FCA is Free Carrier. FOB is Free On Board. Incoterms 2020.
The cost split is identical. What separates them is where risk passes — see below.
| Cost block | FCA | FOB |
|---|---|---|
| Export clearance | Seller | Seller |
| Carriage to port / terminal | Seller | Seller |
| Loading onto main carriage | Seller | Seller |
| Main carriage (freight) | Buyer | Buyer |
| Insurance | Neither obliged | Neither obliged |
| Unloading at destination | Buyer | Buyer |
| Import clearance | Buyer | Buyer |
| Duties and import taxes | Buyer | Buyer |
| Risk passes | When the goods are handed to the buyer’s carrier at the named place. | When the goods are loaded on board the ship. |
| Transport mode | Any mode | Sea / inland waterway |
The named place decides who loads. FCA at the seller’s premises means the seller loads; FCA at a terminal means they do not.
Routinely misused for containers. A container is handed over at a terminal days before loading, so the seller keeps risk they think they have shed.
The Incoterm and named place belong on the commercial invoice, the packing list and the shipper's instructions — spelled the same way on each. ovrseas generates the set from one entry so they cannot disagree with each other.
Commercial invoice templateIncoterms® is a registered trademark of the International Chamber of Commerce. This page is an independent summary of how costs and risk are allocated and is not affiliated with or endorsed by ICC. For contract drafting, use the official Incoterms® 2020 rules published by ICC.