EXW, Ex Works

EXW,  Ex Works (insert place of delivery) is an IncoTerm whereby the seller only responsible is for the availability of the goods at his warehouse or factory. He basically needs to open the door for the person who comes to collect the goods. He ensures that goods with minimal packaging and invoices are ready to be picked up; his responsibilities end there. The buyer has almost all responsibilities of the costs and risks relating to the packing, loading and Transportation of the goods. From the factory to the final destination. Moreover, it is his responsibility to arrange all customs procedures such as export declaration, the clearance in the country of production and clearance in the destination country. Ex Works is generally not recommended for sea- and air Freight shipping, while at road Transport this IncoTerm is very often used. Source International Chamber of Commerce (ICC).

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