Monday, January 25, 2021

Incoterms FCA

 

Incoterms FCA: Free Carrier

Named Place Requirement: Place of Delivery


Under the shipping terms for the FCA Incoterms (short for “Free Carrier”), the seller is responsible for export clearance and delivery of goods to the carrier at the named place of delivery.

Unless otherwise agreed upon, the seller is only responsible for loading the goods if the seller’s place of business is the named place of delivery.

A carrier is any person or company who undertakes the carriage, such as a shipping line, airline, trucking company, railway or freight forwarder.

  

Buyer must clearly specify the precise point of delivery in the contract of sales or carriage.

 

FCA Shipping Incoterm Obligations

Seller’s Obligations

o   Goods, commercial invoice and documentation

o   Export packaging and marking

o   Export licenses and customs formalities

o   Pre-carriage to terminal

o   Delivery to named place of delivery

o   Cost of pre-shipment inspection

o   Proof of delivery

Buyer’s Obligations

o   Payment for goods at price agreed upon in sales contract

o   Unloading from arriving means of transportation

o   Loading charges

o   Main carriage

o   Discharge and onward carriage

o   Import formalities and duties

o   Cost of pre-shipment inspection (for import clearance)

 

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