Mode of Transport: Any, as many modes as required
Applicable for Domestic Trade: Yes
Applicable for String Sales: No
Applicable for Goods Moving in Containers: Yes
Delivery Condition: The seller delivers when the goods, unloaded from the arriving means of transport, are placed at the disposal of the buyer at a named terminal at the named port or place of destination. “Terminal” includes any place, whether covered or not, such as factory, warehouse, container yard or road, rail or air cargo terminal (address).
Point of Risk Transfer: Specific point within the named terminal at port or place of destination
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Point of Cost Transfer: Specific point within the named terminal at port or place of destination
Rules for Quote (Quotation): [currency] [price] DPU [named place of destination] Incoterms® 2020
Example of Quote (Quotation): $150,000, 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, only if the inspection is mandated by local authorities
Loading: Seller’s responsibility and cost
Carriage: Seller’s responsibility and cost up to the Terminal and Buyer’s responsibility and cost from the Terminal
Insurance: No obligation to arrange but buyer’s cost and responsibility if requested
Import Clearance & Security: Buyer’s responsibility and cost
Unloading: Buyer’s responsibility and cost, unless unloading in the Terminal 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.
