CPT (Carriage Paid To)
CPT, an abbreviation for Carriage Paid To, denotes that the seller delivers the goods to the carrier at the agreed-upon destination. While it encompasses multimodal transportation, it is predominantly used for land or air transport. The seller’s risk and responsibility conclude upon handing over the goods to the initial carrier. The seller covers transportation costs to the specified point as per the contract, while insurance costs are borne by the buyer. The inspection contract is arranged by the buyer.
FCA (Free Carrier)
FCA, short for Free Carrier, signifies the delivery of goods to the carrier at the seller’s location (i.e., inside a truck, train, or airplane). Since the place of delivery is the seller’s country, loading is the buyer’s responsibility, and the point of loading carries the risk. Transportation and insurance costs are covered by the buyer, although the contract for transportation and insurance may not necessarily be arranged by them.