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FCA trade terms-maritime terms-FCA international

by:VIPUTRANS     2020-05-25
In trade terms, FCA (free carrier), that is, the freight carrier (designated place), the term can be used for various modes of transportation (including multimodal transport). FCA trade terms refer to the fact that as long as the seller delivers the goods to the carrier designated by the buyer at the designated place and has gone through the export customs clearance procedure, the delivery is completed. It should be noted that the choice of delivery location will have an impact on the obligation to load and unload at that location. If the seller delivers at its place, the seller should be responsible for loading, if the seller delivers at any other place, the seller is not responsible for unloading. FCA trade terms In trade terms, FCA (free carrier), that is, the freight carrier (designated place), the term can be used for various modes of transportation (including multimodal transport). FCA trade terms refer to the fact that as long as the seller delivers the goods to the carrier designated by the buyer at the designated place and has gone through the export customs clearance procedure, the delivery is completed. It should be noted that the choice of delivery location will have an impact on the obligation to load and unload at that location. If the seller delivers at its place, the seller should be responsible for loading, if the seller delivers at any other place, the seller is not responsible for unloading. Buyer and seller obligations Seller ’s obligations: 1. At your own risk and expense, obtain an export license or other official approval document, and go through all customs procedures required for export of goods when customs procedures are required. 2. At the time and place stipulated in the contract, put the goods in accordance with the contract under the control of the carrier designated by the buyer, and notify the buyer in time. 3. Bear all costs and risks before handing over the goods to the carrier. 4. Provide the buyer with the usual documents for delivery at his own expense. If the buyer and seller agree to use electronic communication, all the documents can be replaced by electronic data interchange (EDI) information with the same effect. Buyer obligations: 1. Responsible for arranging transportation, and give the seller full notice of the carrier's name, means of transportation, delivery time and place. 2. Since the seller delivered the goods, bear all risks of loss or damage of the goods. 3. Receive delivery certificate or equivalent electronic information according to the contract, and pay the payment according to the contract. 4. If the buyer is willing, the buyer can also take risks and expenses at his own expense, obtain any import license or other official license, and go through all customs procedures for importing goods and transiting from other countries when customs procedures are required.
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