FCA (Free Carrier)
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FCA requires the seller to clear products for export and deliver them to the buyer at specified locations.
FCA can be used for LCL (Less than Container Load), FCL, and air transportation.
The seller bears the expense and risk of loading at their premises.
The seller must prepare the products for unloading, but not unload them at the destination.
Incoterms® 2020 allowed carriers to issue a transport document with onboard notation, addressing issues related to payment via Letter of Credit.
The buyer can direct the carrier to provide a Bill of Lading with an onboard notation at their expense and risk.
The buyer and seller must agree on cost and risk allocation before shipping.
Understanding FCA Incoterms® 2020 is crucial for international trade agreements. It simplifies shipping processes and ensures clear responsibilities, benefiting both buyers and sellers.
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