Freight Collect Terms
Any Mode of Transport
EXW
Ex Works
Buyer takes goods from seller's premises.
TransportAny Mode
Risk TransferAt Seller's premises (Buyer's disposal)
FCA
Free Carrier
Seller delivers cleared goods to nominated carrier.
TransportAny Mode
Risk TransferOn delivery to named carrier / place
Sea & Inland Waterway Transport
FAS
Free Alongside Ship
Seller delivers alongside the vessel at origin port.
TransportSea & Inland Waterway
Risk TransferAlongside the vessel at port of shipment
FOB
Free On Board
Risk transfers once goods are loaded on board.
TransportSea & Inland Waterway
Risk TransferOn board the vessel at port of shipment
CFR
Cost and Freight
Seller pays freight to destination port; risk transfers at origin.
TransportSea & Inland Waterway
Risk TransferOn board the vessel at port of shipment
CIF
Cost, Insurance and Freight
Like CFR plus minimum marine insurance.
TransportSea & Inland Waterway
Risk TransferOn board the vessel at port of shipment
InsuranceSeller (min. ICC C)
Freight Prepaid Terms
Any Mode of Transport
CPT
Carriage Paid To
Seller pays carriage to named destination; risk transfers at origin.
TransportAny Mode
Risk TransferOn handover to first carrier
CIP
Carriage and Insurance Paid To
Like CPT plus all-risk insurance (ICC A).
TransportAny Mode
Risk TransferOn handover to first carrier
InsuranceSeller (ICC A)
DAP
Delivered at Place
Seller delivers ready for unloading at destination.
TransportAny Mode
Risk TransferAt named place of destination (ready for unloading)
DPU
Delivered at Place Unloaded
Seller delivers and unloads at destination.
TransportAny Mode
Risk TransferAt named place of destination, unloaded
DDP
Delivered Duty Paid
Maximum seller obligation — duties paid.
TransportAny Mode
Risk TransferAt named place of destination (import cleared)