Commodity Importers — Pay Brazilian Suppliers Faster, Cheaper
Commodity prices move faster than your bank settles payments.. 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 commodity importers businesses. 0.5% spreads. Same-day BRL settlement. Free container tracking.
Get a Quote for Your Next Brazilian PaymentCommodity Importers 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 £3,030 per £100k Payment
Typical savings for Commodity Importers paying Brazil suppliers
- ❌ 2-3 day settlement
- ❌ Hidden FX margins
- ❌ High correspondent bank fees
- ❌ Manual compliance checks
- ✓ Settles in seconds — 2.3 second average
- ✓ Transparent pricing
- ✓ PIX available
- ✓ 0.14s automated compliance
At £1M-£20M monthly volume, save £36,360/year
What Challenges Do Commodity Importers Businesses Face Paying Brazil?
Industry Pain Points
- Commodity price and FX double exposure
- Large volume transactions (£500k-£5M+)
- Futures contract settlement timing
- Storage and demurrage costs
Country-Specific Considerations
- Central Bank of Brazil (Banco Central) regulations
- Brazilian tax ID (CNPJ) required for business payments
- Currency controls apply to BRL flows
- Import license may be required for certain goods
How Do Commodity Importers Businesses Typically Pay Brazilian Suppliers?
Fast Settlement: Settles in seconds — 2.3 second average
Use PIX for instant BRL settlement. Brazil's revolutionary instant payment system, launched 2020, now dominant
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 Brazil regulations. Central Bank of Brazil (Banco Central) regulations handled automatically.
How Commodity Importers Businesses Typically Pay Brazilian 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
LC at sight standard for bulk commodities. Payment triggers on Bill of Lading. Futures contracts: margin calls and settlement dates.
📄 Invoice Terms
LC at sight (90% of bulk), CAD for established relationships, futures exchange settlement terms. Prepayment rare except spot purchases.
Lumpy, shipment-based. Harvest cycles create seasonal concentration. Futures positions require margin. Storage costs if holding physical.
📊 FX Risk Profile
EXTREME: Double exposure (commodity price + FX). USD pricing standard. BRL, ZAR, AUD volatility. Must hedge both or accept speculation risk.
Trading houses, cooperatives, direct from producers. Exchange-traded relationships. Long-term contracts for supply security. Brokers for spot.
Common Documentation for Commodity Importers
- Bill of Lading (ocean)
- Certificate of Origin
- Quality/Grade Certificate
- Phytosanitary Certificate (agricultural)
- Weight Certificate (independent surveyor)
Popular Brazil Supplier Types for Commodity Importers
Common Brazil Suppliers
- Coffee exporters (Minas Gerais, São Paulo)
- Agricultural commodities (Mato Grosso, Paraná)
- Leather goods (Rio Grande do Sul)
- Manufacturing (São Paulo, Rio de Janeiro)
Payment Tips for Brazil
- PIX revolutionized Brazilian payments - instant, 24/7, free
- Brazil = World's largest coffee exporter
- BRL volatility high - use rate locks
- Most suppliers now prefer PIX over TED/DOC
Frequently Asked Questions: Commodity Importers Payments to Brazil
How do Commodity Importers businesses pay suppliers in Brazil?
Commodity Importers businesses can pay Brazil suppliers instantly using Unicorn Currencies. We offer a 0.5% FX spread with 2.3-second average settlement using local payment rails like PIX. This is significantly faster and cheaper than traditional SWIFT transfers which take 2-3 days.
What banking details do I need for Brazil Commodity Importers suppliers?
To pay Commodity Importers suppliers in Brazil, you need the recipient's Pix Key or Bank Code (Pix (CPF/email/phone) or bank code + branch + account), account number, and beneficiary name. Our platform validates these details automatically to ensure successful payment delivery.
How much can Commodity Importers businesses save on Brazil payments?
Commodity Importers businesses typically save 86% compared to traditional banks when paying Brazil suppliers. On a £100k transaction, that's £3,030 in savings. With Unicorn Currencies, you pay just 0.5% FX spread + £5 per payment vs banks charging 3.5% spread + £35 fees.
Is container tracking available for Commodity Importers shipments from Brazil?
Yes, Unicorn Currencies offers FREE container tracking for Commodity Importers shipments from Brazil. 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 Commodity Importers businesses typically use with Brazil?
Commodity Importers businesses typically convert GBP to BRL when paying Brazil 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 Brazil Suppliers 86% Cheaper?
Join Commodity Importers businesses saving £3,030 per £100k payment with t+0 (2.3s avg within unicorn network).
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