Can be used for any transport mode, or where there is more than one transport mode. The seller is responsible for arranging carriage and for delivering the goods, unloaded from the arriving means of transport, at the named place.
Risk transfers from seller to buyer when the goods have been unloaded.
‘Terminal’ can be any place – a quay, container yard, warehouse or transport hub.
The buyer is responsible for import clearance and any applicable local taxes or import duties.
Things to watch for:
The place for delivery should be specified as precisely as possible, as many ports and transport hubs are very large.
A useful rule, well suited to container operations where the seller bears responsibility for the main carriage.