FCR-FIATA-CERT-RECEIPT

FIATA forwarder receipt certificate.

Definition

FCR is non-negotiable ; certifies receipt of goods by the forwarder. Contains: forwarder details, shipper, consignee, goods description, places, receipt date, signature. Frequently used by Far East FOB Asia shippers exporting to Europe/USA buyer. Enables financing before maritime loading via FCR-based L/C. eFCR successor coming through FIATA digital platforms.

Origin

FCR created by FIATA in the 1970s ; major revision 1996 ; eFCR under development with FIATA Digital Strategy 2018+.

Example in context

A Chinese Shenzhen shipper exports to Walmart USA ; DHL forwarder issues FCR confirming receipt of goods ; FCR serves as proof of receipt for L/C bank financing.

Related terms

• FBL FIATA — other FIATA document.