Jewelry & Precious Metals: Pay Mexico Suppliers Fast
Import jewelry, gemstones, precious metals, and luxury accessories Send MXN payments to Mexico suppliers with t+0 (2.3s avg within unicorn network). Save 79% vs traditional banks.
Save £1,923 per £100k Payment
Typical savings for Jewelry & Precious Metals paying Mexico suppliers
- ❌ 2-3 day settlement
- ❌ Hidden FX margins
- ❌ High correspondent bank fees
- ❌ Manual compliance checks
- ✓ T+0 (2.3s avg within Unicorn network)
- ✓ Transparent pricing
- ✓ SPEI available
- ✓ 0.14s automated compliance
At £300k-£3M monthly volume, save £23,076/year
Common Challenges: Jewelry & Precious Metals in Mexico
Industry Pain Points
- High-value shipments requiring insurance
- Gold price volatility compounds FX risk
- Hallmarking requirements
- Conflict mineral compliance
Country-Specific Considerations
- Banco de México regulations
- Mexican Customs (SAT) documentation
- IVA (VAT 16%) on imports
- USMCA trade agreement benefits
How Unicorn Solves Jewelry & Precious Metals Payment Challenges in Mexico
Fast Settlement: T+0 (2.3s avg within Unicorn network)
Use SPEI for instant MXN settlement.Mexico instant payment system, 24/7 operations
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 Mexico regulations.Banco de México regulations handled automatically.
Jewelry & Precious Metals Payment Profile
Understanding the payment dynamics of Jewelry & Precious Metals when paying Mexico suppliers
⏱ Payment Timing
T/T advance for gold content. Net 30 for established suppliers. Consignment arrangements for high-value pieces.
📄 Invoice Terms
T/T advance (gold), Net 30 (established), consignment (trusted partners). LC for large diamond purchases.
Seasonal: Q4 peak, Valentine's (Feb), wedding season. Stock buildup 2-3 months ahead. High working capital requirements.
📊 FX Risk Profile
EXTREME: Double exposure (gold price + FX). INR for manufacturing, THB for gems, USD for diamonds. Hedge both commodity and currency.
Long-term relationships for quality consistency. India (manufacturing), Belgium/Israel (diamonds), Thailand (gems). Trust essential for consignment.
Common Documentation for Jewelry & Precious Metals
- Kimberley Process Certificate
- Hallmarking Certificate
- GIA/IGI Grading Report
- Insurance Certificate
- Valuation Report
Popular Mexico Supplier Types for Jewelry & Precious Metals
Common Mexico Suppliers
- Automotive parts (Monterrey, Querétaro)
- Electronics assemblers (Tijuana, Guadalajara)
- Aerospace components (Querétaro, Mexicali)
- Agricultural exports (Jalisco, Sinaloa)
Payment Tips for Mexico
- Mexico = USMCA partner, automotive manufacturing hub
- SPEI enables instant MXN settlement 24/7
- Northern states (Monterrey, Tijuana) = Manufacturing zones
- Nearshoring trend - US companies relocating from Asia
Ready to Pay Mexico Suppliers 79% Cheaper?
Join Jewelry & Precious Metals businesses saving £1,923 per £100k payment with t+0 (2.3s avg within unicorn network).
Bank of Canada registered PSP | FINTRAC licensed MSB