An Incoterms® 2020 certification from the International Chamber of Commerce (ICC) – the organisation that creates the rules – gives you and your team an unrivalled level of credibility. Learn straight from the source.
US$399
Incoterms® 2020 Certificate
Get certified on the Incoterms® 2020 Rules directly from the organisation that created them, the ICC.
900+ graduates
Earn the gold-standard Incoterms® 2020 certification
An Incoterms® credential from the International Chamber of Commerce (ICC) – the organisation that creates the rules – makes it easy for you to quickly confirm your expertise and win your clients’ trust. This is the only online qualification on the Incoterms® 2020 approved by the ICC.
The 4-hour curriculum has been developed by Professor Charles Debattista, Special Adviser to the ICC Incoterms® 2020 Drafting Group, and will ensure you have an authentic, up-to-date and compliant understanding of the latest Rules. Bring your knowledge up to the globally recognised gold standard.
How it works
1
Register for the Incoterms® 2020 Certificate
2
Get 12 months access to all 7 lessons
3
Complete all 7 lessons
4
Schedule and pass the final exam
5
Download and share your ICC certificate of achievement
US$399
12 months’ access
4-5 hours of interactive learning
60-minute online exam
Downloadable ICC certificate
100% online
Certificate curriculum
The internationally accredited Incoterms® 2020 Certificate curriculum was developed by Charles Debattista special advisor to the official ICC Incoterms® 2020 Drafting Group.
Lessons
You must complete all 7 lessons to take the final exam
1: Overview of Incoterms® Rules
By the end of this lesson you will:
- Know the specific changes included in the 2020 edition and clearly understand the differences to the 2010 edition. All the major changes are clearly explained, one by one
- Understand the duties owed by sellers and buyers, including the risks/costs involved and how these are split between ‘A’ and ‘B’ articles
- Know how to properly add an Incoterms® rule to a sales contract
2: Definition of the Incoterms® 2020 Rules
By the end of this lesson you will be able to:
- Identify the fundamental commercial purposes of each rule
- Distinguish the basic buyer/seller obligations for each rule
- Select which rule would be best for a particular transaction
- Assess the risks involved when using the wrong rule for your transaction
3 & 4: Obligations Part 1 and 2
By the end of lessons 3 and 4, you will:
- Have a thorough understanding of the structure of the new Incoterms® 2020 rules for all 10 articles. This includes the A2/B2 article that deals with the most critical obligation within the Incoterms® 2020 rules, the point at which the seller “delivers” the goods to the buyer
- Be able to classify the rules based on how each deal with aspects of a transaction.
- Be able to identify, almost intuitively, which Incoterms® rule will achieve your specific objectives.
These lessons will be the most challenging but also the most rewarding, as it will require you to think laterally across the eleven Incoterms® Rules, thus establishing a firm grasp of the practical differences between them.
5: Comparison Matrix Tool
Even with a greater understanding of the Incoterms® rules, there will be times when you want to clarify which rule is best for your transaction. Our digital comparison matrix tool is designed to help you do just that.
It helps you easily compare the obligations for different rules side-by-side and quickly see which one best fits your needs. This is designed as a shortcut and a safeguard when you don’t want to have to trawl back through all your notes.
6: Case Studies
In this section, we examine three case studies that outline different international trade scenarios and relationships between the buyer (importer) and seller (exporter). You will then be asked to answer related questions that are designed to test your understanding of the rules (based on what you have learned in the other lessons) from a more practical perspective.
7: Pre-Exam Assessment
In this lesson we will help you prepare for the final exam with some more assessment questions that recap what you have learned in the previous six lessons. Once you have scored 80% or above on all the course practice assessment questions you will be able to move on to the next stage, the final exam.
Examination FAQ
To pass the Incoterms® 2020 Certificate and earn your ICC certificate you will need to complete a final 1-hour, online exam
How does the exam work?
The final exam can be taken at any time after you have completed all 7 lessons in the curriculum. It lasts for 60 minutes and is live proctored via the internet. This means there is someone monitoring your environment via webcam to ensure there is no outside interference and maintain the integrity of the certification. The exam consists of multiple-choice questions.
What happens if I fail the exam?
Your purchase includes 1 attempt at the final exam. The passing mark is 70%. If you score lower than that you will need to purchase a retake for US$60 while you are still within your 12-month access period.
Can I train or teach other people with this certification?
Passing the ICC Academy Incoterms® 2020 Certificate does not qualify you as an ICC registered trainer.
For those who pass the ICC Academy Incoterms 2020® certificate, we encourage you to use the title “ICC Incoterms® 2020 practitioner”.
If you would like to become an ICC certified trainer you will need to be nominated by your local ICC National Committee and complete a special trainer’s exam.
You can find all the details here.
Why take the Incoterms® 2020 Certificate?
Advise others on the Incoterms® 2020 with confidence and clarity
Ensure your knowledge of the Incoterms® rules is up to date and compliant so you can accurately advise clients and colleagues. Become your company’s go-to Incoterms® expert and confidently negotiate delivery terms in sales contracts.
Develop deep, practical expertise
Go beyond textbook definitions and truly master the Incoterms® rules using the case studies, explainer videos, assessment questions and comparison matrix tool provided in this course.
