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 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 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 is free carrier FAC shipping term?
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.