Delivery or shipment that is “charges collect” or “freight collect” is a type of delivery or shipment for which transportation and other charges are paid by the importer. This means that the exporter is responsible for delivering the goods to a designated carrier, such as a shipping line or a trucking company, and the importer is responsible for paying the transportation and other charges associated with the delivery or shipment of the goods. This type of delivery or shipment is also called “charges forward” as the charges are forwarded to the importer. It's important to note that the specific terms of the payment condition will vary depending on the contract between the exporter and importer, and it's essential to review and understand the agreement before entering into any trade.
e.g.
Code | Charge | Price | Rates charged per | Shipping phase | Payment |
---|---|---|---|---|---|
THC | Terminal Handling Costs | €200,- | equipment | Port of Discharge | consignee |