Hospitality Equipment — Pay New Zealand 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 NZD settlement. Free container tracking.
Get a Quote for Your Next New Zealand PaymentHospitality 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.
These aren't marketing claims — they're regulatory requirements we meet daily.
Save £1,923 per £100k Payment
Typical savings for Hospitality Equipment paying New Zealand suppliers
- ❌ 2-3 day settlement
- ❌ Hidden FX margins
- ❌ High correspondent bank fees
- ❌ Manual compliance checks
- ✓ Settles in seconds — 2.3 second average
- ✓ Transparent pricing
- ✓ Osko (via Australia) available
- ✓ 0.14s automated compliance
At £200k-£2M monthly volume, save £23,076/year
What Challenges Do Hospitality Equipment Businesses Face Paying New Zealand?
Industry Pain Points
- Project-based fit-outs
- Compliance requirements (food safety)
- Bulk orders for chains
- Warranty and service contracts
Country-Specific Considerations
- Reserve Bank of New Zealand regulations
- NZ Customs Service documentation
- GST (15%) on goods and services
- MPI (Ministry for Primary Industries) biosecurity
How Do Hospitality Equipment Businesses Typically Pay New Zealand Suppliers?
Fast Settlement: Settles in seconds — 2.3 second average
Use Osko (via Australia) for instant NZD settlement. Fast payment to NZ via Australian rails
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 New Zealand regulations. Reserve Bank of New Zealand regulations handled automatically.
How Hospitality Equipment Businesses Typically Pay New Zealand 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.
📄 Invoice Terms
Milestones (projects), Net 30-45 (stock), monthly (supplies).
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.
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 New Zealand Supplier Types for Hospitality Equipment
Common New Zealand Suppliers
- Dairy exporters (Waikato, Canterbury)
- Meat processors (Canterbury, Otago)
- Wine producers (Marlborough, Hawke's Bay)
- Forestry companies (Northland, Bay of Plenty)
Payment Tips for New Zealand
- New Zealand = Dairy leader (Fonterra), premium wine
- Close integration with Australian payment systems
- Auckland + Wellington = Main business centers
- Strict biosecurity - documentation critical for food/agriculture
Frequently Asked Questions: Hospitality Equipment Payments to New Zealand
How do Hospitality Equipment businesses pay suppliers in New Zealand?
Hospitality Equipment businesses can pay New Zealand suppliers instantly using Unicorn Currencies. We offer a 0.5% FX spread with 2.3-second average settlement using local payment rails like Osko (via Australia). This is significantly faster and cheaper than traditional SWIFT transfers which take 2-3 days.
What banking details do I need for New Zealand Hospitality Equipment suppliers?
To pay Hospitality Equipment suppliers in New Zealand, you need the recipient's SWIFT + Account (SWIFT/BIC or 2-digit bank 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 New Zealand payments?
Hospitality Equipment businesses typically save 79% compared to traditional banks when paying New Zealand suppliers. On a £100k transaction, that's £1,923 in savings. With Unicorn Currencies, you pay just 0.5% FX spread + £5 per payment vs banks charging 2.4% spread + £28 fees.
Is container tracking available for Hospitality Equipment shipments from New Zealand?
Yes, Unicorn Currencies offers FREE container tracking for Hospitality Equipment shipments from New Zealand. 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 New Zealand?
Hospitality Equipment businesses typically convert GBP to NZD when paying New Zealand 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 New Zealand Suppliers 79% Cheaper?
Join Hospitality Equipment businesses saving £1,923 per £100k payment with t+0 (2.3s avg within unicorn network).
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