What Documents Should Be Required Under Ex Works

TradeLaporte · Post by **TradeLaporte** » Sat Feb 22, 2014 10:31 pm

Hi members, what documents and exporter should required under a LC terms of sale Exworks ? Will the shipment from and to still be stated? Thanks a prompt reply

picant · Post by **picant** » Sun Feb 23, 2014 1:09 am

Hi Pal,

from technical point of view a forwarders certificate, indicating the irrevocable despatch of the goods to consignee, will suffice. But banks in l/c still require bill of lading. !
Other comments appreciated
Ciao

Armagedo · Post by **Armagedo** » Sun Feb 23, 2014 3:44 pm

Hi!
Even technically there is no place the "forwarder" to appear at suppliers "works"

EXW being the minor term in respect of seller's obligations puts the only responsibility onto latter shoulders - to confirm readiness of the goods to be further picked-up by (delivered to) the Buyer.
So, technically I would look to simple Seller's (beneficiary) certificate of goods readiness.

But, of course, this will hardly work with banks

From other side, even FCR (not mentioning any kind of "transport" document) is out of Seller's obligations and risks.

Finance · Post by **Finance** » Mon Feb 24, 2014 1:22 pm

Hi,

It would help to know your position in the transaction. Are you the beneficiary of the LC or the applicant?

Finance

abelhoci · Post by **abelhoci** » Mon Feb 24, 2014 6:07 pm

Although your question is not crystal clear, i could say that the main documnts a supplier is liable to furnish the buyer under ExWorks sale term are: Packing list/commercial invoice.
There is no transport documnts as it s the buyer or his nomintaed forwader who picks up goods at the buyer`s premises.
However, this is always open to discussion. There is no one single answer for this question

TITI · Post by **TITI** » Tue Feb 25, 2014 4:20 pm

Dear all,
I think although LC mention EXW, as a bank we still need a proof that the goods is ready to pick up by the buyer.
As per my experience, we required a delivery order to proof it.
.
Thank you

export · Post by **export** » Wed Jun 04, 2014 4:38 pm

We will provide the only Invoice & Packing List to Consignee nominated forwarder & they will provide us the TRANSPORT DOCUMENTS ( Airwazy BIll) after Custom Clearance & after that all documents will be forward from Bank to Bank.

Further comment will be appreciated.

What Documents Should Be Required Under Ex Works

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