What does free carrier mean?
Free Carrier. In international commerce, an agreement between a seller and a buyer indicating that the seller has fulfilled his/her obligation to deliver a good when he/she has transferred it to the port, airport, or other place from which it will be transported.
What does free carrier (FCA) mean in shipping?
Free Carrier or FCA means that the seller delivers the goods, cleared for export, to the carrier nominated by the buyer at the named place. It should be noted that the chosen place of delivery has an impact on the obligations of loading, and unloading the goods at that place.
What is free carrier [named place]?
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 is free carrier at supplier?
Free Carrier is a common agreement where a seller (or shipper / supplier) of goods is responsible for packaging and loading goods onto a truck at their transport hub or port, different to Ex Works, where the seller is just responsible for getting the making the goods available at their own factory or place of manufacture.
Who pays for shipping FCA?
As per FCA terms, the right to finalize the carrier of goods is vested with the buyer. The seller can deliver goods to the buyer designated carrier only. Who pays transportation on FCA terms of delivery? Since the carrier is nominated by the buyer, the cost of transportation under FCA terms is paid by the buyer.