Hi!
if a letter of credit calls for a multimodal transport document where incoterm is FCA china and swift field 44a is filled as any place of china, can there be a port of loading as the first leg of the journey
does incoterm allows FCA with sea shipment
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cristiand969
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what says INCOTERMS 2000
The INCOTERMS 2000 states:
FCA
This term may be used irrespective of the mode of transport, including
multimodal transport.“Carrier” means any person who, in a contract of carriage, undertakes to
perform or to procure the performance of transport by rail, road, air, sea,inland waterway or by a combination of such modes.
.
Therefore the issuing bank was correct in the credit in this respect.
FCA
This term may be used irrespective of the mode of transport, including
multimodal transport.“Carrier” means any person who, in a contract of carriage, undertakes to
perform or to procure the performance of transport by rail, road, air, sea,inland waterway or by a combination of such modes.
.
Therefore the issuing bank was correct in the credit in this respect.