YFTM Web Site uses the following terms;

Financial Instruments

  1. LC : Letter of Credit - ICC UCP500 guidelines.
  2. DLC : Documentary Letter of Credit - Issued and guaranteed by the bank for the full amount of the contract, each shipment paid seperately.
  3. RLC : Revolving Letter of Credit - Issued in the amount of each shipment at a time.
  4. ARLC : Automatic Revolving Letter of Credit - Automatically reinstated and guaranteed successively in the amount of each shipment for a pre-set schedule, as decided between buyer and seller.
  5. SLC : Standby Letter of Credit - Used to guarantee the execution of a contract by a buyer.
  6. LG : Letter of Guarantee.
  7. PBG : Prime Bank Guarantee, used to guarantee payment and contract execution from a prime bank.
  8. ICPO : Irrevocable Corporate Purchase Order.
  9. LOI : Letter of Intent.
  10. S.W.I.F.T. : Society for Worldwide Interbank Financial Telecommunication.
  11. KTT : Key Tested Telex - Secure way for banks to communicate to each other.


Shipping Terms
  1. EXW : Ex works.
  2. FOB : Free on Board.
  3. FCA : Free Carrier.
  4. C&F / CFR : Cost & Freight.
  5. CIF : Cost Insurance & Freight.
  6. DDU : Delivered Duty Unpaid.
  7. ASWP : Any Safe World Port.
  8. F.I./F.O. : Free in / Free out.
  9. CQD : Custom Quick Dispatch
  10. SHINC : Sundays and Holidays included.
  11. SHEX : Sundays and Holidays excepted.
  12. SSHEX : Saturdays, Sundays and Holidays excepted.
  13. UU : Unless used.
  14. EIU : Even if used.
  15. SGS : Society General de Surveillance SA - International Commodity Inspection Agency.


INCOTERMS 2000

INCOTERMS is based on ICC Publication  "INCOTERMS 2000" and entered into force on 1 January 2000.


EX WORKS
(... named place)
EXW
A L'USINE
(... lieu convenu)


FREE CARRIER
(... named place)
FCA
FRANCO TRANSPORTEUR
(... lieu convenu)


FREE ALONG SHIP
(... named port of shipment)
FAS
FRANCO LE LONG DU NAVIRE
(... port d'embarquement convenu)


FREE ON BOARD
(... named port of shipment)
FOB
FRANCO BORD
(... port d'embarquement convenu)


COST AND FREIGHT
(... named port of destination)
CFR
COUT ET FRET
(... port de destination convenu)


COST INSURANCE AND FREIGHT
(... named port of destination)
CIF
COUT ASSURANCE ET FRET
(... port de destination convenu)


CARRIAGE PAID TO
(... named place of destination)
CPT
PORT PAYE JUSQU'A
(...lieu de destination convenu)


CARRIAGE AND INSURANCE PAID TO
(... named placed of destination)
CIP
PORT PAYE, ASSURANCE COMPRISE, JUSQU'A
(... point de destination convenu)


DELIVERED AT FRONTIER
(... named place)
DAF
RENDU FRONTIERE
(... lieu convenu)


DELIVERED EX SHIP
(... named port of destination)
DES
RENDU EX SHIP
(... port de destination convenu)


DELIVERED EX QUAY (DUTY PAID)
(... named port of destination)
DEQ
RENDU A QUAI (DROITS ACQUITTES)
(... port de destination convenu)


DELIVERED DUTY UNPAID
(...named place of destination)
DDU
RENDU DROITS NON ACQUITTES
(... lieu de destination convenu)


DELIVERED DUTY PAID
(... named place of destination)
DDP
RENDU DROITS ACQUITTES
(... lieu de destination convenu)


Electronic Shipping Guide


How to contact YILDIRIM Inc.

Please refer all inquiries to:
FAX: (+90-212) 290 30 81 Attn.: International Sales

Phone : (+90-212) 290 30 80 (PBX)

Mailing Address:

YILDIRIM Foreign Trade & Marketing Inc.
Beybi Giz Plaza Meydan Sok.
No:28 K:3 D:10
80670 Maslak, Istanbul, TURKEY


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YILDIRIM Foreign Trade & Marketing Inc.
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