As shipping is the main mode of transportation for goods export, and most of them are traded on the basis of FOB, according to Incoterms 2000, under the condition of FOB price, when the goods cross the ship's rail at the designated port of shipment, the seller completes the delivery. This means that from then on, the buyer must bear all risks of loss or damage to the goods.
According to the provisions of the above version, the buyer must conclude a contract to transport the goods from the designated port of shipment at his own expense, and the seller must deliver the goods to the ship designated by the buyer at the designated port of shipment within the agreed date or time limit and in accordance with the customary way of the port. The risks before the goods cross the ship's rail shall be borne by the seller, and the risks and expenses after crossing the ship's rail shall be borne by the buyer.
Extended data:
counter-measure
1, China's foreign trade enterprises should ship the goods in strict accordance with the provisions of the export contract and make proper documents to prevent the buyer from making excuses to refuse to pay for the goods.
2. It is best for foreign collecting banks not to be designated by importers. If necessary, they should obtain the consent of the collecting bank in advance.
Countries with strict trade control and foreign exchange control should be especially cautious when using D/P method.
Be careful when using D/P after sight. Because D/P is divided into D/P at sight and D/P at future. Article 7 of URC522 specifically states: "Collection shall not include a time draft against payment." Its intention is to prevent exporters from using D/P in the future. Because some countries regard D/P at a later date as D/A.. If the exporter insists on using D/P at a later date, the consequences will be at his own risk.
Baidu encyclopedia-FOB