EXPLAINED INCOTERMS CARRIAGE AND INSURANCE PAID TO (CIP) FOR IMPORT EXPORT BUSINESS
Murat OZTURKER
0:00 / 0:00
EXPLAINED INCOTERMS CARRIAGE AND INSURANCE PAID TO (CIP) FOR IMPORT EXPORT BUSINESS
1 202 просмотра · 5 лет назад
Murat OZTURKER
41,7 тыс. подписчиков
1 202 просмотра · 5 лет назад
Today, I’d like to talk to you about Carriage And Insurance Paid To. INCOTERMS has eleven kinds of trade rules, and “Carriage Insurance Paid To” means that the seller delivers the goods to a carrier or another person nominated by the seller at an agreed place. Have a look at the video, and find out! 😉
If any such place is agreed between parties and that the seller must contract for and pay the costs of carriage necessary to bring the goods to the named place of destination.
My video is divided into six sections.
To begin with the definition of Incoterm Carriage and Insurance Paid To. Following that, I will give you an explanation of the CIP term. Next, I am going to talk about What are the buyer’s and seller’s responsibilities with the Carriage and Insurance Paid To agreement. Then I will give you CIP Tips and Tricks. And finally, I will give my advice.
By the end of the video, you will know Carriage Insurance Paid too well and understand how CIP works.
This video is the second part of the Incoterms 2020 series, I will share the Incoterms rules one by one in other videos of this series. You can watch the first video here: https://www.youtube.com/watch?v=RALHH...
The buyer and seller must agree to Incoterms and display them correctly on sales contracts and documentation.
Please subscribe to catch the rest! Subscribe to my channel: https://bit.ly/3j1Xw2k
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0:00 – Introduction - What is CIP?
01:58 – A Definition Of Carriage And Insurance Paid To
02:32 – An Explanation Of The CIP Term
03:32 – The Seller’s Responsibilities Under A CIP Agreement
05:42 – The Seller’s Responsibilities In A CIP Transactions
06:43 – CIP Tips And Tricks
08:18 – Advice For Carriage Paid To Agreement
09:58 – Outro
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