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.

Incoterms

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
  • COSTING METHODS
  • CASE STUDIES
  • MISTAKES MADE: COURT CASES INVOLVING INCOTERMS® RULES

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