FIATA-FCT

FIATA FCT non-negotiable transport certificate.

Definition

FIATA FCT specifications: non-negotiable (NOT transferable by endorsement, distinct from negotiable FBL), simply confirming that freight forwarder has received goods for shipment, without property title. Distinctive colour: yellow. Used in transactions where: (1) consignee is known and named on FCT, (2) bank accepts FCT as transport document in LoC (less common than FBL), (3) operational urgency or FCT issued quickly, (4) point-to-point shipment without transshipment. Differs from FBL: FCT non-negotiable + simpler liability, FBL negotiable + UNCTAD/ICC Rules liability. FIATA encourages FCT use for appropriate scenarios. Paper format + electronic eFCT planned 2024-2025.

Origin

FIATA FCT published 1955 by FIATA, first standard FIATA document ; ~10M FCTs issued/year 2024 ; planned digital eFCT 2024-2025.

Example in context

Kuehne+Nagel issues FCT for Antwerp -> Hamburg inter-modal train shipment for Volkswagen client ; consignee known VW Wolfsburg, non-negotiable sufficient, direct payment settlement ; simple yellow FCT.

Related terms

• FIATA FBL — negotiable variant.