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Seafood Import: Pay Ghana Suppliers Fast

Import fresh, frozen, and processed seafood products Send GHS payments to Ghana suppliers with t+0 (2.3s avg within unicorn network). Save 87% vs traditional banks.

Save £3,535 per £100k Payment

Typical savings for Seafood Import paying Ghana suppliers

Traditional Bank
£4,040
FX Spread: 4% + £40 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
  • GhIPSS Instant Pay available
  • ✓ 0.14s automated compliance
Your Annual Savings
87%
£3,535 per £100k

At £150k-£1.5M monthly volume, save £42,420/year

Common Challenges: Seafood Import in Ghana

Industry Pain Points

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

Country-Specific Considerations

  • Bank of Ghana foreign exchange regulations
  • Ghana Revenue Authority (GRA) tax compliance
  • Cocoa exports regulated by COCOBOD
  • Mining payments require enhanced due diligence

How Unicorn Solves Seafood Import Payment Challenges in Ghana

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

Use GhIPSS Instant Pay for instant GHS settlement.Ghana Interbank Payment and Settlement System - instant transfers

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 Ghana regulations.Bank of Ghana foreign exchange regulations handled automatically.

Seafood Import Payment Profile

Understanding the payment dynamics of Seafood Import when paying Ghana 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 Ghana Supplier Types for Seafood Import

Common Ghana Suppliers

  • Cocoa exporters (Ashanti, Western Region)
  • Gold mining suppliers (Obuasi, Tarkwa)
  • Agricultural products (Various regions)
  • Textile manufacturers (Accra, Kumasi)

Payment Tips for Ghana

  • Ghana = World's 2nd largest cocoa producer
  • Gold mining significant - strict payment documentation
  • GhIPSS Instant Pay for fast settlement
  • Political stability makes Ghana attractive West African hub
Typical Transaction Size
£40k-£180k
Compliance Notice: Subject to sanctions and compliance screening. Certain industries and countries not supported.

Ready to Pay Ghana Suppliers 87% Cheaper?

Join Seafood Import businesses saving £3,535 per £100k payment with t+0 (2.3s avg within unicorn network).

Bank of Canada registered PSP | FINTRAC licensed MSB