Wine & Spirits Import: Pay Chile Suppliers Fast
Import wine, spirits, and premium alcoholic beverages from global producers Send CLP payments to Chile suppliers with t+0 (2.3s avg within unicorn network). Save 81% vs traditional banks.
Save £2,220 per £100k Payment
Typical savings for Wine & Spirits Import paying Chile 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
- ✓ TEF (Transferencia Electrónica de Fondos) available
- ✓ 0.14s automated compliance
At £200k-£2M monthly volume, save £26,640/year
Common Challenges: Wine & Spirits Import in Chile
Industry Pain Points
- Duty and excise payments (large upfront costs)
- Bonded warehouse management
- Seasonal harvest allocation payments
- En primeur futures (pay 2 years ahead)
Country-Specific Considerations
- Banco Central de Chile regulations
- Servicio Nacional de Aduanas documentation
- IVA (VAT 19%) on goods and services
- Chilean Copper Commission oversight
How Unicorn Solves Wine & Spirits Import Payment Challenges in Chile
Fast Settlement: T+0 (2.3s avg within Unicorn network)
Use TEF (Transferencia Electrónica de Fondos) for instant CLP settlement.Chilean electronic funds transfer 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 Chile regulations.Banco Central de Chile regulations handled automatically.
Wine & Spirits Import Payment Profile
Understanding the payment dynamics of Wine & Spirits Import when paying Chile suppliers
⏱ Payment Timing
Harvest allocations: 50% deposit, 50% on release (12-24 months). Regular shipments: Net 30-60. Duty on release from bond.
📄 Invoice Terms
Net 30-60 (established suppliers), 50% deposit for allocations, en primeur: 100% upfront 2 years before delivery.
Seasonal harvest payments (Sep-Nov). Christmas sales peak. En primeur cash-intensive. Duty payments create cash flow gaps.
📊 FX Risk Profile
HIGH: EUR dominates (70%). En primeur creates 2-year FX exposure. AUD/NZD for New World. Forward contracts essential for futures.
Long-term estate relationships essential for allocations. Négociants for volume. Direct relationships for fine wine. Loyalty rewarded with allocations.
Common Documentation for Wine & Spirits Import
- VI-1 Form (wine)
- Commercial Invoice
- AAD (Administrative Accompanying Document)
- Excise Movement Guarantee
- Certificate of Origin
Popular Chile Supplier Types for Wine & Spirits Import
Common Chile Suppliers
- Copper mines (Atacama region)
- Wine exporters (Central Valley, Colchagua)
- Fruit growers (Central Valley)
- Salmon farms (Los Lagos region)
Payment Tips for Chile
- Chile = Copper leader (30% global supply), lithium exporter
- TEF standard for CLP payments
- Santiago = Main business hub
- Commodity-driven economy - pricing tied to metal/agricultural markets
Ready to Pay Chile Suppliers 81% Cheaper?
Join Wine & Spirits Import businesses saving £2,220 per £100k payment with t+0 (2.3s avg within unicorn network).
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