🏴→🇵🇪
Send Money from Wales to Peru
Welsh companies and manufacturers paying Peru suppliers. Send GBP from Wales, receive PEN in Peru with t+0 (2.3s avg within unicorn network).
✓ Competitive Advantage: Local GBP collection + local PEN delivery = no correspondent bank fees
Save £2,319 per £100k Payment
Wales to Peru corridor savings
Traditional Bank
£2,824
- ❌ 2-3 day settlement
- ❌ Multiple correspondent banks
- ❌ Hidden FX margins
- ❌ High SWIFT fees
Unicorn Currencies
£505
- ✓ T+0 (2.3s avg within Unicorn network)
- ✓ Local GBP collection
- ✓ Transparent 0.5% spread
- ✓ Plin
Your Savings
82%
£2,319 per £100k
At £300k-£3M monthly, save £5,803/year
Sending from Wales: What You Need to Know
GBP Origin Specifics
- Wales uses GBP currency
- Post-Brexit customs documentation
- FCA regulated payment services
Your Local Advantages
- Local GBP account available
- Faster Payments instant collection
- No correspondent bank fees on origin side
Local Collection Method
Faster Payments
Instant (T+0) • UK domestic instant payments. Money available immediately.
Paying Suppliers in Peru: Compliance & Requirements
Regulatory Considerations
- Banco Central de Reserva del Perú regulations
- SUNAT (Tax Authority) documentation
- IGV (VAT 18%) on goods and services
- Mining sector oversight
Payment Best Practices
- Peru = Copper/silver leader, textile exporter
- Plin/Yape gaining traction for PEN payments
- Lima = Main business hub
- Strong textile manufacturing (Pima cotton) - competitive pricing
Destination Settlement
T+0 (2.3s avg within Unicorn network)
via Plin
Wales → Peru Corridor Insights
Popular Industries
- Mining
- Textiles
- Agriculture
Peak Trading Hours
GMT to GMT time zone consideration
Best for rate execution and faster settlement
Typical Volume
£50k-£250k
Average transaction size for this corridor
Monthly volume: £300k-£3M
Compliance Notice: Subject to sanctions and compliance screening. Certain industries and countries not supported.
Ready to Send GBP from Wales to Peru?
Save 82% on every payment with t+0 (2.3s avg within unicorn network). Local GBP collection available.
Bank of Canada registered PSP | FINTRAC licensed MSB