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Hospitality Equipment — Pay Indian Suppliers Faster, Cheaper

Import hotel, restaurant, and catering equipment and supplies. 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 hospitality equipment businesses. 0.5% spreads. Same-day INR settlement. Free container tracking.

Get a Quote for Your Next Indian Payment

Hospitality Equipment 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.

Regulated by
Bank of Canada
PSP under RPAA
Registered with
FINTRAC
MSB: C100000159
Client funds held in
Segregated Tier-1 accounts
Never co-mingled
Published pricing
0.5% spread + £5
No hidden markups. Ever.

These aren't marketing claims — they're regulatory requirements we meet daily.

Save £3,025 per £100k Payment

Typical savings for Hospitality Equipment paying India suppliers

Traditional Bank
£3,530
FX Spread: 3.5% + £30 fee
  • ❌ 2-3 day settlement
  • ❌ Hidden FX margins
  • ❌ High correspondent bank fees
  • ❌ Manual compliance checks
£505
FX Spread: 0.5% + £5 fee
  • Settles in seconds — 2.3 second average
  • ✓ Transparent pricing
  • UPI (Unified Payments Interface) available
  • ✓ 0.14s automated compliance
Your Annual Savings
86%
£3,025 per £100k

At £200k-£2M monthly volume, save £36,300/year

What Challenges Do Hospitality Equipment Businesses Face Paying India?

Industry Pain Points

  • Project-based fit-outs
  • Compliance requirements (food safety)
  • Bulk orders for chains
  • Warranty and service contracts

Country-Specific Considerations

  • FEMA (Foreign Exchange Management Act) compliance
  • RBI (Reserve Bank of India) reporting for large transactions
  • Import/export code (IEC) required for trade payments
  • GST (Goods and Services Tax) documentation

How Do Hospitality Equipment Businesses Typically Pay Indian Suppliers?

Fast Settlement: Settles in seconds — 2.3 second average

Use UPI (Unified Payments Interface) for instant INR settlement. Instant mobile payments, free for merchants

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 India regulations. FEMA (Foreign Exchange Management Act) compliance handled automatically.

How Hospitality Equipment Businesses Typically Pay Indian 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

Milestones for fit-outs. Stock orders: Net 30-45. Operating supplies: monthly.

This corridor settles same-day when using our rails — so you can align payments with your supplier terms instead of waiting on your bank.

📄 Invoice Terms

Milestones (projects), Net 30-45 (stock), monthly (supplies).

Cash Flow Pattern:

Project-based for fit-outs. Pre-season for openings. Refurbishment cycles (typically 7 years). Operating supplies steady.

📊 FX Risk Profile

MODERATE: EUR (kitchen equipment), CNY (FF&E), TRY (textiles). Project timing allows planning.

Supplier Relationships:

FF&E procurement specialists. Brand partnerships for chains. Project-specific relationships.

Common Documentation for Hospitality Equipment

  • Food Safety Certificate
  • Gas Safe Certificate
  • CE/UKCA Declaration
  • Fire Safety Compliance
  • Specification Sheet

Popular India Supplier Types for Hospitality Equipment

Common India Suppliers

  • Textile mills (Tirupur, Ludhiana, Surat)
  • Garment manufacturers (Bangalore, Delhi NCR)
  • Leather goods (Kanpur, Chennai)
  • IT/software development (Bangalore, Hyderabad)

Payment Tips for India

  • Use UPI or IMPS to avoid 2-3 day SWIFT delays
  • Coordinate with supplier's CA for GST invoice matching
  • INR is volatile - lock rates when favorable
  • Avoid Diwali/festival periods for urgent payments
Typical Transaction Size
£30k-£150k
All payments are subject to standard compliance and sanctions screening. Certain industries and countries not supported.

Frequently Asked Questions: Hospitality Equipment Payments to India

How do Hospitality Equipment businesses pay suppliers in India?

Hospitality Equipment businesses can pay India suppliers instantly using Unicorn Currencies. We offer a 0.5% FX spread with 2.3-second average settlement using local payment rails like UPI (Unified Payments Interface). This is significantly faster and cheaper than traditional SWIFT transfers which take 2-3 days.

What banking details do I need for India Hospitality Equipment suppliers?

To pay Hospitality Equipment suppliers in India, you need the recipient's IFSC Code (11-character alphanumeric code), account number, and beneficiary name. Our platform validates these details automatically to ensure successful payment delivery.

How much can Hospitality Equipment businesses save on India payments?

Hospitality Equipment businesses typically save 86% compared to traditional banks when paying India suppliers. On a £100k transaction, that's £3,025 in savings. With Unicorn Currencies, you pay just 0.5% FX spread + £5 per payment vs banks charging 3.5% spread + £30 fees.

Is container tracking available for Hospitality Equipment shipments from India?

Yes, Unicorn Currencies offers FREE container tracking for Hospitality Equipment shipments from India. 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 Hospitality Equipment businesses typically use with India?

Hospitality Equipment businesses typically convert GBP to INR when paying India 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 India Suppliers 86% Cheaper?

Join Hospitality Equipment businesses saving £3,025 per £100k payment with t+0 (2.3s avg within unicorn network).

Bank of Canada registered PSP | FINTRAC licensed MSB