Incoterms 2010
Incoterms 2010
Roland Satchell VP CDCS
Strictly Private and Confidential
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Meet the presenters:
Charnell Williams, North America Import Product Manager Charnell is a Director in Citi‘s Global Transaction Services where she is a Product Manager for Import Products and Services. In the International Banking community Charnell is recognized as a Trade Expert with over 34 years of experience. She is on the BAFT-IFSA Board of Directors, the ICC Drafting Committee for ISBP, and serves as an Advisory Member of the Institute of International Banking Law & Practice, Inc.
Roland Satchell, Global Trade Advisor for Citi. Roland is Vice President and Global Trade Advisor at Citi. Roland has over 20 years of experience in the financial industry. Over the past 14 years he has been working in Global Trade Operations serving in a number of operational managerial positions. Currently he is the North American Trade Advisory Head and also the Global Trade Advisory Coordinator leading Citi‘s Trade Advisory Global Team of Trade experts.
Contact Roland – – roland.d.satchell@citi.com +1 (813) 604-7183
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These materials are provided for educational and illustrative purposes only and not as a solicitation by Citi for any particular product or service. Furthermore, although the information contained herein is believed to be reliable, the following does not constitute legal advice and Citi makes no representation or warranty as to the accuracy or completeness of any information contained herein or otherwise provided by it.
3
Incoterms
What are they? What do they mean?
Why do they exist?
Main changes of Incoterms 2000 to 2010
Who uses them?
Incoterms 2010 – Format and Usage
4
What Are They?
―Incoterms‖: is an abbreviation of ―International Commercial Terms‖ Published by the International Chamber of Commerce, Paris
Latest version (effective Jan 01, 2011): ―Incoterms 2010‖
5
What Do They Mean?
Roland Satchell VP CDCS
Strictly Private and Confidential
1
Meet the presenters:
Charnell Williams, North America Import Product Manager Charnell is a Director in Citi‘s Global Transaction Services where she is a Product Manager for Import Products and Services. In the International Banking community Charnell is recognized as a Trade Expert with over 34 years of experience. She is on the BAFT-IFSA Board of Directors, the ICC Drafting Committee for ISBP, and serves as an Advisory Member of the Institute of International Banking Law & Practice, Inc.
Roland Satchell, Global Trade Advisor for Citi. Roland is Vice President and Global Trade Advisor at Citi. Roland has over 20 years of experience in the financial industry. Over the past 14 years he has been working in Global Trade Operations serving in a number of operational managerial positions. Currently he is the North American Trade Advisory Head and also the Global Trade Advisory Coordinator leading Citi‘s Trade Advisory Global Team of Trade experts.
Contact Roland – – roland.d.satchell@citi.com +1 (813) 604-7183
2
These materials are provided for educational and illustrative purposes only and not as a solicitation by Citi for any particular product or service. Furthermore, although the information contained herein is believed to be reliable, the following does not constitute legal advice and Citi makes no representation or warranty as to the accuracy or completeness of any information contained herein or otherwise provided by it.
3
Incoterms
What are they? What do they mean?
Why do they exist?
Main changes of Incoterms 2000 to 2010
Who uses them?
Incoterms 2010 – Format and Usage
4
What Are They?
―Incoterms‖: is an abbreviation of ―International Commercial Terms‖ Published by the International Chamber of Commerce, Paris
Latest version (effective Jan 01, 2011): ―Incoterms 2010‖
5
What Do They Mean?