Trusted by alumni in more than 100 countries
Join Incoterms® 2020 Certificate alumni from more than 100 countries around the world, on every continent. Our alumni database will show you other graduates in your region who you can connect with via LinkedIn.
Earn an ICC qualification without leaving home
The Incoterms® 2020 Certificate is 100% online, including the exam so you can fit learning in around a busy schedule. No classroom sessions to attend. No travel required. Study anytime, anywhere.
Getting training directly from the 'horse's mouth' is more valuable to me - and other people looking to work with me - than having my knowledge certified by a third party who has not created the Incoterms® rules.
Procurement and Logistics Coordinator, Bambaw
I really wanted something to say ‘Hey I really know the Incoterms rules and let me prove it to you. Look I got this certification’. Essentially I wanted the ICC brand and reputation to back up my credentials.
Associate Director, Wayfair
Who is the Incoterms® 2020 Certificate for?
The Incoterms® 2020 Certificate is for logistics, supply chain, trade and banking professionals, as well as those working in legal and regulatory affairs. More specifically it is for:
- Export and import managers
- Sales, purchasing and procurement managers
- Trade compliance and legal professionals
- Customs brokers
- Logistics providers, freight forwarders
- Trade finance and operations teams
Incoterms® 2020 Certificate for teams
More than 270 organisations in over 70 countries have enrolled their teams in ICC’s Incoterms® 2020 Certificate programme, including major shipping and logistics providers, international banks, mining groups and large manufactures. Contact us now to discuss your needs and get a custom quote
Latest Incoterms® 2020 Certificate alumni
See all alumni
RAJKUMAR NALLATHAMBI
Saudi Arabia
Export/Import Certificate (EIC)
2024-12-11
Incoterms® 2020
2023-11-12
SALES MANAGER
Management / Executive
Management / Executive
Get started now
Choose from Certificate only or our Bundle option which also includes the Incoterms® 2020 eBook.
Feedback from our alumni
My colleagues often ask me: ‘Is this the right Incoterms® rule to use?’. The Incoterms® 2020 Certificate ensured that I could provide the correct information and I felt comfortable explaining it to them in simple terms.
MEA Trade Compliance Manager, Cummins Africa Middle East
I feel like the champion of the rules within my organisation and the go-to person when it comes to Incoterms® 2020. It feels good to be able to provide a level of authority and advice that others can’t.
Senior Product Operations Manager, Export Development Canada
Anyone in international logistics should master the Incoterms® rules and this certificate is a must. I got congratulated by the Head of Customs and Transport.
Amin A. Ahmed
Customs/Transport Officer, Saudi Arabia
FAQs
What happens if I fail the exam?
Your purchase of the Incoterms® 2020 Certificate allows one attempt at the exam. If required, a retake can be purchased for USD $60 if you are still within your 12-month access period. Please email our Helpdesk at helpdesk@iccacademy.com.sg
How does the exam work?
All our courses and the final exam are taken online. This means they are accessible at any time, from anywhere in the world. You can find more details about how our exams work here.
Are there any prerequisites for taking this course?
All candidates need to be able to read and write in English.
How long do I have access to the lessons for?
Your purchase includes 12 months access to all 7 lessons. You can access the lessons as many times as you like within the 12-month access period. Once you have completed all 7 lessons, you will get access to the final exam.
Can I request a refund for my purchase?
Due to the immediate availability of our course content upon registration, ICC Academy has a strict no-refund policy for our courses and certifications. For more details, please refer to our Terms and Conditions.
How long will it take to complete the Incoterms® 2020 Certificate?
It will take approximately 4-5 hours to complete all 7 lessons depending on your level of experience.
Who is the Incoterms® 2020 Certificate accredited by?
The Incoterms® 2020 Certificate is accredited by the London Institute of Banking and Finance (LIBF), The Bankers Association for Finance and Trade (BAFT), the Global Trade Professionals Alliance (GTPA) and the National Customs Brokers & Forwarders Association of America, Inc’s (NCBFAA).
What's included with my purchase of the Incoterms® 2020 Certificate?
- One-year access to the e-learning course – four hours of learning over seven lessons – delivered exclusively online
- Interactive learning – 10 sample documents and 30+ assessment questions to help you grasp key concepts easily and review the course material
- New and unique comparison matrix tool that allows you to quickly compare different Incoterms® and understand which one best fits your needs
- One attempt at timed one-hour online exam – if you pass (70%) you will receive an ICC Academy, industry-recognised certificate signed by our secretary general!
- Dedicated, full-time IT support
Is the exam online?
Yes, all our courses and the final exam are taken online. This means they are accessible at any time, from anywhere in the world. Learn when and where you want. You can find more details about how our exams work here.
Who is the Incoterms® 2020 Certificate for?
The Incoterms® 2020 Certificate (INCO) is targeted at corporate professionals involved in trade and international business transactions, trade and logistics professionals and those working in legal and regulatory affairs. More specifically it is for the following departments and business functions:
- Corporate: Exporters and importers (in SMEs and big corporates), business development and marketing managers, sales or purchasing managers, accountants and audit teams
- Trade/logistics: Logistics providers, freight forwarders, custom brokers, general transportation carriers, insurance managers, commercial lawyers/arbitrators, and trade consultants
- Legal/regulation: Finance and procurement managers, compliance and risk managers, front-office relationship managers, and back-office trade finance and trade operations teams
