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Payment via Letter of Credit

On FCA and Ex-Works terms, the Forwarder's Certificate of Receipt can serve as the operative document in lieu of the normal bill of lading.

Getting Paid with the Forwarder's Certificate of Receipt

Getting paid via a letter of credit on FCA and Ex-Works terms can use the Forwarder's Certificate of Receipt (FCR) as the operative document in lieu of the normal bill of lading.

Once the cargo is received in apparent good condition by our warehouse, we can issue the FCR to the advising US bank. The foreign buyer gains the additional assurance that their order is complete and ready to be tendered to the international carrier.

Ready to discuss your routed transaction?

Talk with H.C. Bennett about how this applies to your import or export operation.