Post on 05-Jan-2016
description
transcript
Export DocumentationInco Terms
Previous class
• Proforma invoice• Commercial invoice• Consular invoice• Packing list• Mates receipt• Bill of lading
Inco terms
Inco terms
Inco term series
Inco Term Group E
Group F
Group C
Group D
Inco term 2000
Inco term
• EXW------ Ex works• FOB-------- Free on Board• FCA ------ Free carrier• FAS ------ Free alongside ship• CFR------- cost and freight• CIF cost insurance and freight• CPT carriage paid to
Inco terms
• CIP------ carrier and insurance paid to• DDP------ Delivery duty paid• DDF---- Delivered at frontier• DES, DEQ, DDU-------Delivered = Ex Ship, ex
quay, Duty unpaid
Cost
Mode of Payment
• Advance payment
• Open account system
• Consignment sale
• documentary collection
Risk spectrum
Letter of Credit
Concept of letter of Credit
Concept of letter of credit
Letter of Credit process diagram