Categories: Incoterms 2010
The term Ex Works, also known with the acronym EXW and which must be completed with the specific indication of a place, binds the seller into preparing the goods in his premises (factory, warehouse, etc.) on the date agreed, only arranging the supply of the appropriate documentation for the export from the country of origin.The buyer, on his part, must arrange the export customs operation (in case he is not able to do it, the delivery must be modified to FCA), he will organise the transport and will pay all the expenses, bearing also all risks until the final destination.
