🇳🇿 Pay Suppliers in New Zealand
Pay New Zealand suppliers for dairy, meat, wine, wood products, seafood
T+0 (2.3s avg within Unicorn network). Save 79% vs traditional banks.
What you need to send money to New Zealand
What details do I need to pay suppliers in New Zealand?
To pay suppliers in New Zealand you need the recipient's SWIFT + Account (SWIFT/BIC or 2-digit bank code), 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 New Zealand?
Payments to New Zealand settle in an average of 2.3 seconds when using local rails such as Osko (via Australia), compared to 2–3 days via traditional SWIFT.
How much does it cost to send money to New Zealand?
Unicorn Currencies charges 0.5% FX spread and £5 per payment. You save about 79% versus banks (e.g. £505 vs £2428 on a £100k transaction).
Cost Comparison: Banks vs Unicorn Currencies
See how much you save on £100,000 payment to New Zealand
| Cost Item | Traditional Banks | Unicorn Currencies |
|---|---|---|
| FX Spread | 2.4% | 0.5% |
| Payment Fee | £28 | £5 |
| Total Cost (£100,000) | £2,428 | £505 |
| YOUR SAVINGS | N/A | £1,923 (79%) |
| Settlement Time | 2-3 days (SWIFT) | T+0 (2.3s avg within Unicorn network) |
Local Payment Rails in New Zealand
Avoid expensive SWIFT fees. We use local payment systems in New Zealand for faster, cheaper settlement.
Osko (via Australia)
Fast payment to NZ via Australian rails
ESAS (Electronic Settlement Account System)
RBNZ RTGS for large payments
Bulk Electronic Clearing System
Standard NZ bank transfers
Who Uses This Payment Corridor
Key Industries in New Zealand
- Dairy
- Meat
- Wine
- Forestry
- Seafood
Average Transaction: £55k-£270k
Typical Monthly Volume: £340k-£3.4M
Popular Supplier Types
- Dairy exporters (Waikato, Canterbury)
- Meat processors (Canterbury, Otago)
- Wine producers (Marlborough, Hawke's Bay)
- Forestry companies (Northland, Bay of Plenty)
What You Need to Know: New Zealand Payments
Regulatory Considerations
- Reserve Bank of New Zealand regulations
- NZ Customs Service documentation
- GST (15%) on goods and services
- MPI (Ministry for Primary Industries) biosecurity
Payment Tips for New Zealand
- New Zealand = Dairy leader (Fonterra), premium wine
- Close integration with Australian payment systems
- Auckland + Wellington = Main business centers
- Strict biosecurity - documentation critical for food/agriculture
Why Choose Unicorn for New Zealand Payments
Local Rails, Not SWIFT
We use Osko (via Australia) and other local systems in New Zealand. Avoid 3-4% SWIFT fees and 2-3 day delays.
79% Lower Costs
Save £1,923 on every £100,000 payment. On £340k-£3.4M monthly volume, save up to £57,690 annually.
Bank of Canada Supervised
Registered Payment Service Provider (PSP) and FINTRAC MSB. Full regulatory compliance for New Zealand payments.
Real-Time FX Tracking
Upload supplier invoices in NZD. See live P/L as GBP/NZD rates move. Lock rates for 15 seconds before committing.
£1,000,000+ Paying Suppliers in New Zealand? Save 79%
Enterprise treasury for import/export businesses with T+0 (2.3s avg within Unicorn network) settlement to New Zealand
For businesses with high annual FX volume. Not consumer transfers.