DEFINITION
Under FCA, the seller delivers the goods, cleared for export, to the carrier or person the buyer has nominated, at a named place. If that place is the seller's premises, delivery happens when the goods are loaded on the buyer's truck; anywhere else, when they arrive ready for unloading.
Risk passes to the buyer at that moment, and the buyer pays the main transport, insurance and import formalities. FCA works for any mode of transport, which is why it is recommended over FOB for containers. Since Incoterms 2020, the parties can also agree that the buyer's carrier issues a bill of lading with an on-board notation to the seller, which helps with letters of credit.
Compared with EXW, FCA puts export clearance on the seller, who is usually the one able to do it.
HOW KOLIBRA HELPS
Every purchase and sale in Kolibra records its Incoterm and named place, the Incoterm Helper compares the rules, and freight you pay is added to the landed cost per piece.
