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HVAC Equipment: Pay Nigeria Suppliers Fast

Import heating, ventilation, air conditioning, and refrigeration equipment Send NGN payments to Nigeria suppliers with t+0 (2.3s avg within unicorn network). Save 87% vs traditional banks.

Save £3,535 per £100k Payment

Typical savings for HVAC Equipment paying Nigeria suppliers

Traditional Bank
£4,040
FX Spread: 4% + £40 fee
  • ❌ 2-3 day settlement
  • ❌ Hidden FX margins
  • ❌ High correspondent bank fees
  • ❌ Manual compliance checks
Unicorn Currencies
£505
FX Spread: 0.5% + £5 fee
  • T+0 (2.3s avg within Unicorn network)
  • ✓ Transparent pricing
  • NIBSS Instant Payment (NIP) available
  • ✓ 0.14s automated compliance
Your Annual Savings
87%
£3,535 per £100k

At £200k-£2M monthly volume, save £42,420/year

Common Challenges: HVAC Equipment in Nigeria

Industry Pain Points

  • Seasonal demand patterns
  • Refrigerant regulations
  • Heavy equipment logistics
  • Installation timing coordination

Country-Specific Considerations

  • Central Bank of Nigeria (CBN) foreign exchange regulations
  • Form M (Import documentation) required for imports
  • Treasury Single Account (TSA) compliance for government payments
  • SWIFT code verification critical for international transfers

How Unicorn Solves HVAC Equipment Payment Challenges in Nigeria

Fast Settlement: T+0 (2.3s avg within Unicorn network)

Use NIBSS Instant Payment (NIP) for instant NGN settlement.Nigeria's instant inter-bank payment system, 24/7 availability

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 Nigeria regulations.Central Bank of Nigeria (CBN) foreign exchange regulations handled automatically.

HVAC Equipment Payment Profile

Understanding the payment dynamics of HVAC Equipment when paying Nigeria suppliers

Payment Timing

Stock orders: T/T 30/70. Project orders: milestones. Spares: Net 30.

Settlement Priority: HIGH in season: Heatwave = AC rush, cold snap = heating emergency. Out of season more flexible.

📄 Invoice Terms

30/70 T/T (stock), milestones (projects), Net 30 (spares and established accounts).

Cash Flow Pattern:

Highly seasonal: AC orders Mar-May, heating Sep-Nov. Stock buildup ahead of season. Emergency demand unpredictable.

📊 FX Risk Profile

MODERATE: CNY (volume), JPY (Daikin etc), EUR (premium). Seasonal ordering allows FX planning.

Supplier Relationships:

Authorized distributors for major brands (Daikin, Mitsubishi). China factories for value. Parts availability critical.

Common Documentation for HVAC Equipment

  • F-gas Certificate
  • Energy Label
  • CE/UKCA Declaration
  • Refrigerant Specification
  • Installation Manual

Popular Nigeria Supplier Types for HVAC Equipment

Common Nigeria Suppliers

  • Oil & gas service providers (Lagos, Port Harcourt)
  • Agricultural exporters (Kano, Kaduna)
  • Manufacturing (Lagos, Ogun State)
  • Construction materials (Lagos, Abuja)

Payment Tips for Nigeria

  • Use NIP for instant settlement - avoid SWIFT delays
  • Nigeria = Africa's largest economy, growing trade hub
  • Multiple exchange rates exist - ensure you get interbank rate
  • Oil & gas payments require enhanced due diligence
Typical Transaction Size
£50k-£250k
Compliance Notice: Subject to sanctions and compliance screening. Certain industries and countries not supported.

Ready to Pay Nigeria Suppliers 87% Cheaper?

Join HVAC Equipment businesses saving £3,535 per £100k payment with t+0 (2.3s avg within unicorn network).

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