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Wine & Spirits Import: Pay United States Suppliers Fast

Import wine, spirits, and premium alcoholic beverages from global producers 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 Wine & Spirits Import paying United States suppliers

Traditional Bank

£2,530

FX Spread: 2.5% + £30 fee

❌ 2-3 day settlement
❌ Hidden FX margins
❌ High correspondent bank fees
❌ Manual compliance checks

Unicorn Currencies

£505

FX Spread: 0.5% + £5 fee

✓ T+0 (2.3s avg within Unicorn network)
✓ Transparent pricing
✓ ACH (Automated Clearing House) available
✓ 0.14s automated compliance

Your Annual Savings

80%

£2,025 per £100k

At £200k-£2M monthly volume, save £24,300/year

Common Challenges: Wine & Spirits Import in United States

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

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 Wine & Spirits Import 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.

Wine & Spirits Import Payment Profile

Understanding the payment dynamics of Wine & Spirits Import when paying United States suppliers

⏱ Payment Timing

Harvest allocations: 50% deposit, 50% on release (12-24 months). Regular shipments: Net 30-60. Duty on release from bond.

Settlement Priority: MODERATE: Allocation-based, relationships matter more than speed. En primeur requires trust. Duty payments time-sensitive.

📄 Invoice Terms

Net 30-60 (established suppliers), 50% deposit for allocations, en primeur: 100% upfront 2 years before delivery.

Cash Flow Pattern:

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.

Supplier Relationships:

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 United States Supplier Types for Wine & Spirits Import

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

Typical Transaction Size

£75k-£300k

Compliance Notice: Subject to sanctions and compliance screening. Certain industries and countries not supported.

Ready to Pay United States Suppliers 80% Cheaper?

Join Wine & Spirits Import businesses saving £2,025 per £100k payment with t+0 (2.3s avg within unicorn network).

Open Account View United States Details

Bank of Canada registered PSP | FINTRAC licensed MSB