Watson Park Associates - Letters of Credit & International Direct Collections

Incoterms

Click here for basic guideline listing most commonly used Incoterms. This is not a complete list. Contact Watson Park Associates if you encounter an Incoterm not shown on this list.

Reminder: Incoterms are guidelines, not regulations. Included costs and possession are not only determined by the Incoterm but also by any agreement between the buyer and seller stated on the Proforma Invoice, Purchase Order or Contract.

If you are not sure of the costs your buyer believes to be included in the chosen Incoterm, contact Watson Park Associates for assistance. It is acceptable to include any cost not normally included in the chosen Incoterm (factory loading fees/ expedited fees/ inspection fees/ AES entry fees/ legalization fees, insurance fees, etc.) but it must be noted on the Proforma Invoice, Purchase Order or Contract.

Bottom line, make sure your price includes all costs your buyer thinks are included, no matter which Incoterm is utilized.

Click here to be taken to the basic Incoterm guideline

Incoterms

Click here for basic guideline listing most commonly used Incoterms. This is not a complete list. Contact Watson Park Associates if you encounter an Incoterm not shown on this list.

Bottom line, make sure your price includes all costs your buyer thinks are included, no matter which Incoterm is utilized.

Click here to be taken to the basic Incoterm guideline

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