🇫🇷 Pay Suppliers in France
Pay French suppliers for luxury goods, aerospace, wine, pharmaceuticals, fashion
T+0 (2.3s avg within Unicorn network). Save 75% vs traditional banks.
What you need to send money to France
What details do I need to pay suppliers in France?
To pay suppliers in France you need the recipient's IBAN + BIC (International Bank Account Number), plus account number and beneficiary name. Payments typically settle in 2.3 seconds and cost 0.5% FX spread + £5 per payment.
How fast are payments to France?
Payments to France settle in an average of 2.3 seconds when using local rails such as SEPA Instant Credit Transfer, compared to 2–3 days via traditional SWIFT.
How much does it cost to send money to France?
Unicorn Currencies charges 0.5% FX spread and £5 per payment. You save about 75% versus banks (e.g. £505 vs £2030 on a £100k transaction).
Cost Comparison: Banks vs Unicorn Currencies
See how much you save on £100,000 payment to France
| Cost Item | Traditional Banks | Unicorn Currencies |
|---|---|---|
| FX Spread | 2% | 0.5% |
| Payment Fee | £30 | £5 |
| Total Cost (£100,000) | £2,030 | £505 |
| YOUR SAVINGS | N/A | £1,525 (75%) |
| Settlement Time | 2-3 days (SWIFT) | T+0 (2.3s avg within Unicorn network) |
Local Payment Rails in France
Avoid expensive SWIFT fees. We use local payment systems in France for faster, cheaper settlement.
SEPA Instant Credit Transfer
Instant EUR payments across France and Europe
Target2-Securities
Harmonized securities settlement platform
CORE (FR)
French national clearing system for bulk payments
Who Uses This Payment Corridor
Key Industries in France
- Aerospace
- Luxury Goods
- Wine & Spirits
- Pharmaceuticals
- Fashion & Apparel
Average Transaction: £60k-£280k
Typical Monthly Volume: £300k-£3.5M
Popular Supplier Types
- Aerospace suppliers (Toulouse, Paris)
- Luxury goods manufacturers (Paris, Lyon)
- Wine producers (Bordeaux, Burgundy, Champagne)
- Fashion houses (Paris, Nice)
What You Need to Know: France Payments
Regulatory Considerations
- ACPR (Prudential Supervision Authority) oversight
- VAT (20%) documentation required
- French commercial invoice requirements (facture)
- IBAN mandatory for all EUR payments
Payment Tips for France
- France = Luxury goods and aerospace leader, premium quality
- Wine/spirits imports require specific customs documentation
- French suppliers value long-term relationships and punctual payment
- Paris and Lyon hubs for fashion and aerospace respectively
Why Choose Unicorn for France Payments
Local Rails, Not SWIFT
We use SEPA Instant Credit Transfer and other local systems in France. Avoid 3-4% SWIFT fees and 2-3 day delays.
75% Lower Costs
Save £1,525 on every £100,000 payment. On £300k-£3.5M monthly volume, save up to £45,750 annually.
Bank of Canada Supervised
Registered Payment Service Provider (PSP) and FINTRAC MSB. Full regulatory compliance for France payments.
Real-Time FX Tracking
Upload supplier invoices in EUR. See live P/L as GBP/EUR rates move. Lock rates for 15 seconds before committing.
£1,000,000+ Paying Suppliers in France? Save 75%
Enterprise treasury for import/export businesses with T+0 (2.3s avg within Unicorn network) settlement to France
For businesses with high annual FX volume. Not consumer transfers.