Commodity Importers: Pay New Zealand Suppliers Fast
Import raw commodities including grains, metals, minerals, and agricultural products Send NZD payments to New Zealand suppliers with t+0 (2.3s avg within unicorn network). Save 79% vs traditional banks.
Save £1,923 per £100k Payment
Typical savings for Commodity Importers paying New Zealand 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
- ✓ Osko (via Australia) available
- ✓ 0.14s automated compliance
At £1M-£20M monthly volume, save £23,076/year
Common Challenges: Commodity Importers in New Zealand
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
- Reserve Bank of New Zealand regulations
- NZ Customs Service documentation
- GST (15%) on goods and services
- MPI (Ministry for Primary Industries) biosecurity
How Unicorn Solves Commodity Importers Payment Challenges in New Zealand
Fast Settlement: T+0 (2.3s avg within Unicorn network)
Use Osko (via Australia) for instant NZD settlement.Fast payment to NZ via Australian rails
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 New Zealand regulations.Reserve Bank of New Zealand regulations handled automatically.
Commodity Importers Payment Profile
Understanding the payment dynamics of Commodity Importers when paying New Zealand suppliers
⏱ 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 New Zealand Supplier Types for Commodity Importers
Common New Zealand Suppliers
- Dairy exporters (Waikato, Canterbury)
- Meat processors (Canterbury, Otago)
- Wine producers (Marlborough, Hawke's Bay)
- Forestry companies (Northland, Bay of Plenty)
Payment Tips for New Zealand
- New Zealand = Dairy leader (Fonterra), premium wine
- Close integration with Australian payment systems
- Auckland + Wellington = Main business centers
- Strict biosecurity - documentation critical for food/agriculture
Ready to Pay New Zealand Suppliers 79% Cheaper?
Join Commodity Importers businesses saving £1,923 per £100k payment with t+0 (2.3s avg within unicorn network).
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