Incoterms 2020 responsibility viewer
Who pays, who carries the risk and who clears customs under each Incoterms 2020 rule.
Get this tool with its role plan
This is a premium tool. It comes with its role's plan: sign in, then add the role in Billing.
Comes with the supply chain planner plan: every tool for the role, from $10.20 a month at the launch price.
- Your own numbers, worked out as often as you like
- The full cost split you can print or save to My work
- 4 cited sources, linked, with the checks to make
- Every other tool for the same role, in the same plan
- A plain-words read of your result (a fuller AI read with the Bifrost AI add-on)
Included in these role plans
Example result · fictional numbers
What you get: cost split
Worked out by this tool from its default inputs. Its role plan lets you run your own numbers, print the sheet and save it.
FCA: seller pays $900.00, buyer pays $7,715.00; quote $50,900.00 FCA
- Free Carrier
- Seller delivers, cleared for export, to the buyer's carrier at a named place.
- Mode
- Any (best for containers and air)
- Risk passes
- On delivery to the carrier at the named place
- Export / import clearance
- Seller / buyer
- Common mistake
- Not naming the exact place; 2020 lets the buyer instruct an on-board B/L for letters of credit.
Cost split under FCA (Incoterms 2020)
- Origin costs (loading, export clearance, origin terminal)
- Seller: $900.00
- Main carriage
- Buyer: $3,200.00
- Cargo insurance (110% of $50,000.00)
- Buyer: $165.00
- Destination costs (terminal, delivery to the door)
- Buyer: $1,100.00
- Import duty and taxes
- Buyer: $3,250.00
- Seller's costs on top of the goods
- $900.00
and 1 more lines
Also on the sheet
- Risk and insurance · 4 lines, starting with “Risk passes”
- Your quote as the seller · 4 lines, starting with “Price to quote FCA”
- Checks · 5 lines, starting with “Rule fits the cargo”
The plain-words read of this example
Under FCA the seller pays $900.00 of the move on top of the $50,000.00 goods, so the FCA price is $50,900.00. The buyer pays $7,715.00 more, for a delivered cost of $58,615.00. No insurance is required; the buyer should buy it for about $165.00. FCA suits containers (FCL or LCL). Name the exact place and "Incoterms 2020" in the contract.
4 cited sources
- ICC announces launch date for Incoterms 2020 (International Chamber of Commerce)
- Incoterms 2020 (official ICC rules) (ICC Knowledge 2 Go)
- TradeTalk: Incoterms (US Commercial Service resource guide) (Michigan State University International Business Center)
- 19 CFR 152.103, Transaction value (eCFR)
Plus 5 step-by-step checks, a print layout and a link that reopens it with your numbers.