Machinery & Equipment — Pay New Zealand Suppliers Faster, Cheaper
Import industrial machinery, manufacturing equipment, and capital goods. 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 machinery & equipment businesses. 0.5% spreads. Same-day NZD settlement. Free container tracking.
Get a Quote for Your Next New Zealand PaymentMachinery & 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 Machinery & 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 £500k-£10M monthly volume, save £23,076/year
What Challenges Do Machinery & Equipment Businesses Face Paying New Zealand?
Industry Pain Points
- High-value transactions (£500k-£5M+)
- Long lead times (3-12 months)
- Progress payments required
- FX exposure over project timeline
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 Machinery & 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 Machinery & 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
Milestone-based: 30% on order, 30% on manufacturing complete, 30% on delivery, 10% after commissioning. 6-12 month project cycles.
📄 Invoice Terms
30/30/30/10 milestone structure standard. LC for orders over £500k. Retention (5-10%) held for warranty period (12-24 months).
Project-based and lumpy. Capital budget cycles (Q1 approvals, Q4 spend). Long lead times mean payments spread over months.
📊 FX Risk Profile
EXTREME: 6-12 month exposure on high-value purchases (£500k-£5M). EUR and JPY volatility. FX forward contracts essential for project budgeting.
Long-term OEM relationships. German precision (quality), Chinese (price-competitive), Japanese (robotics). Service contracts maintain relationships.
Common Documentation for Machinery & Equipment
- Proforma Invoice (milestone schedule)
- Certificate of Origin
- CE/UKCA Declaration of Conformity
- Installation & Commissioning Certificate
- Factory Acceptance Test (FAT) Report
Popular New Zealand Supplier Types for Machinery & 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: Machinery & Equipment Payments to New Zealand
How do Machinery & Equipment businesses pay suppliers in New Zealand?
Machinery & 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 Machinery & Equipment suppliers?
To pay Machinery & 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 Machinery & Equipment businesses save on New Zealand payments?
Machinery & 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 Machinery & Equipment shipments from New Zealand?
Yes, Unicorn Currencies offers FREE container tracking for Machinery & 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 Machinery & Equipment businesses typically use with New Zealand?
Machinery & 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 Machinery & Equipment businesses saving £1,923 per £100k payment with t+0 (2.3s avg within unicorn network).
Bank of Canada registered PSP | FINTRAC licensed MSB