10 Tips on Using Incoterms® 2010

10 Tips on Using Incoterms® 2010 – Video Series Part 3 Lance Scoular, The Savvy Navigator http://www.import-export-made-easy.com/incoterms-2010-videos.html 1. Remember - Incoterms are NOT your prime contract of sale. 2. Consider terms appropriate to the goods. 3. Consider terms appropriate to the transport required 4. Decide who will organise transport 5. Decide who will organise Insurance (if required) 6. Consider local customs or practices at the port or place 7. Consult the Guidance Notes 8. Choose the appropriate Rule 9. Specify Place as precisely as possible 10. Incorporate Incoterms® 2010 into your contract