Oil & Gas Equipment — Pay Swiss Suppliers Faster, Cheaper
Import oil & gas extraction equipment, pipelines, and energy infrastructure. 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 oil & gas equipment businesses. 0.5% spreads. Same-day CHF settlement. Free container tracking.
Get a Quote for Your Next Swiss PaymentOil & Gas 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 £1,730 per £100k Payment
Typical savings for Oil & Gas Equipment paying Switzerland suppliers
- ❌ 2-3 day settlement
- ❌ Hidden FX margins
- ❌ High correspondent bank fees
- ❌ Manual compliance checks
- ✓ Settles in seconds — 2.3 second average
- ✓ Transparent pricing
- ✓ SIC (Swiss Interbank Clearing) available
- ✓ 0.14s automated compliance
At £2M-£50M monthly volume, save £20,760/year
What Challenges Do Oil & Gas Equipment Businesses Face Paying Switzerland?
Industry Pain Points
- Project-based payments (multi-year)
- High compliance requirements
- Multi-party transactions (operators, contractors)
- Currency hedging essential
Country-Specific Considerations
- Swiss National Bank oversight
- Swiss Customs documentation
- VAT (7.7%) on goods and services
- FINMA regulations for financial services
How Do Oil & Gas Equipment Businesses Typically Pay Swiss Suppliers?
Fast Settlement: Settles in seconds — 2.3 second average
Use SIC (Swiss Interbank Clearing) for instant CHF settlement. Swiss instant payment system, widely adopted
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 Switzerland regulations. Swiss National Bank oversight handled automatically.
How Oil & Gas Equipment Businesses Typically Pay Swiss 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
Project milestone payments (quarterly). Long terms: Net 90-180 days standard. Progress certificates required before payment release.
📄 Invoice Terms
Net 90-180 standard. Milestone payments per project schedule. Retention (10%) for 12-24 months. Performance bonds required.
Project-driven, oil price dependent. Quarterly milestone payments. Exploration projects front-loaded, production steady. Decommissioning growing.
📊 FX Risk Profile
EXTREME: Multi-year projects in USD, NOK, AED. £500k-£10M transactions. Oil price volatility affects project viability. Forward hedging essential.
Long-term partnerships with major service companies. Preferred supplier lists. Framework agreements for ongoing projects. JV structures common.
Common Documentation for Oil & Gas Equipment
- Project Progress Certificate
- Export License (controlled goods)
- End-User Certificate
- OFAC/Sanctions Compliance Declaration
- Insurance Certificate (rig operations)
Popular Switzerland Supplier Types for Oil & Gas Equipment
Common Switzerland Suppliers
- Precision instrument makers (Zürich, Basel)
- Pharmaceutical companies (Basel, Zug)
- Machinery manufacturers (Winterthur, St. Gallen)
- Watch manufacturers (Geneva, Neuchâtel)
Payment Tips for Switzerland
- Switzerland = Precision manufacturing, pharma (Roche, Novartis)
- SIC enables instant CHF settlement
- High quality standards - expect premium pricing
- Multilingual (German, French, Italian) - language considerations
Frequently Asked Questions: Oil & Gas Equipment Payments to Switzerland
How do Oil & Gas Equipment businesses pay suppliers in Switzerland?
Oil & Gas Equipment businesses can pay Switzerland suppliers instantly using Unicorn Currencies. We offer a 0.5% FX spread with 2.3-second average settlement using local payment rails like SIC (Swiss Interbank Clearing). This is significantly faster and cheaper than traditional SWIFT transfers which take 2-3 days.
What banking details do I need for Switzerland Oil & Gas Equipment suppliers?
To pay Oil & Gas Equipment suppliers in Switzerland, you need the recipient's IBAN (International Bank Account Number (Swiss format)), account number, and beneficiary name. Our platform validates these details automatically to ensure successful payment delivery.
How much can Oil & Gas Equipment businesses save on Switzerland payments?
Oil & Gas Equipment businesses typically save 77% compared to traditional banks when paying Switzerland suppliers. On a £100k transaction, that's £1,730 in savings. With Unicorn Currencies, you pay just 0.5% FX spread + £5 per payment vs banks charging 2.2% spread + £35 fees.
Is container tracking available for Oil & Gas Equipment shipments from Switzerland?
Yes, Unicorn Currencies offers FREE container tracking for Oil & Gas Equipment shipments from Switzerland. 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 Oil & Gas Equipment businesses typically use with Switzerland?
Oil & Gas Equipment businesses typically convert GBP to CHF when paying Switzerland 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 Switzerland Suppliers 77% Cheaper?
Join Oil & Gas Equipment businesses saving £1,730 per £100k payment with t+0 (2.3s avg within unicorn network).
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