Incoterms – International Commercial Terms – Common Terms
As always let’s start with brief history on where incoterms originates. International Commercial Terms = Incoterms Features of incoterms Who uses incoterms? How incoterms are used? Use by banks: Incoterms are used in most of the credits. Incoterms enable the banks to check: The documents called in for credit are consistent with the term used. […]