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DDP Incoterms : Delivery Duty Paid

November 9, 2017 Incoterms
DDP Incoterm
DDP trade term means Delivery Duty Paid When is Delivery Completed? Seller delivers the goods when the goods are placed at the disposal of the buyer, cleared for import …
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DAP Incoterms : Delivered at Place

November 9, 2017 Incoterms
DAP Incoterm
DAP trade term means Delivered at Place When is Delivery Completed ? Seller delivers when the goods are placed at the disposal of the buyer on the arriving means …
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FCA Incoterms : Free Carrier

November 8, 2017 Incoterms
FCA Free Carrier Incoterm
FCA trade term means Free Carrier When is Delivery Completed? Seller is deemed to have delivered the goods to the carrier or another person nominated by buyer at the …
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EXW Incoterms : Ex Works

November 8, 2017 Incoterms
EXW Incoterm
In Incoterms, EXW trade term means Ex Works When is Delivery Completed?   Seller delivers when he places the goods at disposal of buyer at seller’s premises or another named …
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Understanding Point of Delivery in CIF Incoterm (Video)

November 7, 2017 Incoterms
CIF Incoterm
The video looks at the correct point of delivery in CIF Incoterm and who bears the risk of loss and damage to the goods in transit When a seller …
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How a House Bill of Lading works (Video)

November 2, 2017 Bill of Lading
House Bill of Lading in International Trade
The workflow of a House Bill of Lading when the seller has LCL (Less Container Load) Cargo and approaches a consolidator to consolidate their goods with other seller’s goods …
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Understanding Documents against Acceptance (Video)

May 26, 2017 Letter of Credit
Documents Against Acceptance
This video explains the workflow of a Documentary Collection Method – Documents Against Acceptance involving the Importer (Drawee), Collecting/Presenting Bank, Remitting Bank and Exporter (Principal). Summary of How Documents …
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Understanding Documents Against Payment (Video)

May 17, 2017 Letter of Credit
Documents Against Payment
This video outlines the workflow of a Documentary Collection Method – Documents Against Payment involving the Importer (Drawee), Collecting/Presenting Bank, Remitting Bank and Exporter (Principal) Documents Against Payment D/P …
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How a Sight Letter of Credit works (Video)

May 9, 2017 Letter of Credit
Sight Letter of Credit in International Trade
This video outlines the workflow of a Sight Letter of Credit which involves the Importer (Applicant), Issuing Bank, Advising Bank and Exporter (Beneficiary) Documentary Credit also known as Letter …
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Methods of Payment in International Trade (Video)

May 6, 2017 Letter of Credit
Methods of Payment in International Trade
This video talks about the 4 Methods of Payment used in International Trade which are Open Account, Advance Payment, Documentary Collection & Documentary Credit. What is International Trade ? …
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