Freight Forwarding — Pay Israeli Suppliers Faster, Cheaper
You track containers to the minute but your bank takes 3 days to settle.. 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 freight forwarding businesses. 0.5% spreads. Same-day ILS settlement. Free container tracking.
Get a Quote for Your Next Israeli PaymentFreight Forwarding 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 £2,125 per £100k Payment
Typical savings for Freight Forwarding paying Israel suppliers
- ❌ 2-3 day settlement
- ❌ Hidden FX margins
- ❌ High correspondent bank fees
- ❌ Manual compliance checks
- ✓ Settles in seconds — 2.3 second average
- ✓ Transparent pricing
- ✓ Masav available
- ✓ 0.14s automated compliance
At £500k-£5M monthly volume, save £25,500/year
What Challenges Do Freight Forwarding Businesses Face Paying Israel?
Industry Pain Points
- Multi-currency payments to agents worldwide
- Demurrage and detention costs from delays
- Thin margins (3-8%) vulnerable to FX
- High payment volume (200+ monthly)
Country-Specific Considerations
- Bank of Israel regulations
- Israeli Customs documentation
- VAT (17%) on goods and services
- Ministry of Defense approvals for defense equipment
How Do Freight Forwarding Businesses Typically Pay Israeli Suppliers?
Fast Settlement: Settles in seconds — 2.3 second average
Use Masav for instant ILS settlement. Israel automated clearing house, widely used
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 Israel regulations. Bank of Israel regulations handled automatically.
How Freight Forwarding Businesses Typically Pay Israeli 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
Payment before cargo release. Port fees due immediately. Agent payments Net 7-14 days. High frequency: 5-20 payments daily.
📄 Invoice Terms
Prepayment for port fees, Net 7-14 for agents, Net 30 for established partners. Credit lines essential for cash flow.
Daily payments, cash flow intensive. Peak season (Aug-Nov) requires extra working capital. Payment terms mismatch: pay agents before client pays.
📊 FX Risk Profile
HIGH: Multi-currency exposure (CNY, EUR, USD, AED). 3-8% margins mean 2% FX move eliminates profit. Must hedge or pass through.
Network of agents worldwide. Long-term relationships essential for reliability. Commission-based structures. Reciprocal arrangements common.
Common Documentation for Freight Forwarding
- Bill of Lading
- Commercial Invoice
- Customs Entry Documentation
- Delivery Order
- Agent Invoice with shipment reference
Popular Israel Supplier Types for Freight Forwarding
Common Israel Suppliers
- Tech companies (Tel Aviv, Herzliya)
- Cybersecurity firms (Tel Aviv, Beersheba)
- Medical device manufacturers (Jerusalem, Haifa)
- AgTech companies (Negev region)
Payment Tips for Israel
- Israel = Startup nation, cybersecurity leader
- Masav standard for ILS business payments
- Tel Aviv = Tech hub, Jerusalem = Government center
- Strong R&D capabilities - innovation focus
Frequently Asked Questions: Freight Forwarding Payments to Israel
How do Freight Forwarding businesses pay suppliers in Israel?
Freight Forwarding businesses can pay Israel suppliers instantly using Unicorn Currencies. We offer a 0.5% FX spread with 2.3-second average settlement using local payment rails like Masav. This is significantly faster and cheaper than traditional SWIFT transfers which take 2-3 days.
What banking details do I need for Israel Freight Forwarding suppliers?
To pay Freight Forwarding suppliers in Israel, you need the recipient's Bank Code + Branch + Account (2-digit bank, 3-digit branch, account number), account number, and beneficiary name. Our platform validates these details automatically to ensure successful payment delivery.
How much can Freight Forwarding businesses save on Israel payments?
Freight Forwarding businesses typically save 81% compared to traditional banks when paying Israel suppliers. On a £100k transaction, that's £2,125 in savings. With Unicorn Currencies, you pay just 0.5% FX spread + £5 per payment vs banks charging 2.6% spread + £30 fees.
Is container tracking available for Freight Forwarding shipments from Israel?
Yes, Unicorn Currencies offers FREE container tracking for Freight Forwarding shipments from Israel. 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 Freight Forwarding businesses typically use with Israel?
Freight Forwarding businesses typically convert GBP to ILS when paying Israel 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 Israel Suppliers 81% Cheaper?
Join Freight Forwarding businesses saving £2,125 per £100k payment with t+0 (2.3s avg within unicorn network).
Bank of Canada registered PSP | FINTRAC licensed MSB