Pharmaceutical & Medical Supplies: Pay Israel Suppliers Fast
Import pharmaceuticals, medical devices, and healthcare supplies Send ILS payments to Israel suppliers with t+0 (2.3s avg within unicorn network). Save 81% vs traditional banks.
Save £2,125 per £100k Payment
Typical savings for Pharmaceutical & Medical Supplies paying Israel 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
- ✓ Masav available
- ✓ 0.14s automated compliance
At £400k-£4M monthly volume, save £25,500/year
Common Challenges: Pharmaceutical & Medical Supplies in Israel
Industry Pain Points
- Strict regulatory compliance (MHRA, FDA)
- Temperature-controlled logistics
- High value, low volume shipments
- Payment timing critical for batch releases
Country-Specific Considerations
- Bank of Israel regulations
- Israeli Customs documentation
- VAT (17%) on goods and services
- Ministry of Defense approvals for defense equipment
How Unicorn Solves Pharmaceutical & Medical Supplies Payment Challenges in Israel
Fast Settlement: T+0 (2.3s avg within Unicorn network)
Use Masav for instant ILS settlement.Israel automated clearing house, widely used
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 Israel regulations.Bank of Israel regulations handled automatically.
Pharmaceutical & Medical Supplies Payment Profile
Understanding the payment dynamics of Pharmaceutical & Medical Supplies when paying Israel suppliers
⏱ Payment Timing
Payment upon batch release approval (not shipment). LC for first orders. Net 45-60 for established Indian generics suppliers.
📄 Invoice Terms
LC at sight for APIs over £100k. Net 45-60 for generics (India). Net 30 for EU medical devices. Escrow for clinical trial materials.
Steady with flu season spikes (Oct-Mar). NHS contract cycles. Pandemic/epidemic surges unpredictable. Clinical trial timelines project-based.
📊 FX Risk Profile
MODERATE: INR (generics), CHF (branded), EUR (devices). High margins (40-60%) on branded provide FX buffer. Generics (15-25%) more FX-sensitive.
Long-term relationships critical for supply continuity. Indian generics (price), Swiss/German (quality/branded). Audited supplier lists required.
Common Documentation for Pharmaceutical & Medical Supplies
- Certificate of Analysis (CoA)
- Certificate of Pharmaceutical Product (CPP)
- GDP Compliance Certificate
- Import License (MHRA)
- Temperature Log/Data Logger Records
Popular Israel Supplier Types for Pharmaceutical & Medical Supplies
Common Israel Suppliers
- Tech companies (Tel Aviv, Herzliya)
- Cybersecurity firms (Tel Aviv, Beersheba)
- Medical device manufacturers (Jerusalem, Haifa)
- AgTech companies (Negev region)
Payment Tips for Israel
- Israel = Startup nation, cybersecurity leader
- Masav standard for ILS business payments
- Tel Aviv = Tech hub, Jerusalem = Government center
- Strong R&D capabilities - innovation focus
Ready to Pay Israel Suppliers 81% Cheaper?
Join Pharmaceutical & Medical Supplies businesses saving £2,125 per £100k payment with t+0 (2.3s avg within unicorn network).
Bank of Canada registered PSP | FINTRAC licensed MSB