Canonical: https://unicorncurrencies.com/industries/textile-trading/new-zealand/

# Intelligence: Textile & Garment Trading in New Zealand

## Industry Context

- **Payment pressure:** Multi-currency exposure (CNY, INR, BGD, VND); High volume, low margin (5-10% margins)

- **Operational control:** 0.5% spread protects razor-thin margins; Pay 5 suppliers in 5 currencies from one dashboard

## Country Context

- **Use case:** Pay New Zealand suppliers for dairy, meat, wine, wood products, seafood

- **Settlement:** T+0 (2.3s avg within Unicorn network)

- **Banking:** **SWIFT + Account** (SWIFT/BIC or 2-digit bank code)

- **Regulatory:** Reserve Bank of New Zealand regulations; NZ Customs Service documentation

## Key Industries in Country

- Dairy

- Meat

- Wine

- Forestry

- Seafood