Marine & Shipping Equipment — Pay Moroccan Suppliers Faster, Cheaper
Maritime businesses lose more to FX spreads than to fuel price swings.. 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 marine & shipping equipment businesses. 0.5% spreads. Same-day MAD settlement. Free container tracking.
Get a Quote for Your Next Moroccan PaymentMarine & Shipping 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 £2,419 per £100k Payment
Typical savings for Marine & Shipping Equipment paying Morocco suppliers
- ❌ 2-3 day settlement
- ❌ Hidden FX margins
- ❌ High correspondent bank fees
- ❌ Manual compliance checks
- ✓ Settles in seconds — 2.3 second average
- ✓ Transparent pricing
- ✓ SIMT (Système Interbancaire Marocain de Télé-compensation) available
- ✓ 0.14s automated compliance
At £300k-£5M monthly volume, save £29,028/year
What Challenges Do Marine & Shipping Equipment Businesses Face Paying Morocco?
Industry Pain Points
- High-value specialized equipment
- Regulatory compliance (maritime safety)
- Long lead times for custom builds
- Multi-location delivery (ports worldwide)
Country-Specific Considerations
- Bank Al-Maghrib FX regulations
- Moroccan Customs documentation
- VAT (20%) on goods and services
- Office des Changes oversight for FX transactions
How Do Marine & Shipping Equipment Businesses Typically Pay Moroccan Suppliers?
Fast Settlement: Settles in seconds — 2.3 second average
Use SIMT (Système Interbancaire Marocain de Télé-compensation) for instant MAD settlement. Moroccan interbank clearing system
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 Morocco regulations. Bank Al-Maghrib FX regulations handled automatically.
How Marine & Shipping Equipment Businesses Typically Pay Moroccan 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 payments for new builds. Net 30-45 for spares. Urgent spares: immediate payment.
📄 Invoice Terms
Milestones for projects, Net 30-45 for regular orders, urgent spares: immediate.
Project-based for new builds. Spares: ongoing operational need. Refit cycles (typically winter). Emergency purchases unpredictable.
📊 FX Risk Profile
MODERATE-HIGH: EUR (Netherlands/Germany), JPY (engines), NOK (Norway). Large values but predictable project timing.
Long-term OEM relationships. Approved supplier lists. Classification society requirements. Quality and certification critical.
Common Documentation for Marine & Shipping Equipment
- Classification Certificate
- Type Approval Certificate
- SOLAS Compliance
- Manufacturer Declaration
- Test Reports
Popular Morocco Supplier Types for Marine & Shipping Equipment
Common Morocco Suppliers
- Phosphate mines (Khouribga, Benguerir)
- Textile factories (Tangier, Casablanca)
- Automotive parts (Tangier, Kenitra)
- Agricultural exporters (Agadir, Marrakech)
Payment Tips for Morocco
- Morocco = Phosphate leader (70% global reserves), automotive hub
- SIMT standard for MAD payments
- Casablanca + Tangier = Main business/manufacturing centers
- EU trade ties - close integration with European supply chains
Frequently Asked Questions: Marine & Shipping Equipment Payments to Morocco
How do Marine & Shipping Equipment businesses pay suppliers in Morocco?
Marine & Shipping Equipment businesses can pay Morocco suppliers instantly using Unicorn Currencies. We offer a 0.5% FX spread with 2.3-second average settlement using local payment rails like SIMT (Système Interbancaire Marocain de Télé-compensation). This is significantly faster and cheaper than traditional SWIFT transfers which take 2-3 days.
What banking details do I need for Morocco Marine & Shipping Equipment suppliers?
To pay Marine & Shipping Equipment suppliers in Morocco, you need the recipient's IBAN (24-character IBAN (Morocco MA format)), account number, and beneficiary name. Our platform validates these details automatically to ensure successful payment delivery.
How much can Marine & Shipping Equipment businesses save on Morocco payments?
Marine & Shipping Equipment businesses typically save 83% compared to traditional banks when paying Morocco suppliers. On a £100k transaction, that's £2,419 in savings. With Unicorn Currencies, you pay just 0.5% FX spread + £5 per payment vs banks charging 2.9% spread + £24 fees.
Is container tracking available for Marine & Shipping Equipment shipments from Morocco?
Yes, Unicorn Currencies offers FREE container tracking for Marine & Shipping Equipment shipments from Morocco. 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 Marine & Shipping Equipment businesses typically use with Morocco?
Marine & Shipping Equipment businesses typically convert GBP to MAD when paying Morocco 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 Morocco Suppliers 83% Cheaper?
Join Marine & Shipping Equipment businesses saving £2,419 per £100k payment with t+0 (2.3s avg within unicorn network).
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