Coffee Importers: Pay Sri Lanka Suppliers Fast
Import green coffee beans, roasted coffee, and specialty coffee products from origin countries Send LKR payments to Sri Lanka suppliers with t+0 (2.3s avg within unicorn network). Save 84% vs traditional banks.
Save £2,617 per £100k Payment
Typical savings for Coffee Importers paying Sri Lanka suppliers
- ❌ 2-3 day settlement
- ❌ Hidden FX margins
- ❌ High correspondent bank fees
- ❌ Manual compliance checks
- ✓ T+0 (2.3s avg within Unicorn network)
- ✓ Transparent pricing
- ✓ LankaPay available
- ✓ 0.14s automated compliance
At £300k-£2M monthly volume, save £31,404/year
Common Challenges: Coffee Importers in Sri Lanka
Industry Pain Points
- FX volatility between contract and delivery (3-6 month gap)
- Demurrage costs on delayed containers ($150-300/day)
- Payment timing pressure from suppliers
- Thin margins (8-12%) vulnerable to FX swings
Country-Specific Considerations
- Central Bank of Sri Lanka FX regulations
- Sri Lanka Customs documentation
- VAT (15%) on goods and services
- Board of Investment approvals for certain sectors
How Unicorn Solves Coffee Importers Payment Challenges in Sri Lanka
Fast Settlement: T+0 (2.3s avg within Unicorn network)
Use LankaPay for instant LKR settlement.Sri Lanka instant payment platform
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 Sri Lanka regulations.Central Bank of Sri Lanka FX regulations handled automatically.
Coffee Importers Payment Profile
Understanding the payment dynamics of Coffee Importers when paying Sri Lanka suppliers
⏱ Payment Timing
Letter of Credit (LC) at shipment or Net 30-60 days after container arrival
📄 Invoice Terms
LC for orders $50k+ (Green Coffee), Net 30 for established relationships, 50% prepayment for new suppliers
Seasonal harvest peaks (Oct-Mar Southern hemisphere, Apr-Sep Northern). Bi-weekly container arrivals during harvest, monthly off-season.
📊 FX Risk Profile
HIGH: 3-6 month contract-to-delivery gap. BRL and VND volatility. 10% FX swing eliminates entire 8-12% profit margin.
Long-term contracts with estates/cooperatives for specialty. Spot market for commodity-grade. Brokers for aggregation.
Common Documentation for Coffee Importers
- Bill of Lading (ocean freight proof)
- Commercial Invoice with ICO standards
- Certificate of Origin (USDA/phytosanitary)
- Quality Report (cupping scores, defect count)
- Insurance Certificate (marine cargo)
Popular Sri Lanka Supplier Types for Coffee Importers
Common Sri Lanka Suppliers
- Tea estates (Kandy, Nuwara Eliya)
- Garment factories (Colombo, Katunayake)
- Rubber producers (Western Province)
- Gem traders (Colombo, Ratnapura)
Payment Tips for Sri Lanka
- Sri Lanka = Ceylon tea leader, garment exporter
- LankaPay enables instant LKR settlement
- Colombo = Main business hub
- Economic challenges - confirm supplier stability
Ready to Pay Sri Lanka Suppliers 84% Cheaper?
Join Coffee Importers businesses saving £2,617 per £100k payment with t+0 (2.3s avg within unicorn network).
Bank of Canada registered PSP | FINTRAC licensed MSB