Defence & Security Contractors: Pay Canada Suppliers Fast
Import defence equipment, security systems, and military supplies (licensed) Send CAD payments to Canada suppliers with t+0 (2.3s avg within unicorn network). Save 80% vs traditional banks.
Save £2,025 per £100k Payment
Typical savings for Defence & Security Contractors paying Canada 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
- ✓ Interac e-Transfer for Business available
- ✓ 0.14s automated compliance
At £500k-£20M monthly volume, save £24,300/year
Common Challenges: Defence & Security Contractors in Canada
Industry Pain Points
- Export license requirements
- Stringent compliance (ITAR, EAR)
- Long procurement cycles
- Classified requirements
Country-Specific Considerations
- Bank of Canada and FINTRAC oversight
- GST/HST (5-15% depending on province) documentation
- Business Number (BN) required for tax purposes
- PIPEDA compliance for data privacy
How Unicorn Solves Defence & Security Contractors Payment Challenges in Canada
Fast Settlement: T+0 (2.3s avg within Unicorn network)
Use Interac e-Transfer for Business for instant CAD settlement.Instant business payments up to CAD $25,000, email-based
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 Canada regulations.Bank of Canada and FINTRAC oversight handled automatically.
Defence & Security Contractors Payment Profile
Understanding the payment dynamics of Defence & Security Contractors when paying Canada suppliers
⏱ Payment Timing
Contract milestones over multi-year periods. Government payment terms: Net 60-90.
📄 Invoice Terms
Milestones per contract, Net 60-90 government, progress payments.
Government budget cycles. Multi-year contracts. Milestone-based. Long payment terms.
📊 FX Risk Profile
HIGH: USD (US defence), multi-year contracts. Large values. Government contracts may have FX clauses.
Strategic partnerships. Security-vetted supply chains. Long-term relationships. Prime/subcontractor structures.
Common Documentation for Defence & Security Contractors
- Export License
- End-User Certificate
- Security Classification
- Contract Documentation
- Compliance Declaration
Popular Canada Supplier Types for Defence & Security Contractors
Common Canada Suppliers
- Resource extraction equipment (Calgary, Edmonton)
- Auto parts manufacturers (Toronto, Windsor)
- Agricultural suppliers (Winnipeg, Regina)
- Aerospace components (Montreal, Winnipeg)
Payment Tips for Canada
- Canada = Natural resources leader, manufacturing hub (auto, aerospace)
- Interac e-Transfer fastest for payments under CAD $25k
- Strong US trade ties - many suppliers serve both markets
- Provincial tax variations - HST rates differ by region
Ready to Pay Canada Suppliers 80% Cheaper?
Join Defence & Security Contractors businesses saving £2,025 per £100k payment with t+0 (2.3s avg within unicorn network).
Bank of Canada registered PSP | FINTRAC licensed MSB