Wine & Spirits Import: Pay Turkey Suppliers Fast
Import wine, spirits, and premium alcoholic beverages from global producers Send TRY payments to Turkey suppliers with t+0 (2.3s avg within unicorn network). Save 87% vs traditional banks.
Save £3,530 per £100k Payment
Typical savings for Wine & Spirits Import paying Turkey 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
- ✓ BKM (Interbank Card Center) available
- ✓ 0.14s automated compliance
At £200k-£2M monthly volume, save £42,360/year
Common Challenges: Wine & Spirits Import in Turkey
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
- Central Bank of Turkey (TCMB) regulations
- High inflation - TRY volatility extreme
- Many suppliers prefer EUR/USD invoicing
- Turkish customs documentation required
How Unicorn Solves Wine & Spirits Import Payment Challenges in Turkey
Fast Settlement: T+0 (2.3s avg within Unicorn network)
Use BKM (Interbank Card Center) for instant TRY settlement.Turkey's national 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 Turkey regulations.Central Bank of Turkey (TCMB) regulations handled automatically.
Wine & Spirits Import Payment Profile
Understanding the payment dynamics of Wine & Spirits Import when paying Turkey 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 Turkey Supplier Types for Wine & Spirits Import
Common Turkey Suppliers
- Textile manufacturers (Istanbul, Bursa, Denizli)
- Automotive parts (Bursa, Kocaeli)
- Agricultural exporters (Izmir, Antalya)
- White goods manufacturers (Istanbul)
Payment Tips for Turkey
- TRY highly volatile - lock rates immediately or use EUR/USD
- Turkey strategic location between Europe/Asia
- Strong textile and automotive sectors
- Political/economic volatility - use hedging
Ready to Pay Turkey Suppliers 87% Cheaper?
Join Wine & Spirits Import businesses saving £3,530 per £100k payment with t+0 (2.3s avg within unicorn network).
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