IncotermsCode

Is a contractual code used to describe the point where delivery occurs (goods ownership is transferred) in a contract of sale.  It identifies the rights and obligations of each partner  (supplier, carrier and customer) in the transaction and may specify the requirements to assume ownership (i.e. paying for the cost of the goods and/or transportation).

The United Nations Trade Facilitation Information Exchange (UN/TraFIX) has established the following codes (INCOTERMS 1990) for use in international trade to Europe, Asia and the Pacific.  (See http://www.unece.org/trade/rec/rec05en.htm).  These terms may also be found in the United States Uniform Commercial Code (UCC).

EXAMPLES 	
EXW - Ex Works ... (named place) 
FCA - Free Carrier ... (named place)
FAS - Free Along Ship ... (named port of shipment)
FOB - Free On Board ... (named port of shipment)
CFR - Cost and Freight ... (named port of destination)
CIF - Cost, Insurance and Freight ... (named port of destination)
CPT - Carriage Paid To ... (named place of destination)
CIP - Carriage and Insurance Paid to ... (named place of destination)
DAF - Delivered At Frontier ... (named place)
DES - Delivered Ex Ship ... (named port of destination)
DEQ - Delivered Ex Quay (Duty Paid) ... (named port of destination)
DDU - Delivered Duty Unpaid ... (named place of destination)
DDP - Delivered Duty Paid ... (named place of destination)

See http://www.openapplications.org/platform/1.

Element information

Namespace: http://www.openapplications.org/oagis/9

Schema document: org_openapplications_platform/1_1_1/Common/OAGi/Components/Fields.xsd

Type: IncotermsCodeType

Properties: Global, Qualified

Content

Based on oacl:IncotermsCodeContentType

from type oacl:IncotermsCodeContentType

Union of

Attributes

Name	Occ	Type	Description	Notes
listID	[0..1]	NormalizedStringType	The identification of a list of codes.	from group CodeListAttributeGroup
listAgencyID	[0..1]	NormalizedStringType	An agency that maintains one or more lists of codes.	from group CodeListAttributeGroup
listAgencyName	[0..1]	StringType	The name of the agency that maintains the list of codes.	from group CodeListAttributeGroup
listName	[0..1]	StringType	The name of a list of codes.	from group CodeListAttributeGroup
listVersionID	[0..1]	NormalizedStringType	The version of the list of codes.	from group CodeListAttributeGroup
name	[0..1]	StringType	The textual equivalent of the code content component.	from group CodeListAttributeGroup
languageID	[0..1]	LanguageCodeContentType	The identifier of the language used in the code name.	from group CodeListAttributeGroup
listURI	[0..1]	xsd:anyURI	The Uniform Resource Identifier that identifies where the code list is located.	from group CodeListAttributeGroup
listSchemeURI	[0..1]	xsd:anyURI	The Uniform Resource Identifier that identifies where the code list scheme is located.	from group CodeListAttributeGroup

Used in

Type TransportationTermType (Element TransportationTerm)

Sample instance

<IncotermsCode>normalizedString</IncotermsCode>