Construction Materials: Pay Mexico Suppliers Fast
Import building materials, construction supplies, and infrastructure products Send MXN payments to Mexico suppliers with t+0 (2.3s avg within unicorn network). Save 79% vs traditional banks.
Save £1,923 per £100k Payment
Typical savings for Construction Materials paying Mexico 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
- ✓ SPEI available
- ✓ 0.14s automated compliance
At £400k-£3M monthly volume, save £23,076/year
Common Challenges: Construction Materials in Mexico
Industry Pain Points
- Project-based demand (lumpy)
- Heavy/bulky goods (freight intensive)
- Weather-dependent delivery
- Credit terms for contractors
Country-Specific Considerations
- Banco de México regulations
- Mexican Customs (SAT) documentation
- IVA (VAT 16%) on imports
- USMCA trade agreement benefits
How Unicorn Solves Construction Materials Payment Challenges in Mexico
Fast Settlement: T+0 (2.3s avg within Unicorn network)
Use SPEI for instant MXN settlement.Mexico instant payment system, 24/7 operations
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 Mexico regulations.Banco de México regulations handled automatically.
Construction Materials Payment Profile
Understanding the payment dynamics of Construction Materials when paying Mexico suppliers
⏱ Payment Timing
Project milestone payments. Net 30-45 for materials suppliers. Payment on delivery for bulk materials (concrete, aggregates).
📄 Invoice Terms
Net 30-45 (established suppliers), COD for bulk deliveries. Project retentions (5%) held 6-12 months. Credit lines for large contractors.
Project-based and weather-dependent. Construction season (Mar-Oct in UK). Large projects: payments spread over months. Retentions delay final settlement.
📊 FX Risk Profile
MODERATE: EUR (European materials), CNY (fixtures/tiles), TRY (marble). Project budgets set in GBP, FX swings affect margins. Hedge at tender stage.
Mix of long-term (major suppliers) and project-specific (specialist materials). Builders merchants for convenience, direct-import for bulk savings.
Common Documentation for Construction Materials
- Delivery Note (site-specific)
- CE/UKCA Marking Certificate
- Declaration of Performance (DoP)
- Test Certificates (concrete/steel)
- Environmental Product Declaration (EPD)
Popular Mexico Supplier Types for Construction Materials
Common Mexico Suppliers
- Automotive parts (Monterrey, Querétaro)
- Electronics assemblers (Tijuana, Guadalajara)
- Aerospace components (Querétaro, Mexicali)
- Agricultural exports (Jalisco, Sinaloa)
Payment Tips for Mexico
- Mexico = USMCA partner, automotive manufacturing hub
- SPEI enables instant MXN settlement 24/7
- Northern states (Monterrey, Tijuana) = Manufacturing zones
- Nearshoring trend - US companies relocating from Asia
Ready to Pay Mexico Suppliers 79% Cheaper?
Join Construction Materials businesses saving £1,923 per £100k payment with t+0 (2.3s avg within unicorn network).
Bank of Canada registered PSP | FINTRAC licensed MSB