Delivered At Terminal (DAT)
What is Delivered At Terminal?
Delivered at Terminal (DAT) is a contractual formula for foreign trade transactions. It means that the seller delivers the goods at his own expense and risk, regardless of the chosen mode of transport. The goods are then made available to the buyer at an agreed terminal. The term terminal does not mean that it must be an airport – it can mean any place that is suitable for the transfer of goods, such as a quay, warehouse or container depot. The seller bears all risks connected with the transport and unloading of the goods in the terminal. The seller has nothing to do with import clearance – it is the responsibility of the buyer. However, the seller must provide all documents and information necessary for this purpose.