When a company decides to use Incoterms

saifulislam15@g

Do your research and confirm that the term is appropriate for the medium you have chosen. Make sure both parties understand the obligations and responsibilities that come with their choice of term. Indicates the type agreed on the commercial shipping invoice. Constantly review the terms you use, as well as your rights and obligations if necessary. Incoterms most used for international transport Although it is necessary to know all the incoterms, there are some that are more frequently used than others, which is why you should give them more importance.


These are FAS. F.O.B. FCA CFR. CIF. Frequent Belarus WhatsApp Number errors when using Incoterms  for the first time, errors and misunderstandings may arise. In fact, there is a list of the most common mistakes, so we will mention some of them so you can avoid them in the future. Use terms that do not exist. Beyond the terms that we mentioned before: EXW, FCA, FAS, FOB, CFR, CIF, CPT, CIP, DAT, DAP, DDP; there's no more. Therefore, if you assign it incorrectly, you may have problems.





Use of Incoterms for national purchases and sales. These terms were created exclusively for the sale and purchase of international operations, so they should not be used in other types of transactions. Do not complete the name of the chosen Incoterm. The letters of the incoterm are not enough, but must complement the information, such as the place of delivery, for example. Use Incoterms not suitable for the chosen mode of transport. Each of the Incoterms is designed for a type of transport, so care must be taken when choosing it.