D2 - Commercial Terms - Incoterms ® 2010

To find out how to provisionally book, or if you need a quote, click on the red “how to book” tab, above, or capture your email in the right-hand panel to initiate the pro-forma process.


This course is a compact 7-hour presentation dealing with the use of Commercial Terms and with specific emphasis on the correct use of the ICC Incoterms Rules. It is a full and interactive day, and an excellent forum for questions & answers.

We’ll deal with;
Understanding what Commercial Terms do and do not do;
The structure of correctly written Commercial Terms;
Common problems with common terms;
Limiting risks, misalignments and misunderstandings;
Understanding the difference between customs valuation symbols and commercial terms - fob vs. FOB, ex-works vs. EXW etc. 

This course is for everyone involved in trade. It is relevant regardless of whether their outlook is as a Seller, Buyer or as a Service Provider to these parties.

The course fees include an electronic copy of the presentation material, plus copies of the official text of Incoterms ® 2010. The delegate also receives copies of two of Freight Training's latest Incoterms ® 2010 wall charts and a hyperlinked version of the 5th Edition of Trading Words & Phrases. 

Course costs include lunch and a certificate of attendance.

Incoterms (R) is a trademark of International Chamber of Commerce, registered in several countries.

This course is also available as an in-house event;

email phill@freighttraining.co.za to enquire further.