Security Equipment — Pay Vietnamese Suppliers Faster, Cheaper
Import security systems, CCTV, access control, and surveillance equipment. 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 security equipment businesses. 0.5% spreads. Same-day VND settlement. Free container tracking.
Get a Quote for Your Next Vietnamese PaymentSecurity 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 £3,030 per £100k Payment
Typical savings for Security Equipment paying Vietnam suppliers
- ❌ 2-3 day settlement
- ❌ Hidden FX margins
- ❌ High correspondent bank fees
- ❌ Manual compliance checks
- ✓ Settles in seconds — 2.3 second average
- ✓ Transparent pricing
- ✓ NAPAS (National Payment Corporation of Vietnam) available
- ✓ 0.14s automated compliance
At £100k-£1M monthly volume, save £36,360/year
What Challenges Do Security Equipment Businesses Face Paying Vietnam?
Industry Pain Points
- Rapid technology evolution
- Certification and compliance
- Project-based ordering
- Integration complexity
Country-Specific Considerations
- State Bank of Vietnam (SBV) foreign exchange controls
- Tax identification number (TIN) required for suppliers
- Import license for certain goods
- VND is non-convertible - must use USD intermediary
How Do Security Equipment Businesses Typically Pay Vietnamese Suppliers?
Fast Settlement: Settles in seconds — 2.3 second average
Use NAPAS (National Payment Corporation of Vietnam) for instant VND settlement. Vietnam domestic payment switch
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 Vietnam regulations. State Bank of Vietnam (SBV) foreign exchange controls handled automatically.
How Security Equipment Businesses Typically Pay Vietnamese 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 milestones: deposit, delivery, installation, commissioning. Software: annual licenses.
📄 Invoice Terms
Milestone payments (projects), Net 30 (components), annual (software licenses).
Project-driven. Q4 budget flush. Maintenance contracts provide recurring revenue. Upgrade cycles 3-5 years.
📊 FX Risk Profile
MODERATE: CNY (hardware), EUR (European), USD (software licenses). Project timing allows planning.
Authorized distributor relationships for major brands. China factories for hardware. Software vendors for licenses.
Common Documentation for Security Equipment
- CE/UKCA Certificate
- GDPR Compliance
- NSI Standards Compliance
- Installation Certificate
- System Specification
Popular Vietnam Supplier Types for Security Equipment
Common Vietnam Suppliers
- Textile manufacturers (Ho Chi Minh City, Hanoi)
- Electronics assembly (Bac Ninh, Hai Phong)
- Furniture makers (Binh Duong)
- Agricultural exporters (Mekong Delta)
Payment Tips for Vietnam
- Most Vietnamese suppliers prefer USD over VND
- SWIFT still dominant - local rails underdeveloped
- Vietnam emerging as China alternative for manufacturing
- Lower labor costs but less infrastructure than China
Frequently Asked Questions: Security Equipment Payments to Vietnam
How do Security Equipment businesses pay suppliers in Vietnam?
Security Equipment businesses can pay Vietnam suppliers instantly using Unicorn Currencies. We offer a 0.5% FX spread with 2.3-second average settlement using local payment rails like NAPAS (National Payment Corporation of Vietnam). This is significantly faster and cheaper than traditional SWIFT transfers which take 2-3 days.
What banking details do I need for Vietnam Security Equipment suppliers?
To pay Security Equipment suppliers in Vietnam, you need the recipient's Bank Code + Account (Bank code and account number (SWIFT for international)), account number, and beneficiary name. Our platform validates these details automatically to ensure successful payment delivery.
How much can Security Equipment businesses save on Vietnam payments?
Security Equipment businesses typically save 86% compared to traditional banks when paying Vietnam suppliers. On a £100k transaction, that's £3,030 in savings. With Unicorn Currencies, you pay just 0.5% FX spread + £5 per payment vs banks charging 3.5% spread + £35 fees.
Is container tracking available for Security Equipment shipments from Vietnam?
Yes, Unicorn Currencies offers FREE container tracking for Security Equipment shipments from Vietnam. 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 Security Equipment businesses typically use with Vietnam?
Security Equipment businesses typically convert GBP to VND when paying Vietnam 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 Vietnam Suppliers 86% Cheaper?
Join Security Equipment businesses saving £3,030 per £100k payment with t+0 (2.3s avg within unicorn network).
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