Mode of Transport: Any, as many modes as required
Applicable for Domestic Trade: No
Applicable for String Sales: No
Applicable for Goods Moving in Containers: Yes
Delivery Condition: The seller delivers the goods when they are placed at the disposal of the buyer, cleared for import on the delivering means of transport ready for unloading at the named place of destination.
Point of Risk Transfer: Specific point within the named place of destination
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Point of Cost Transfer: Specific point within the named place of destination
Rules for Quote (Quotation): [currency] [price] DDP [named place of destination] Incoterms® 2020
Example of Quote (Quotation): $150,000 DDP, 2100 Bloor St. West, Toronto, ON, Canada, M6S 5A5, Incoterms® 2020
Packaging: Seller’s responsibility and cost
Export Clearance & Security: Seller’s responsibility and cost
Inspection: Seller’s responsibility and cost
Loading: Seller’s responsibility and cost
Carriage:Seller’s responsibility and cost
Insurance: No obligation to arrange but Buyer’s cost and Seller’s responsibility if requested
Import Clearance & Security: Seller’s responsibility and cost
Unloading: Buyer’s responsibility and cost, unless unloading cost is included in the contract of carriage.
Notification: The Seller timely notifies the Buyer when and where the goods have been delivered. The Buyer timely notifies the Seller the time and the point of taking goods.
Documentation: The Seller must provide the Buyer with the document enabling the Buyer to take the delivery. The Buyer must accept delivery document.
