Get the free EXW FCA FAS FOB CFR CIF CIP DDU DDP - Westbound Logistics ...
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IncotermsIncotermEXW
Ex worksFCAFree carrierFASFree alongside
shipFOBFree on boardCFRCost and freightCIFCost, insurance
and freightCIPFreight and
insurance paidDDUDelivered duty
unpaidDDPDelivered
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How to fill out exw fca fas fob
How to fill out exw fca fas fob
01
EXW (Ex Works): The buyer is responsible for all transportation and export files. The seller prepares the goods for pickup at their own premises.
02
FCA (Free Carrier): The seller delivers the goods to a specified carrier at a named place. The buyer arranges the transportation and export files from that point onwards.
03
FAS (Free Alongside Ship): The seller delivers the goods alongside the vessel at the named port. The buyer is responsible for loading and transportation of the goods once they are delivered.
04
FOB (Free on Board): The seller delivers the goods on board the vessel at the named port. The buyer is responsible for all costs and risks from that point onwards, including loading, transportation, and export files.
Who needs exw fca fas fob?
01
Exporters who want to minimize their responsibility and cost in shipping the goods.
02
Importers who have their own transportation arrangements and want to maintain control over the shipping process.
03
Buyers who prefer to have the goods delivered at a specific port or location.
04
Sellers who want to transfer the responsibility and risk to the buyer at the earliest possible point.
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What is exw fca fas fob?
EXW, FCA, FAS, and FOB are all international trade terms determining the responsibility and costs associated with the transportation of goods. EXW stands for Ex Works, FCA for Free Carrier, FAS for Free Alongside Ship, and FOB for Free On Board.
Who is required to file exw fca fas fob?
Parties involved in international trade transactions, including exporters, importers, carriers, and freight forwarders, may be required to use these trade terms.
How to fill out exw fca fas fob?
To fill out EXW, FCA, FAS, or FOB, parties need to agree on the specific terms and conditions of the shipment in accordance with the chosen trade term.
What is the purpose of exw fca fas fob?
The purpose of EXW, FCA, FAS, and FOB is to clarify the responsibilities and liabilities of the buyer and seller in international trade transactions.
What information must be reported on exw fca fas fob?
Information such as the point at which risk is transferred, the party responsible for transportation, loading/unloading costs, and delivery terms must be reported on EXW, FCA, FAS, and FOB.
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