INCOTERMS Explained Simply | Freight Prepaid vs Freight Collect | Real Example

WIldGroup International LLC on Instagram: "Incoterms (International Commercial Terms) define responsibilities between buyer and seller in international trade: who pays freight, who bears risk, who arranges insurance, and where liability ends. Where companies go wrong Many organisations choose Incoterms: • Out of habit • Based on supplier suggestion • Without simulating real financial impact This often leads to: • Hidden freight and insurance costs • Duplicate port charges • Uninsured risks • Sil