CPT (Carriage Paid To)
Also called: Carriage Paid To
An Incoterms rule for any mode of transport under which the seller pays carriage to the named place of destination, but risk passes to the buyer when the goods are handed to the first carrier. The seller clears the goods for export but not for import.
In practice
Because risk passes early while the seller pays freight, the point of delivery and the destination should both be named clearly in the contract.
EU
Türkiye
UK
USARelated terms
- Incoterms
- A set of standard three-letter trade terms published by the International Chamber of Commerce that allocate delivery point, risk, costs and customs…
- CIP (Carriage and Insurance Paid To)
- An Incoterms rule for any mode of transport under which the seller pays carriage and insurance to the named place of destination, while risk passes…
- FCA (Free Carrier)
- An Incoterms rule under which the seller hands the goods, cleared for export, to the carrier or another person nominated by the buyer at an agreed…