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FCA incoterms or “Free Carrier” incoterms states that the seller must deliver the goods, ready for export, to the buyers chosen carrier at an agreed upon location (this may be a particular port or a carriers hub). Here the seller is responsible for the cost and risk until the goods have been loaded onto the agreed carrier. After this point the buyer becomes responsible for the cost and risk involved with delivery of the goods.
In summary, the seller must deliver the goods cleared for export to the carriers location specified by the buyer in the sales contract.
FCA Incoterm is versatile as in can be used irrespective of the mode of transport.
SELLER’S OBLIGATIONS UNDER FCA
Delivery of goods and documents required
Packaging and wrapping
Inland transport in the country of origin
Customs at origin
BUYER’S OBLIGATIONS UNDER FCA
Payment of the goods
Customs on arrival
Inland transport at the destination country
Payment of fees