INCOTERMS - International Commercial Terms
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Duration :
Course Description:
This 60-minute webinar will help exporters understand International Commercial Terms, or INCOTERMs, published by the International Chamber of Commerce and how to select the correct one for their transactions.
Why should you Attend?
Companies that export and import products internationally need to understand which International Commercial Term, or INCOTERM, to use to precisely determine who pays for freight, insurance and customs duties. INCOTERMs also determine at which point in the logistics movement of goods title transfer takes place during transit.
Areas Covered:
- What are INCOTERMs
- How are they used for the export sales
- How are they used for import purchases
- What are the terms and conditions of each INCOTERM
- How do I select the correct term for a specific transaction
- What are the benefits or one term over another
- What are the risks of one term over another
Learning objectives:
Attendees will learn how to use INCOTERMs to define who pays for freight, insurance and customs duties for the export sale and the import purchase of goods.
Who will benefit?
This webinar will provide valuable assistance to all companies that export or import goods and need to properly allocate the cost of freight, insurance and customs duties between the parties in the transaction.
- Export trading companies that sell internationally
- Import companies that purchase internationally
- Freight forwarding companies that are contracted to transport goods
- Bank staff involved with trade finance services and the negotiation of credits
Registration Options
Speaker Details
John Dunlop
Global Trade
John W. Dunlop is CEO of InterNetLC.com, LLC. InterNetLC.com provides the eTrade Finance Platform as an open source web service for online eUCP Letter of Credit and trade finance transactions. The company also provides Documentary Letter of Credit Management services to assist exporters and importers in managing the letter of credit process from purchase order to final payment.
Refund Policy
Participants/Registrants for our live events, may cancel up to 72 hours prior to the start of the live session and ComplianceTrain will issue a letter of credit to be used towards any of ComplianceTrain's future events. The letter of credit will be valid for 12 months.
ComplianceTrain will process refund in cases where the event has been cancelled and is not rescheduled within 90 days from the original scheduled date of the webinar. In case if a live webinar is cancelled, participants/registrants may choose between recorded version of the course or a refund. Refunds will not be processed to participants who do not show up for the webinar. A webinar may be cancelled due to unavoidable circumstances, participants will be notified 24 hours before the scheduled start of the event. Contact us via email: admin@ComplianceTrain.com
