Aerospace Components — Pay Australian Suppliers Faster, Cheaper
Import aircraft parts, aerospace components, and aviation equipment. And your bank makes it worse — 3-day settlements, 2-4% hidden FX spreads, and zero visibility into what your payments actually cost.
We built payment infrastructure for aerospace components businesses. 0.5% spreads. Same-day AUD settlement. Free container tracking.
Get a Quote for Your Next Australian PaymentAerospace Components margins are too thin to donate 2-4% to your bank on every supplier payment.
Before we show you a single number, know this: we are regulated, audited, and transparent. Our pricing is published. Our client funds are segregated. These aren't marketing claims — they're regulatory requirements we meet daily.
These aren't marketing claims — they're regulatory requirements we meet daily.
Save £2,030 per £100k Payment
Typical savings for Aerospace Components paying Australia suppliers
- ❌ 2-3 day settlement
- ❌ Hidden FX margins
- ❌ High correspondent bank fees
- ❌ Manual compliance checks
- ✓ Settles in seconds — 2.3 second average
- ✓ Transparent pricing
- ✓ NPP (New Payments Platform) available
- ✓ 0.14s automated compliance
At £400k-£5M monthly volume, save £24,360/year
What Challenges Do Aerospace Components Businesses Face Paying Australia?
Industry Pain Points
- Strict certification requirements (EASA/FAA)
- Long lead times for certified parts
- Documentation traceability
- AOG (Aircraft on Ground) urgency
Country-Specific Considerations
- APRA (Australian Prudential Regulation Authority) oversight
- GST (10%) applicable to most goods/services
- ABN (Australian Business Number) required for all suppliers
- AUSTRAC AML/CTF compliance
How Do Aerospace Components Businesses Typically Pay Australian Suppliers?
Fast Settlement: Settles in seconds — 2.3 second average
Use NPP (New Payments Platform) for instant AUD settlement. Real-time payments 24/7, PayID addressing system
Real-Time FX Exposure Tracking
Upload supplier invoices as PDFs. Our AI OCR extracts amounts and currencies. See exactly what waiting costs you in real-time. Lock rates for 15 seconds when you see a good rate.
0.14s Compliance Screening
Automated compliance checks for Australia regulations. APRA (Australian Prudential Regulation Authority) oversight handled automatically.
How Aerospace Components Businesses Typically Pay Australian Suppliers
If you're importing in this sector, you're likely dealing with a mix of payment terms. Here's how they work — and why speed matters.
⏱ Payment Timing
AOG: immediate payment, premium pricing. Scheduled MRO: Net 30-45. OEM contracts: milestones.
📄 Invoice Terms
Immediate (AOG), Net 30-45 (scheduled), milestones (OEM). Credit lines for MRO shops.
MRO cycles. Fleet age determines demand. AOG unpredictable urgency. OEM contracts: project-based.
📊 FX Risk Profile
MODERATE: USD (dominant), EUR (Airbus). High margins and contract pricing provide buffer. AOG unpredictable.
Certified supplier networks. AS9100 audited. OEM relationships. Brokers for hard-to-find parts. Trust and certification essential.
Common Documentation for Aerospace Components
- Certificate of Conformity
- EASA Form 1
- FAA 8130-3
- Traceability Documentation
- Test Reports
Popular Australia Supplier Types for Aerospace Components
Common Australia Suppliers
- Mining equipment (Perth, Brisbane)
- Agricultural suppliers (Adelaide, Melbourne)
- Wine producers (Barossa Valley, Margaret River)
- Education institutions (Sydney, Melbourne)
Payment Tips for Australia
- Australia = Mining and agriculture powerhouse, commodity exporter
- NPP enables instant AUD payments without international wire fees
- Strong trade relationship with Asia-Pacific region
- Time zone considerations: AEST is 9-11 hours ahead of UK
Frequently Asked Questions: Aerospace Components Payments to Australia
How do Aerospace Components businesses pay suppliers in Australia?
Aerospace Components businesses can pay Australia suppliers instantly using Unicorn Currencies. We offer a 0.5% FX spread with 2.3-second average settlement using local payment rails like NPP (New Payments Platform). This is significantly faster and cheaper than traditional SWIFT transfers which take 2-3 days.
What banking details do I need for Australia Aerospace Components suppliers?
To pay Aerospace Components suppliers in Australia, you need the recipient's BSB Code (6-digit BSB (Bank-State-Branch)), account number, and beneficiary name. Our platform validates these details automatically to ensure successful payment delivery.
How much can Aerospace Components businesses save on Australia payments?
Aerospace Components businesses typically save 80% compared to traditional banks when paying Australia suppliers. On a £100k transaction, that's £2,030 in savings. With Unicorn Currencies, you pay just 0.5% FX spread + £5 per payment vs banks charging 2.5% spread + £35 fees.
Is container tracking available for Aerospace Components shipments from Australia?
Yes, Unicorn Currencies offers FREE container tracking for Aerospace Components shipments from Australia. You receive real-time visibility into your cargo, including demurrage alerts to help avoid costly port storage fees. This feature is included at no extra cost with your payment account.
What currencies do Aerospace Components businesses typically use with Australia?
Aerospace Components businesses typically convert GBP to AUD when paying Australia suppliers. Unicorn Currencies provides live exchange rates with a transparent 0.5% spread, and you can lock rates for 15 seconds when you see a favorable rate. Our AI-powered invoice OCR can automatically extract amounts and currencies from supplier invoices.
Ready to Pay Australia Suppliers 80% Cheaper?
Join Aerospace Components businesses saving £2,030 per £100k payment with t+0 (2.3s avg within unicorn network).
Bank of Canada registered PSP | FINTRAC licensed MSB