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Incoterms 2020: Import/Export Transaction Fundamentals

C1 – Import-Export Transaction Fundamentals; Using Incoterms 2020 Online Training

JUST UPDATED! This class includes the very latest Incoterms 2020 information!

$320

Study Time (Hrs)

18.5

CE Credits (CCS & CES)

20

Enroll

NOTE: You will be prompted to Register if you have not already done so. If you already have a login, please click “Proceed to Enrollment” on the next screen.

  • update your skills fast
  • Learn at your own pace
  • more cost effective
    than in-person training
  • Instant Certificate of Completion
  • CE credit qualified

This Incoterms 2020 import/export class addresses the basic steps required to conclude and fulfill transactions. The role Incoterms play in defining the responsibilities of the seller and buyer for respective shipping arrangements is addressed in detail, including; division of costs, the point when the risk of cargo loss and damage is passed from seller to buyer, and vice versa. This course also addresses the role of the freight forwarder in properly arranging shipments based on the trade terms.

 

Once you finish this course, a printable Certificate of Completion will be available for download. The course can be completed in 18.5 hours or less and earns NCBFAA-registered students 20 CCS/CES continuing education credits.

  • Benefits and Basic Elements of Exporting
  • Anatomy of Commercial Export-Import Transactions
  • Transaction Time Schedules vs. Risks
  • Additional Export/Import Transaction Negotiation Concerns
  • Trade Facilitation through Standards; Intro to Incoterms 2020
  • Summary of Incoterms 2020
  • Seller and Buyer Responsibilities Under All Incoterms; Notices & Passage of Risk
  • Passage of Risk if Buyer Fails to Take Delivery; Arranging Transport Notices
  • Required Trade Term Citations
  • EXW—Additional Requirements and Concerns
  • General “F” Terms; FCA Delivery Concerns
  • FAS and FOB Issues & Concerns
  • “C” Terms Issues & Concerns
  • “D” Terms Issues and Concerns
  • Division of Incoterms Responsibilities and Costs (Matrices)
  • Using Trade Terms in Negotiating Sales Contracts
  • Which Incoterm to Offer — Interpretation and Special Situations
  • Export Quotation Problems Involving Use of Trade Terms
  • Responsibility for Cargo Insurance; Typical Incoterms Interpretation Issues
  • Click here to view a detailed class syllabus
C20u US Import/Export Basics
C21u Intro to US Importing: Release & Entry Process
C22u Intro to US Importing: Customs “Entry”, Related Requirements & Enforcement
C23u Intro to PGAs (Partner Government Agencies) with U.S. Import Requirements
C1.1 Incoterms 2020: Overview (click here for Spanish)
C1 Incoterms 2020: Export-Import Transaction Fundamentals
C1.2 Incoterms 2020: Freight Forwarders & Customs Brokers
C1.3 Incoterms 2020: Practical Concerns & Forwarder Issues at Time of Shipment
C2 Import-Export Terms, Collections, & Letters of Credit
C3 Import & Transit Requirements for Destination Countries – International Exporters
C3u Import & Transit Requirements for Destination Countries – US Exporters
C4 ATA Carnets Intro – International Exporters
C4u ATA Carnets Intro – US Exporters
C5 HTS: Harmonized Tariff Schedule Classification
C6.1u HTSUS Classification: Introduction
C7u HTSUS Classification: Multiple Assessments & Certification
C8u HTSUS Classification: Post Evaluation & Practice
C10 Math Fundamentals for International Trade & Shipping
C11 Math Fundamentals for Customs Brokers
C13u Forced Labor Prevention and Social Compliance Overview
C14u Food and Drug Administration Regulated Imports
C16u FTZs: An Introduction to US Foreign Trade Zones
C17u US Customs Reconciliation
C18u Country of Origin Marking Requirements
C43u An Introduction to USMCA
C208u Antidumping & Countervailing Duty
C9801u HTSUS9801 – Documenting & Classifying Goods Returned to the US

For those who are already a Certified Customs Specialist (CCS) or a Certified Export Specialist (CES) registered with the NCBFAA, provide us with your CCS/CES ID number and you will automatically get continuing education credits upon the successful completion of a qualified course. To get your CE credits, follow these easy steps:

 

  1. Register for DB Schenker online training (if you haven’t already done so)
  2. Login with your user name and password, and you will be directed to your “My Page” section.
  3. Select “Update user record” on the right, enter your CCS or CES number in the “NCBFAA ID” field, and click Submit Update.

That’s it! Once you’re signed up, we’ll automatically send any CE credits you earn directly to the NCBFAA!

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