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Incoterms® Rules

Learn how to best use the Incoterms® Rules directly from the organisation that created them, the ICC. Our comprehensive range of resources include in-comparison guides showing you when to use different rules, Q&As with ICC experts and our benchmark Incoterms® 2020 certification which is available in four languages.

What are Incoterms® rules?

First published by ICC in 1936, Incoterms® rules are a set of eleven three-letter trade terms, reflecting business-to-business practice in contracts for the sale and purchase of goods.

Incoterms® rules are a set of standards used in international and domestic contracts for the delivery of goods. They are recognised by UNCITRAL as the global standard for the interpretation of the most common terms in foreign trade helping to avoid costly misunderstandings by clarifying the tasks, costs and risks involved in the delivery of goods from sellers to buyers.

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Free Incoterms® rules resources

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19 November 2024

Incoterms® 2020: FCA or FOB?

In this article, Miguel Angel Bustamante Morales discusses the key differences between the Inco...
7 October 2024

Incoterms® 2020: CIP or CIF?

In this article, Miguel Angel Bustamante Morales discusses the key differences between the Inco...
27 September 2024

‘The storm is normal’: Insights into a career in logistics and supply chain management

In this alumni interview, we speak with Praveenkumar Miriyala, Procurement and Logistics Coordi...

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Incoterms® certifications

Certification

Incoterms® 2020 Certificate

Get certified on the Incoterms® 2020 Rules directly from the organisation that created them, the ICC.

US$399
Companies that use ICC Academy’s Incoterms® certifications and courses

Hear from our alumni

18 December 2024

‘Innovation is in our DNA’: A career in transaction banking and trade finance

In this alumni interview, we speak with Faisal Abdul Karim, Director at Standard Chartered Bank, to ...
27 September 2024

‘The storm is normal’: Insights into a career in logistics and supply chain management

In this alumni interview, we speak with Praveenkumar Miriyala, Procurement and Logistics Coordi...
10 February 2023

A career in commodity trade logistics: Insights from Raphaelle Hemmerlin, Sucafina.

In the latest of our interviews with senior trade professionals, we spoke to Raphaelle Hemmerli...

What our students say

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 enrolled in the CTFP because this certification is authored by leading trade finance experts from the ICC’s Banking Commission, making it one of the most credible programmes available in the market. Each course is structured to ensure the essentials of global trade finance have been sufficiently covered."

SEB

"I see the CTFP as a perfect way for any trade finance person to (a) be part of a global community and (b) have a certification that highlights your expertise and automatically puts you at a certain level that is respected in the industry."

Royal Bank of Canada

The course gives you a little advantage with customers to have this level of knowledge and training. I can advise clients correctly and the ICC certificate shows I am up to date.

Logistics Project Director, 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

Frequently asked questions

Who should take the Incoterms® 2020 Certificate?

The Incoterms® 2020 Certificate provides a comprehensive working knowledge of ICC’s globally recognised commercial trade terms, which offer specific guidance for those participating in the import and export of global trade.

This includes several groups of job functions across industries. Corporate professionals such as accountants, auditors, marketing managers, and exporters and importers in SMEs are one group. Trade and logistics providers including custom brokers, freight forwarders, transportation carriers and trade consultants are another. Lastly, banking professionals with functions in compliance, risk management, and trade operations.

Is there a pre-requisite for enrolling in the Incoterms® 2020 Certificate?

There is no pre-requisite for the Incoterms® 2020 Certificate but learners should be able to read and write in English. We also offer the programme in French, Spanish, and Chinese.

How are the courses delivered, and what is the format?

All our certifications and courses can be completed 100% online, meaning you can access them wherever you are in the world, 24 hours a day. Our alumni come from more than 130 countries.

Is the Incoterms® 2020 Certificate globally recognised?

All of our certifications and courses, including the Incoterms® 2020 Certificate, are internationally accredited. This certification is accredited by Bankers Association for Trade and Finance (BAFT), The London Institute of Banking & Finance (LIBF), NCBFAA Educational Institute (NEI), and the Global Trade Professionals Alliance (GTPA). The Incoterms® 2020 Certificate is also the only official online qualification approved by the ICC, so you’ll be getting an authentic understanding of the rules.

What types of resources are available besides certifications and courses?

Apart from Incoterms® 2020 Certificate, we also provide comprehensive guides around the rules authored by our network of ICC experts. These guides and case studies provide in-depth insights and real-world examples to help you navigate applying the Incoterms® rules in your day-to-day work with confidence.

We also regularly publish interviews with our alumni, who share their experiences with the Incoterms® 2020 Certificate programme as well as how they interact with the Rules on a daily basis.

Further your Incoterms® knowledge with ICC certifications.