What does FCA mean in Incoterms?
(Click to enlarge) 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.
What is difference between FCA and FOB?
The domestic term FOB indicates where risk and title transfer from the seller to the buyer. If FOB origin is specified, it is at the seller's facility. The Incoterms 2020 rule FCA indicates where risk transfers from the seller to the buyer.
What is the difference between FCA and CIF?
Under CIF terms of delivery of goods, the exporter is liable to bear the cost of movement of goods to the named location at importer's country. But under the FCA delivery terms, the exporter transfers his cost of movement of goods when goods are loaded to the carrier nominated by the importer.
What is the difference between EXW and FCA?
Of all the rules, the EXW term places the least amount of risk on the seller, leaving the buyer with the majority of the responsibility. FCA determines that the risk transfer occurs when the seller loads the goods on the buyer's transport or when the seller delivers the goods to a named place of delivery.
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FCA - Free Carrier - Cargo Transport System www cargotransport com au/images/contentpics/Incoterms/FCA 20- 20Free 20Carrier 20explained 204pp pdf FCA - Free Carrier Free Carrier means that the seller delivers the goods cleared for export to the carrier nominated by the buyer at the named place
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