Carriage Paid To (CPT)

Definition: Carriage Paid To (indicating an agreed place)

Type of Transport: any type of transport.

Obligations of the Seller:

• Contract and pay the transport up to the agreed place.
• Make the export formalities for the goods.

Obligations of the Buyer:

• Bear the risks inherent to the goods since the moment the Seller deliver the goods to the initial carrier, as well as any additional expense during the transit (load, offload, damages in transit, etc.).