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Seafood Import: Pay Colombia Suppliers Fast

Import fresh, frozen, and processed seafood products Send COP payments to Colombia suppliers with t+0 (2.3s avg within unicorn network). Save 83% vs traditional banks.

Save £2,419 per £100k Payment

Typical savings for Seafood Import paying Colombia suppliers

Traditional Bank
£2,924
FX Spread: 2.9% + £24 fee
  • ❌ 2-3 day settlement
  • ❌ Hidden FX margins
  • ❌ High correspondent bank fees
  • ❌ Manual compliance checks
Unicorn Currencies
£505
FX Spread: 0.5% + £5 fee
  • T+0 (2.3s avg within Unicorn network)
  • ✓ Transparent pricing
  • PSE (Pagos Seguros en Línea) available
  • ✓ 0.14s automated compliance
Your Annual Savings
83%
£2,419 per £100k

At £150k-£1.5M monthly volume, save £29,028/year

Common Challenges: Seafood Import in Colombia

Industry Pain Points

  • Cold chain integrity critical
  • Perishability and shelf life
  • Catch quotas and sustainability
  • Health certificate requirements

Country-Specific Considerations

  • Banco de la República de Colombia regulations
  • DIAN (Tax Authority) documentation
  • IVA (VAT 19%) on goods and services
  • Customs declaration requirements

How Unicorn Solves Seafood Import Payment Challenges in Colombia

Fast Settlement: T+0 (2.3s avg within Unicorn network)

Use PSE (Pagos Seguros en Línea) for instant COP settlement.Colombia instant online payment 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 Colombia regulations.Banco de la República de Colombia regulations handled automatically.

Seafood Import Payment Profile

Understanding the payment dynamics of Seafood Import when paying Colombia suppliers

Payment Timing

Fresh: payment on delivery or CAD. Frozen: Net 30. Auction purchases: immediate.

Settlement Priority: CRITICAL for fresh: Spoilage risk means fast payment = priority handling. Cold chain delays = total loss.

📄 Invoice Terms

CAD (fresh), Net 30 (frozen), immediate (auctions). LC for large frozen consignments.

Cash Flow Pattern:

Continuous demand. Fishing seasons affect supply. Christmas/Easter peaks. Fresh requires constant ordering.

📊 FX Risk Profile

HIGH: NOK (salmon), EUR (European), VND (shrimp). Commodity pricing + FX. Fresh product timing critical.

Supplier Relationships:

Direct relationships with processors. Auction participation for fresh. Long-term contracts for consistency. Sustainability credentials important.

Common Documentation for Seafood Import

  • Health Certificate
  • Catch Certificate (IUU)
  • Temperature Log
  • MSC Chain of Custody
  • Veterinary Certificate

Popular Colombia Supplier Types for Seafood Import

Common Colombia Suppliers

  • Coffee exporters (Eje Cafetero region)
  • Flower growers (Bogotá savanna)
  • Textile factories (Medellín, Bogotá)
  • Emerald traders (Bogotá)

Payment Tips for Colombia

  • Colombia = Coffee leader (3rd globally), flower exporter (2nd globally)
  • PSE widely adopted for COP payments
  • Bogotá + Medellín + Cali = Main business centers
  • Improving security situation - verify supplier locations
Typical Transaction Size
£30k-£145k
Compliance Notice: Subject to sanctions and compliance screening. Certain industries and countries not supported.

Ready to Pay Colombia Suppliers 83% Cheaper?

Join Seafood Import businesses saving £2,419 per £100k payment with t+0 (2.3s avg within unicorn network).

Bank of Canada registered PSP | FINTRAC licensed MSB