Freight Forwarding — Pay Thai 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 THB settlement. Free container tracking.
Get a Quote for Your Next Thai 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 £2,120 per £100k Payment
Typical savings for Freight Forwarding paying Thailand suppliers
- ❌ 2-3 day settlement
- ❌ Hidden FX margins
- ❌ High correspondent bank fees
- ❌ Manual compliance checks
- ✓ Settles in seconds — 2.3 second average
- ✓ Transparent pricing
- ✓ PromptPay available
- ✓ 0.14s automated compliance
At £500k-£5M monthly volume, save £25,440/year
What Challenges Do Freight Forwarding Businesses Face Paying Thailand?
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 Thailand FX regulations
- Thai Customs documentation
- VAT (7%) on imports
- BOI (Board of Investment) incentives for certain sectors
How Do Freight Forwarding Businesses Typically Pay Thai Suppliers?
Fast Settlement: Settles in seconds — 2.3 second average
Use PromptPay for instant THB settlement. Thailand instant payment system, 50M+ users
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 Thailand regulations. Bank of Thailand FX regulations handled automatically.
How Freight Forwarding Businesses Typically Pay Thai 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 Thailand Supplier Types for Freight Forwarding
Common Thailand Suppliers
- Automotive parts (Bangkok, Rayong)
- Textile manufacturers (Bangkok, Chiang Mai)
- Food processors (Bangkok, Chonburi)
- Electronics assemblers (Ayutthaya)
Payment Tips for Thailand
- Thailand = Automotive hub (Toyota, Honda), food export leader
- PromptPay widely adopted - instant B2B payments
- Bangkok + Eastern Economic Corridor = Manufacturing zones
- Seasonal considerations - monsoon affects logistics
Frequently Asked Questions: Freight Forwarding Payments to Thailand
How do Freight Forwarding businesses pay suppliers in Thailand?
Freight Forwarding businesses can pay Thailand suppliers instantly using Unicorn Currencies. We offer a 0.5% FX spread with 2.3-second average settlement using local payment rails like PromptPay. This is significantly faster and cheaper than traditional SWIFT transfers which take 2-3 days.
What banking details do I need for Thailand Freight Forwarding suppliers?
To pay Freight Forwarding suppliers in Thailand, you need the recipient's Branch Code + Account (Thai baht transfer: branch code and 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 Thailand payments?
Freight Forwarding businesses typically save 81% compared to traditional banks when paying Thailand suppliers. On a £100k transaction, that's £2,120 in savings. With Unicorn Currencies, you pay just 0.5% FX spread + £5 per payment vs banks charging 2.6% spread + £25 fees.
Is container tracking available for Freight Forwarding shipments from Thailand?
Yes, Unicorn Currencies offers FREE container tracking for Freight Forwarding shipments from Thailand. 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 Thailand?
Freight Forwarding businesses typically convert GBP to THB when paying Thailand 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 Thailand Suppliers 81% Cheaper?
Join Freight Forwarding businesses saving £2,120 per £100k payment with t+0 (2.3s avg within unicorn network).
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