Watch: CPT Incoterms Explained
CPT means Carriage Paid To. The seller clears the goods for export, delivers them to the first carrier and pays for transportation to the named destination. Risk passes to the buyer when the goods are delivered to that carrier, even though the seller continues paying for carriage.
What the Video Covers
This 30-second guide explains the two locations that matter under CPT: the delivery point where risk transfers to the buyer and the destination to which the seller pays for carriage.
The buyer handles import clearance and applicable duties and taxes. CPT does not require the seller to obtain cargo insurance, so the buyer should consider coverage from the delivery point.
CPT can be used with any transport mode, including multimodal shipments. Specify both the origin delivery point and the named destination in the sales contract.
Learn More About CPT
Read the complete CPT Incoterm guide for detailed seller and buyer responsibilities. You can also explore all Incoterms® to compare CPT with CIP and other rules.
Incoterms® is a registered trademark of the International Chamber of Commerce.
