CPT (Carriage Paid To)
CPT is an Incoterms® rule advised for transport of goods in containers. The seller pays for the transport to the agreed location mentioned after the Incoterms® rule. For example, a port or airport in the destination country. The transfer of costs and risk takes place at different times.
The agreed location may vary for CPT. In this example, it is immediately after arrival in the destination country. Would you like to agree on a location further away in the destination country? Then take a look at the other version of CPT.
Seller arranges and pays for:
- Transport to the agreed destination. For example, land border, seaport, inland port, or airport in the destination country.
- Export formalities and documents.
Buyer arranges and pays for:
- Transport from the agreed destination to final destination.
- Unloading at the agreed location.
- Import formalities and local import documents.
Suitable for:
- Trade within and outside the EU.
- All forms of transport (rail, air, road, water).
Not or less suitable for:
- -
Transfer of risk from seller to buyer:
- Once the seller hands over the goods to the (first) carrier at its premises, or at another agreed loading point, as in the Incoterms® rule FCA-A. The buyer carries the risk of damage or loss for the entire transport.
Points of attention:
- The transfer of costs (agreed destination location) and risk (for example, after loading the vehicle at seller's location) takes place at different times.
- Agree upon the exact place at the agreed destination location.