Payment and delivery methods in international trade: Sample of Karınca logistics

The concept of International Trade in the globalising world, is of a tremendous importance for the countries in terms of economy. International Trade, also known as foreogn trade, means purchase and sales of goods and pruducts between the countries. In order to realise these purchase and sales activities between the countries in an easier and safer way, some precautions must be taken beforehand. The foremost of these precautions is designation of the payment and delivery methods which are among the delicately important issues. Both sides should prefer the safest and the most convenient ways of delivery and payment. So that the international trade will be realised in safety and in a healthier way. The implementation of INCOTERMS, which sets some rules for the purchase and sales activities in order to protect the rights and commitments of the importers and exporters in international trade, to eliminate the disagreements, disunities and legal disputes and preventing loss of time and money as well; was put into force in 1936 by the International Chamber of Commerce (ICC) located in Paris. INCOTERMS, which is related to how the delivery conditions should be between two sides in international trade, consists of 13 delivery methods. 6 of these delivery methods are used in the maritime transport operations and are namely FAS, FOB, CFR, CIF, DES and DEQ. 7 of them is used in intermodal transport operations which are namely EXW, FCA, CPT, CIP, DAF, DDU and DDP. In this study, the delivery and payment methods in international trade, the implementation of INCOTERMS along with the advantages and disadvantages of it are intended to be explained in the light of the above mentioned information. Key Words: Foreign Trade, Payment Methods in Foreign Trade, Delivery Methods in Foreign Trade, The Implementation of INCOTERMS, Karınca Logistics