Compliance
Incoterms 2020 Guide
An interactive reference for International Commercial Terms. Understand cost and risk distribution between buyers and sellers.
FOB - Free On Board
Seller delivers goods on board the vessel nominated by the buyer at the named port of shipment.
| Responsibility | Responsible Party |
|---|---|
| Export Packing | SELLER |
| Origin Loading | SELLER |
| Inland Freight (Origin) | SELLER |
| Export Customs | SELLER |
| Terminal Handling (Origin) | SELLER |
| Intl. Freight | BUYER |
| Insurance | BUYER |
| Terminal Handling (Dest.) | BUYER |
| Import Customs | BUYER |
| Duties & Taxes | BUYER |
| Inland Freight (Dest.) | BUYER |
Seller Responsibilities
Highlighted steps where the exporter is responsible for costs and risks.
Buyer Responsibilities
Steps where the importer must arrange logistics and cover expenses.
Calculation Results
Key Changes in 2020
- DAT (Delivered at Terminal) renamed to DPU (Delivered at Place Unloaded).
- CIP now requires a higher level of insurance coverage (Institute Cargo Clauses A).
- FCA now allows for Bill of Lading with an on-board notation.
Incoterms® is a registered trademark of the International Chamber of Commerce (ICC). These rules are standard for international trade but do not replace a full sales contract.
How to use this tool
1
Click on any Incoterm code (e.g., FOB, DDP) to see its full definition.
2
Review the responsibility matrix below to see who bears the cost and risk for each logistical step.
3
Note the difference between "E", "F", "C", and "D" groups for risk transfer points.
4
Use the summary cards at the bottom to quickly identify Buyer vs Seller duties.
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