Commodity Importers: Pay United States Suppliers Fast
Import raw commodities including grains, metals, minerals, and agricultural products Send USD payments to United States suppliers with t+0 (2.3s avg within unicorn network). Save 80% vs traditional banks.
Save £2,025 per £100k Payment
Typical savings for Commodity Importers paying United States 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
- ✓ ACH (Automated Clearing House) available
- ✓ 0.14s automated compliance
At £1M-£20M monthly volume, save £24,300/year
Common Challenges: Commodity Importers in United States
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
- OFAC (Office of Foreign Assets Control) sanctions screening
- FinCEN (Financial Crimes Enforcement Network) reporting
- State-specific sales tax considerations
- Export control regulations (ITAR, EAR)
How Unicorn Solves Commodity Importers Payment Challenges in United States
Fast Settlement: T+0 (2.3s avg within Unicorn network)
Use ACH (Automated Clearing House) for instant USD settlement.Low-cost batch processing for recurring payments
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 United States regulations.OFAC (Office of Foreign Assets Control) sanctions screening handled automatically.
Commodity Importers Payment Profile
Understanding the payment dynamics of Commodity Importers when paying United States 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 United States Supplier Types for Commodity Importers
Common United States Suppliers
- Manufacturing equipment (Midwest)
- Technology hardware (California, Texas)
- Aerospace components (Washington, California)
- Chemical suppliers (Texas, Louisiana)
Payment Tips for United States
- Use ACH for recurring supplier payments (cheaper than wire)
- Fedwire for urgent/same-day payments
- USD is global reserve - most stable for hedging
- US banks close early (3pm EST) - plan timing
Ready to Pay United States Suppliers 80% Cheaper?
Join Commodity Importers businesses saving £2,025 per £100k payment with t+0 (2.3s avg within unicorn network).
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