Timber & Wood Products: Pay United States Suppliers Fast
Import timber, lumber, plywood, and wood-based construction materials Send USD payments to United States suppliers with t+0 (2.3s avg within unicorn network). Save 80% vs traditional banks.
Save £2,025 per £100k Payment
Typical savings for Timber & Wood Products paying United States 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
- ✓ ACH (Automated Clearing House) available
- ✓ 0.14s automated compliance
At £200k-£2M monthly volume, save £24,300/year
Common Challenges: Timber & Wood Products in United States
Industry Pain Points
- Commodity price volatility
- Sustainability certification requirements
- Bulk shipping logistics
- Quality grading disputes
Country-Specific Considerations
- OFAC (Office of Foreign Assets Control) sanctions screening
- FinCEN (Financial Crimes Enforcement Network) reporting
- State-specific sales tax considerations
- Export control regulations (ITAR, EAR)
How Unicorn Solves Timber & Wood Products Payment Challenges in United States
Fast Settlement: T+0 (2.3s avg within Unicorn network)
Use ACH (Automated Clearing House) for instant USD settlement.Low-cost batch processing for recurring payments
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 United States regulations.OFAC (Office of Foreign Assets Control) sanctions screening handled automatically.
Timber & Wood Products Payment Profile
Understanding the payment dynamics of Timber & Wood Products when paying United States suppliers
⏱ Payment Timing
CAD (Cash Against Documents) common. Net 30 for established. Spot market: immediate.
📄 Invoice Terms
CAD typical, Net 30 (established), spot: immediate. LC for large tropical hardwood shipments.
Construction season driven (Mar-Oct). Stock building before season. Bulk purchases for cost efficiency.
📊 FX Risk Profile
HIGH: EUR (Scandinavia/Baltic), USD/CAD (North America), BRL (Brazil). Commodity price adds volatility.
Sawmills direct for volume. Agents for specialty species. Long-term for allocation during shortages. Certification chain critical.
Common Documentation for Timber & Wood Products
- FSC/PEFC Chain of Custody
- EUTR Due Diligence
- Phytosanitary Certificate
- Grade Certificate
- Bill of Lading
Popular United States Supplier Types for Timber & Wood Products
Common United States Suppliers
- Manufacturing equipment (Midwest)
- Technology hardware (California, Texas)
- Aerospace components (Washington, California)
- Chemical suppliers (Texas, Louisiana)
Payment Tips for United States
- Use ACH for recurring supplier payments (cheaper than wire)
- Fedwire for urgent/same-day payments
- USD is global reserve - most stable for hedging
- US banks close early (3pm EST) - plan timing
Ready to Pay United States Suppliers 80% Cheaper?
Join Timber & Wood Products businesses saving £2,025 per £100k payment with t+0 (2.3s avg within unicorn network).
Bank of Canada registered PSP | FINTRAC licensed MSB