CARM: What all importers need to know about CARM

Terminology

F

FCA, Free Carrier

Under FCA Incoterms, the seller delivers the goods, cleared for export, to the carrier nominated by the buyer at the named place. If delivery takes place at the seller’s premises, the seller is responsible for loading. If delivery takes place at any other location, the seller must deliver the goods to the named place but is not responsible for unloading. (For a complete list of Incoterm definitions including a chart of buyer and seller responsibilities, see Universal’s Incoterms 2010.)

Quick Tip #46
Issue Express Bills of Lading instead of Originals and avoid delays and unnecessary costs

Original Bills of Lading are a good way to ensure immediate payment of your merchandise on shipments where you do not have an established credit arrangement with your client.

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