Buyer’s Obligations

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mstakh.i.mom.i
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Joined: Mon Dec 23, 2024 6:59 am

Buyer’s Obligations

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Seller’s Obligations
a) Pre-shipment: The seller must ensure that the goods are properly packaged, labeled, and ready for export. They are responsible for obtaining any necessary export licenses or documentation.

b) Delivery: The seller is obliged to deliver the goods to the carrier at the agreed-upon location within the specified timeframe. They must provide the buyer with sufficient notice to arrange transportation.

a) Transport and Insurance: The buyer is responsible for organizing and paying for the main transportation of the goods, including any necessary insurance coverage. They must choose a reliable carrier and ensure that the goods are adequately protected during transit.

b) Import Formalities: The buyer must handle all import formalities, including customs clearance, duties, and taxes at the destination. They should be aware of the import regulations and requirements of the country where the goods are being delivered.

Advantages of FCA
a) Flexibility: FCA allows the buyer to choose their preferred mode of transportation latvia phone number list and carrier, giving them more control over the shipping process.

b) Cost Control: With FCA, the buyer can negotiate competitive freight rates and insurance premiums directly with the carriers.

c) Clear Responsibilities: FCA provides clarity regarding the transfer of risks and responsibilities between the seller and the buyer, reducing the likelihood of disputes.
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