Unfortunately, carriers often have refused to issue the bills of lading if the goods come from an intermediate mode of transportation rather than the seller. Sellers must usually provide banks with a bill of lading that indicates that the goods are on board the chosen transport. They are:Ĭhange in terminology from DAT to DPU: Requiring only a designated place rather than a terminal gives businesses and carriers more flexibility regarding where they unload and load.Ĭhanges in the FCA terms: With these changes, sellers can more easily receive payments from their buyers’ banks.
With DPU, the seller delivers the goods by making them available to the buyer by unloading them at a designated place.ĭAP (Delivered at Place): The seller makes the goods available to the buyer at a designated place.ĭDP (Delivered Duty Paid): The seller places the goods at the buyer’s disposal, duties paid ahead of time, cleared for import, and ready to unload at a designated place.įour of the rules regulate inland waterway and ocean transportation.
EXW (ExWorks): The seller delivers by making the goods available to the buyer.įCA (Free Carrier): The seller delivers the goods to a carrier or an agent appointed by the buyer.ĬPT (Carriage Paid To): The seller delivers the goods to a buyer-appointed agent or carrier and also pays for international carriage (transportation).ĬIP (Carriage and Insurance Paid To): The seller delivers the goods to a buyer-appointed agent or carrier, pays for not only international carriage, but for insurance as well.ĭPU (Delivered at Place Unloaded): This term has been updated from its former designation, DAT (Delivered at Terminal).
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