"},"comments_num_v2":"0 comments","yoast_head":"\n