Incoterms® 2020 Rules & Responsibilities Training

Understand the Rules. Reduce Risk in International Trade.

This virtual workshop will focus on one of the most commonly misunderstood areas of international trade – the correct use of Incoterms®.

Selecting the wrong Incoterms® rule can result in businesses taking on unnecessary risk, unexpected freight costs, additional customs responsibilities and increased liability. This session provides practical guidance on how to apply Incoterms® 2020 correctly across contracts, commercial invoices, logistics planning and customs processes.

The workshop will help you clearly understand responsibilities between buyer and seller, ensuring your business avoids costly mistakes and potential disputes.

This virtual workshop will cover:

• • • The purpose and structure of Incoterms® 2020
    • When risk transfers between buyer and seller
    • Who is responsible for freight, insurance and customs clearance
    • Key differences between rules such as EXW, FCA, FOB, CIF, DAP and DDP
    • The relationship between Incoterms® and export documentation
    • Common mistakes that lead to hidden costs and disputes
    • How to correctly apply Incoterms® in contracts and commercial invoices

Included with the overview:

• • • A downloadable copy of the course slides
    • Comprehensive guidance notes to support continued learning and contract accuracy

This workshop is ideal for export managers, import managers, supply chain and logistics teams, finance teams responsible for international sales, and businesses new to exporting looking to improve accuracy and reduce risk in their trade operations.

British Chambers of Commerce Accredited Course: The British Chambers of Commerce has a range of nationally accredited international trade courses that give essential skills which are invaluable to small and large businesses alike. At the end of these courses there will be a short assessment paper to complete which results in a BCC Certificate with a Pass or Merit achievement worth 1 credit. Achieve 6 credits to receive the BCC Foundation Award in International Trade.

Check our Events Calendar for upcoming course dates, or contact us if your preferred course isn’t listed or if you would like tailored training designed for your business.