Free Carrier (FCA)

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Definition of 'Free Carrier (FCA)'

Free Carrier (FCA) is an Incoterm that defines the point at which the buyer takes ownership of the goods and becomes responsible for their transportation. Under FCA, the seller is responsible for delivering the goods to the carrier at the agreed location. The buyer is responsible for arranging and paying for the carriage of the goods from that point.

FCA is a common Incoterm for goods that are being transported by road or rail. It can also be used for goods that are being transported by sea, but in this case, it is important to specify the port of delivery.

When using FCA, it is important to have a clear understanding of the responsibilities of the buyer and seller. The seller is responsible for loading the goods onto the carrier, and the buyer is responsible for unloading them. The seller is also responsible for providing the buyer with a commercial invoice and any other documents that may be required for customs clearance.

FCA is a flexible Incoterm that can be used for a variety of transportation arrangements. It is important to carefully review the terms of the contract to ensure that both parties understand their responsibilities.

Here are some additional details about FCA:

* The seller is responsible for all costs up to the point of delivery to the carrier. This includes the cost of packing, loading, and transport to the carrier's location.
* The buyer is responsible for all costs from the point of delivery to the carrier. This includes the cost of transport from the carrier's location to the buyer's location, as well as any customs duties or other charges.
* The seller is responsible for arranging and paying for insurance for the goods up to the point of delivery to the carrier. The buyer is responsible for arranging and paying for insurance for the goods from the point of delivery to the buyer's location.
* The seller is responsible for providing the buyer with a commercial invoice and any other documents that may be required for customs clearance.

FCA is a good choice for buyers who want to have control over the transportation of their goods. It is also a good choice for sellers who want to minimize their costs.

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