I am a buyer
Result
Your INCOtelligent smart contract will be created ✔ as :
DDP
... named place of destination
Delivered Duty Paid
The buyer
- unloads the goods from the arriving vehicle at the agreed place of destination
The Seller
- arranges goods with invoice, packaging, import licence and way bill
- arranges export, transit, import and security formalities up to the agreed place of destination
- includes all duties upon importation in the invoice (including VAT)
- assumes all costs and risks till delivery in the agreed place of destination, ready for unloading from the arriving vehicle
DAP
named place of destination
Delivered at Place
The buyer
- assumes all costs and risks of the goods from the moment they are at his disposal in the agreed terminal of destination
- assumes import formalities
- collects the goods at the agreed terminal of destination
The Seller
- arranges goods with invoice, packaging, export licence and way bill (Delivery Order)
- arranges export, transit and security formalities up to the agreed terminal
- assumes all costs and risks till delivery in the agreed terminal in said port or place of destination, ready for collection by the buyer
DAT
named terminal at port or place of destination
Delivered at Terminal
The buyer
- assumes all costs and risks of the goods from the moment they are at his disposal in the agreed terminal of destination
- assumes import formalities
- collects the goods at the agreed terminal of destination
The Seller
- arranges goods with invoice, packaging, export licence and way bill (Delivery Order)
- arranges export, transit and security formalities up to the agreed terminal
- assumes all costs and risks till delivery in the agreed terminal in said port or place of destination, ready for collection by the buyer
CFR
... named port of destination
Cost and Freight
The buyer
- assumes all costs (except for the freight) and risks of the goods from the moment they have been placed on board of a ship booked for the agreed port of destination
- assumes customs and security formalities with respect to transit and import
- receives/discharges the goods from the ship at the agreed port of destination
The Seller
- arranges goods with invoice, packaging, export licence and B/L
- arranges customs formalities when exporting
- contracts for carriage and includes the freight rate for the transport of the goods to the designated port in his invoice
- assumes all costs and risks of the goods up to delivery of the cleared goods upon placing them on board of his ship in the port of departure.
CIF
... named port of destination
Cost, Insurance Freight
The buyer
- assumes all costs (except for the freight) and risks of the goods from the moment they have been placed on board of a ship booked for the agreed port of destination
- assumes customs and security formalities with respect to transit and import
- receives/discharges the goods from the ship at the agreed port of destination
The Seller
- arranges goods with invoice, packaging, export licence, B/L and insurance policy
- arranges customs formalities when exporting
- contracts for carriage and insurance and includes the freight rate to the designated port and insurance premium in his invoice
- assumes all costs and risks of the goods up to delivery of the cleared goods upon placing them on board of his ship in the port of departure.
CPT
... named place of destination
Carriage Paid To
The buyer
- assumes all costs (except for the freight) and risks of the goods from the moment they have been transferred to the ‘first’ carrier
- assumes customs and security formalities with respect to transit and import
- receives the goods from the carrier at the agreed place of destination
The Seller
- arranges goods with invoice, packaging, export licence and way bill
- arranges customs formalities when exporting
- contracts for carriage and includes the freight rate for the transport of the goods to the designated destination in his invoice
- assumes all costs and risks of the goods up to delivery of the cleared goods upon transfer to his carrier or freight forwarder at the place of departure.
CIP
... named place of destination
Carriage and Insurance Paid To
The buyer
- assumes all costs (except for the freight and insurance) and risks of the goods from the moment they have been transferred to the ‘first’ carrier
- assumes customs and security formalities with respect to transit and import
- receives the goods from the carrier at the agreed place of destination
The Seller
- arranges goods with invoice, packaging, export licence, way bill and insurance certificate
- arranges customs formalities when exporting
- contracts for carriage and insurance and includes the freight rate and insurance premium for the transport of the goods to the designated destination in his invoice
- assumes all costs and risks of the goods up to delivery of the cleared goods upon transfer to his carrier or freight forwarder at the place of departure.
FOB
... named port of shipment
Free On Board
The buyer
- organizes carriage from the agreed port of departure
- assumes all costs and risks of the goods from the moment they have been placed on his ship
- assumes customs and security formalities with respect to transit and import
The Seller
- arranges goods with invoice, packaging, export licence
- arranges customs export formalities
- assumes all costs and risks of the goods up to delivery the cleared goods by placing them on the ship booked by (on behalf of) the buyer in the agreed port of departure (port customs).
FAS
... named port of shipment
Free Alongside Ship
The buyer
- organizes carriage from the agreed port of departure
- assumes all costs and risks of the goods from the moment they have been placed alongside the ship he has booked
- assumes customs and security formalities with respect to transit and import
The seller
- arranges goods with invoice, packaging, export license
- arranges customs export formalities
- assumes all costs and risks of the goods up to delivery of the cleared goods by placing them alongside the ship booked by (or on behalf of) the buyer in the agreed port of departure.
FCA
... named place
Free Carrier
The buyer
- organizes carriage from the agreed point of departure
- assumes all costs and risks of the goods from the moment they have been transferred to ‘his’ carrier
- assumes customs and security formalities with respect to transit and import
The Seller
- arranges goods with invoice, packaging, export licence
- arranges customs formalities when exporting
- assumes all costs and risks of the goods up to delivery of the cleared goods upon transfer to the carrier or freight forwarder contracted by (on behalf of) the buyer at the agreed place of departure.
EXW
... named place
Ex works
The buyer
- is liable for the loading and export and import clearance (the procedures with Customs).
- assumes all costs and risks of the goods from the sellers business premises to the final destination
The Seller
- supplies the goods by making them available to the buyer at his business premises (workshop, storage facility, depot, factory, etc.).
- arranges goods with an invoice (or EDI message) and packaging.
???
Save it...
Enter/paste your Ethereum Address below
- as the Buyer in this transaction -
example: 0xd5d867795110c9a9420b3c35f77c3c91011b1941
- as the Buyer in this transaction -
example: 0xd5d867795110c9a9420b3c35f77c3c91011b1941
Enter/paste the Seller's Ethereum Address below.
example: 0xc46d8910e6d4d32e186712df9deb44c49d7179ce
example: 0xc46d8910e6d4d32e186712df9deb44c49d7179ce
Enter a Unique Reference Number for this contract
example: Use a unique PO number
example: Use a unique PO number
Storing contract to the blockchain...
✔
Your contract was stored with transaction id:
0xe5ad2d1ddd83ace9ac20fbe57c720ae657d909b96f24926c2d7dc5dd74793fb7
View on Etherscan.io
0xe5ad2d1ddd83ace9ac20fbe57c720ae657d909b96f24926c2d7dc5dd74793fb7
View on Etherscan.io