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Incoterms 2020, trade documents and documentary collections

Module 02 / 5 · 60 min

Match the Incoterms rule to a landlocked country's routes, read the main trade documents and run a documentary collection under URC 522.

In this module you will learn to

Explain the eleven Incoterms 2020 rules and choose those that suit Ethiopian cargo routes
State the insurance requirements under CIF and CIP
Describe the purpose and key data of the main transport, commercial and official documents, including ECX documents
Run a D/P or D/A collection under URC 522 and explain the roles of the remitting and collecting banks

Built on

Erudite Africa training module: Ethiopian Context, topic 1.d International Trade Finance Instruments, Levels 1 and 2 (October 2026)
NBE directives as listed in the lessons: FXD/01/2024, FXD/04/2026, FXD/05/2026, FVD/01/2026, SBB/96/2025, SBB/99/2026, and the MPC No. 7 release (July 2026)
Ethiopian Investment Board Directive No. 1083/2025 and Special Economic Zone Proclamation No. 1322/2024
ICC rules: UCP 600, ISBP 821, URC 522, URDG 758, ISP98, URR 725, eUCP and Incoterms 2020
Commercial Code of Ethiopia (negotiable instruments), cited as reported

Examples and companies are fictional. Bank practices are shown as typical Ethiopian practice, not as any one bank's policy. Always apply your own institution's approved policy and the current NBE directives.