Event Details
Join the ICC United Kingdom and London Institute of Banking and Finance to discuss the changes to the ICC Incoterms® 2020 rules; the globally recognised trade terms for the sale of goods, providing certainty and clarity to business and traders everywhere.
LIBF – London Institute of Banking and Finance Peninsular House, 36 Monument Street, London EC3R 8LJ
15th November, 08:30 – 10:45
Targeted towards those in the banking sector, this event will discuss not only the changes to the 2020 edition, how to use Incoterms® and why they are so important, but will also provide a discussion on how banks could adapt current trade finance processes to further support the ever-changing needs of their clients.
Unable to attend the ICC Incoterms® 2020 UK launch event on the 15th October? If so, this event will provide another opportunity to learn about the changes ahead of enforcement in 2020.
Conference Highlights
- TRADE TERMS FOR DOMESTIC AND INTERNATIONAL TRANSACTIONS
- Incoterms® Rules in Contracts
- Incoterms® Rules and Title Transfer
- Incoterms® Rules vs. The Uniform Commercial Code Terms
- Structure of Incoterms® Rules
- INCOTERMS® 2020 PRODUCT TRANSPORTATION AND RISK OF LOSS
Incoterms® Rules Compared- TERMS FOR ANY MODE
- EXW -Ex Works (named place)
- FCA – Free Carrier At (named place)
- CPT – Carriage Paid To (named place of destination)
- CIP – Carriage and Insurance Paid To (named place of destination)
- DAP – Delivered at Place (named place of destination)
- DPU – Delivered at Place Unloaded (named place of destination)
- DDP – Delivered Duty Paid (named place of destination)
- MARITIME TERMS
- FAS – Free Alongside Ship (named ocean port of shipment)
- FOB – Free on Board (named ocean port of shipment)
- CFR – Cost and Freight (named ocean port of destination)
- CIF – Cost, Insurance and Freight (named ocean port of destination)
- SUMMARY
- Trade Term Self-Assessment, Exercises & Quiz
- TERMS FOR ANY MODE
- COSTING METHODS
- CASE STUDIES
- MISTAKES MADE: COURT CASES INVOLVING INCOTERMS® RULES
Photos & Gallery
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