Who is responsible for FCA shipping?

Who is responsible for FCA shipping?

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.

Is FCA Free Carrier?

What Is Free Carrier (FCA)? The free carrier is a trade term dictating that a seller of goods is responsible for the delivery of those goods to a destination specified by the buyer. When used in trade, the word “free” means the seller has an obligation to deliver goods to a named place for transfer to a carrier.

What does FCA mean shipping terms?

The FCA (Free Carrier) rule requires the seller to deliver the goods to the buyer or its carrier either at the seller’s premises loaded onto the collecting vehicle or delivered to another premises (typically a forwarder’s warehouse, airport or container terminal) not unloaded from the seller’s vehicle.

Who is responsible for import clearance under FCA?

In all cases, the seller is responsible for export clearance; the buyer assumes all risks and costs after the goods have been delivered at the named place. FCA is the rule of choice for containerised goods where the buyer arranges for the main carriage.

What is the difference between FOB and FCA shipping?

FCA considers goods delivered once seller places goods on transport arranged by buyer. FOB considers goods delivered once seller places goods on board specified vessel. Arrangements for transport, transport costs, and insurance costs are the responsibility of the buyer.

How does FCA Incoterms work?

Under the Incoterms 2020 rules, FCA means the seller loads the goods on the buyer’s transport at the seller’s premises, or the seller delivers them to another named place. Most often, the buyer hires a transport that picks up the goods at the seller’s warehouse.

Is FCA a domestic shipping term?

FCA is available for both domestic and international transactions. If the transaction is an international trade then the seller will need to complete any export formalities required by its country’s authorities.

Is FCA collect or prepaid?

“FCA Freight forwarder’s facility, Miami, FL USA” indicates that the seller will load the items on their designated carrier, deliver them to the forwarder’s facility to be unloaded by them and the freight charges to the forwarder’s facility are to be prepaid.