What is Exw ?
Post 1 of 22
According to the textbook , exw is ex works ,but how to handle the exw transaction in reality ?
I just place the goods in the warehouse and call my buyer to take it ?
How to handle the fees ?
I just place the goods in the warehouse and call my buyer to take it ?
How to handle the fees ?
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23 Mar 2009 18:44
Post 2 of 22
Yes, exw is ex works, sometimes we named it in another way for Ex-fty.
If the goods are ready in the warehouse, you can call your buyers to take it after they transmit the balance to your account.
If the goods are ready in the warehouse, you can call your buyers to take it after they transmit the balance to your account.
23 Mar 2009 21:57
Post 3 of 22
In case of EXW, yes, you practically release the goods to your buyer at your site. You are not responsible for any clearance or documents costs so you cannot claim any fees other than product price. It is the duty of your buyer.
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24 Mar 2009 00:34
Post 4 of 22
yes, EXW means ex-works or ex-factory. At this term of quotation, your buyers need to go to your site to get the products themselves.
26 Mar 2009 00:30
Post 7 of 22
EXW---turn over the goods at your factory or your warehouse .you and your buyer to sign a contract, on the contract you can show the payment term. usually ,it is T/T . for example: payment :T/T with 30% deposit ,balance before take the goods from the factory (warehouse). according the contract first you can ask your customer send some deposit to your company' bank ,when finish the goods ,ask them send the balance money to your bank meanwhile inform them to come to your warehouse to take the goods. or when they come to your warehouse to check the goods all are ok,then transfer the balance money to you. becuase i don't know the specific situations both you and your buyer,so above is only one of my idea. Thanks
27 Mar 2009 02:14
Post 8 of 22
the EXW just like you go shoping ,buy the goods from the shop.
get the goods and leave the shop.
get the goods and leave the shop.
27 Mar 2009 19:27
Post 9 of 22
Quoting from [tmdtmd]:
According to the textbook , exw is ex works ,but how to handle the exw transaction in reality ?
I just place the goods in the warehouse and call my buyer to take it ?
How to handle the fees ?
your description's very interesting! thanks.
28 Mar 2009 01:02
Post 10 of 22
If exw,you asked your buyer to pick up the cargo from your warehouse after receiving all your cargo money.Since then all your responsibilities are finished.
29 Mar 2009 01:49
Post 11 of 22
Quoting from [tmdtmd]:
According to the textbook , exw is ex works ,but how to handle the exw transaction in reality ?
I just place the goods in the warehouse and call my buyer to take it ?
How to handle the fees ?
You sould do handling operation by yourself but in behalf of/ invoice to your customer. So basic. Is not it?
29 Mar 2009 22:56