Terms in international trade

The term means that the seller is considered to have fulfilled his obligation to deliver whenproductit is placed along the side of the vessel nominated by the buyer (i.e. on the berth or barge agreed in the contract) in the agreed port of shipment.Riskthe loss or damage of the goods passes when the goods are located along the side of the vessel, and from that moment the buyer bears all costs.

This term is to be used only for sea and inland waterway transport.

'Free Carrier' ('

" >Franco carrier') means that the seller transfers the goods to the carrier or to another person nominated by the buyer at his premises or at another stipulated point.

The parties are advised to identify the item most clearly at the named place of delivery, since the risk passes to the buyer at this point.

If the parties intend to transfer the goods at the seller's premises, they must indicate the address of this premises at the agreed place of delivery. If the parties believe that the goods should be transferred elsewhere, they must determine this place of transfer.

According toFCAthe seller is required to perform customs formalities for export, if any.

This term can be used regardless of the chosen mode of transport, as well as when using more than one mode of transport.

The term means that under this condition, the seller delivers the goods on board the vessel nominated by the buyer at the named port of shipment, or ensures the provision of the goods delivered in this way.The risk of loss or damage to the goods passes when the goods are on board the ship, and from that moment the buyer bears all costs.

The seller is obliged either to deliver the goods on board the vessel, or to ensure that the goods delivered in this way are provided for shipment. The indication of the obligation to 'provide' takes into account the numerous sales along the chain, which are often used in commodity trading.

FOBrequires the seller to perform customs formalities for export, if applicable.

A trade term denoting a certain place designated in the contract of sale, for the delivery of goods to which all responsibility and costs fall on the seller. After the delivery of the goods to this place, all costs and responsibility for the goods begins to be borne by the buyer.

The "free" price is the wholesale price, taking into account the transport costs of delivering the goods to the place of reception by the buyer.