Railway Equipment: Pay China Suppliers Fast
Import railway components, rolling stock parts, and rail infrastructure Send CNY payments to China suppliers with t+0 (2.3s avg within unicorn network). Save 83% vs traditional banks.
Save £2,525 per £100k Payment
Typical savings for Railway Equipment paying China 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
- ✓ Alipay available
- ✓ 0.14s automated compliance
At £500k-£10M monthly volume, save £30,300/year
Common Challenges: Railway Equipment in China
Industry Pain Points
- Long procurement cycles
- Safety certification requirements
- Large contract values
- Multi-year project timelines
Country-Specific Considerations
- SAFE (State Administration of Foreign Exchange) compliance required
- Commercial invoices must match payment purpose
- Dual-currency accounting may be needed for large volumes
- Capital controls apply to CNY flows
How Unicorn Solves Railway Equipment Payment Challenges in China
Fast Settlement: T+0 (2.3s avg within Unicorn network)
Use Alipay for instant CNY settlement.Instant mobile payments, widely accepted by suppliers
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 China regulations.SAFE (State Administration of Foreign Exchange) compliance required handled automatically.
Railway Equipment Payment Profile
Understanding the payment dynamics of Railway Equipment when paying China suppliers
⏱ Payment Timing
Milestone payments over multi-year projects. Net 60-90 for components. Government contracts: complex terms.
📄 Invoice Terms
Milestones (projects), Net 60-90 (components), framework agreements.
Government budget cycles. Multi-year projects. Franchise renewals. Maintenance contracts provide recurring.
📊 FX Risk Profile
HIGH: EUR (European suppliers), multi-year exposure. Large values. Forward contracts essential.
Long-term OEM partnerships. Approved supplier lists. Safety certification critical. Framework agreements.
Common Documentation for Railway Equipment
- TSI Declaration
- Type Approval Certificate
- Safety Case
- Test Reports
- Maintenance Manual
Popular China Supplier Types for Railway Equipment
Common China Suppliers
- Textile manufacturers (Guangzhou, Shenzhen)
- Electronics suppliers (Shenzhen, Shanghai)
- Machinery manufacturers (Ningbo, Dongguan)
- Consumer goods factories (Yiwu, Foshan)
Payment Tips for China
- Avoid SWIFT fees (3-4%) by using local rails like UnionPay or CIPS
- Schedule payments before Chinese holidays (CNY week shuts down)
- Use freight forwarder as commercial invoice reference
- Lock FX rates before placing large orders to protect margins
Ready to Pay China Suppliers 83% Cheaper?
Join Railway Equipment businesses saving £2,525 per £100k payment with t+0 (2.3s avg within unicorn network).
Bank of Canada registered PSP | FINTRAC licensed MSB