In Incoterms DAP the seller delivers the goods, without unloading, at the place of destination in the buyer’s country. The transport risk is transferred from buyer to seller in the same place where the goods are delivered. The place of…
Read MoreDAT Delivered at Terminal
In Incoterms DAT the seller delivers the goods unloaded at a port terminal or another place of destination in the buyer´s country. The terminal concept is quite broad and includes both terminals of transportation (land, air, sea) and logistics infrastructure…
Read MoreDate draft
A draft that matures for a specified number of days after issuance, without regard to the date of acceptance.
Read MoreDDC Delivered destination charges
That expression refers to various miscellaneous charges in the port of destination; also is used to refer to dispatch money at discharge.
Read MoreDDP Delivered Duty Paid
In Incoterms DDP the seller fulfils his obligation to deliver when the goods have been available at the named place in the country of importation. The seller has to bear the risks and costs including duties, taxes and other charges…
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