Wine & Spirits Import — Pay Romanian Suppliers Faster, Cheaper
Wine margins are thin enough without losing 2-4% to your bank.. 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 wine & spirits import businesses. 0.5% spreads. Same-day RON settlement. Free container tracking.
Get a Quote for Your Next Romanian PaymentWine & Spirits Import 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 £2,025 per £100k Payment
Typical savings for Wine & Spirits Import paying Romania suppliers
- ❌ 2-3 day settlement
- ❌ Hidden FX margins
- ❌ High correspondent bank fees
- ❌ Manual compliance checks
- ✓ Settles in seconds — 2.3 second average
- ✓ Transparent pricing
- ✓ ReGIS (Romanian Electronic Instant Payment) available
- ✓ 0.14s automated compliance
At £200k-£2M monthly volume, save £24,300/year
What Challenges Do Wine & Spirits Import Businesses Face Paying Romania?
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
- National Bank of Romania (BNR) regulations
- VAT (19%) documentation required
- EU customs procedures apply
- Fiscal registration code (CIF) verification
How Do Wine & Spirits Import Businesses Typically Pay Romanian Suppliers?
Fast Settlement: Settles in seconds — 2.3 second average
Use ReGIS (Romanian Electronic Instant Payment) for instant RON settlement. National Bank of Romania instant 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 Romania regulations. National Bank of Romania (BNR) regulations handled automatically.
How Wine & Spirits Import Businesses Typically Pay Romanian 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
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 Romania Supplier Types for Wine & Spirits Import
Common Romania Suppliers
- Automotive parts (Pitești, Craiova)
- Textile manufacturers (Iași, Timișoara)
- IT service providers (Bucharest, Cluj-Napoca)
- Furniture makers (Suceava, Brașov)
Payment Tips for Romania
- Romania = Emerging EU manufacturing base, competitive costs
- ReGIS instant payment for fast settlement
- Strong IT services sector (Bucharest tech hub)
- Lower labor costs than Western Europe - growing nearshoring
Frequently Asked Questions: Wine & Spirits Import Payments to Romania
How do Wine & Spirits Import businesses pay suppliers in Romania?
Wine & Spirits Import businesses can pay Romania suppliers instantly using Unicorn Currencies. We offer a 0.5% FX spread with 2.3-second average settlement using local payment rails like ReGIS (Romanian Electronic Instant Payment). This is significantly faster and cheaper than traditional SWIFT transfers which take 2-3 days.
What banking details do I need for Romania Wine & Spirits Import suppliers?
To pay Wine & Spirits Import suppliers in Romania, you need the recipient's IBAN (International Bank Account Number (SEPA)), account number, and beneficiary name. Our platform validates these details automatically to ensure successful payment delivery.
How much can Wine & Spirits Import businesses save on Romania payments?
Wine & Spirits Import businesses typically save 80% compared to traditional banks when paying Romania suppliers. On a £100k transaction, that's £2,025 in savings. With Unicorn Currencies, you pay just 0.5% FX spread + £5 per payment vs banks charging 2.5% spread + £30 fees.
Is container tracking available for Wine & Spirits Import shipments from Romania?
Yes, Unicorn Currencies offers FREE container tracking for Wine & Spirits Import shipments from Romania. 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 Wine & Spirits Import businesses typically use with Romania?
Wine & Spirits Import businesses typically convert GBP to RON when paying Romania 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 Romania Suppliers 80% Cheaper?
Join Wine & Spirits Import businesses saving £2,025 per £100k payment with t+0 (2.3s avg within unicorn network).
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