MANAGERS

• Streamline payroll processes

• Reduce the need for cash on-board the vessel.

• Remove need for in port Cash advance.

• One transaction for whole payroll

• Payroll processing/no need for multiple foreign currency accounts

• Easily interfaces with existing payroll programs

• Fulfill termination pay requirements more easily

• Remove the MLC 2006 issues of timely in port payments.

• Reduction in costs

• Improve Treasury Function with improved cash flow management

• Heavily reduced pay dissemination costs and fees

• Reduction in risk of moving US currency to vessel – theft and personal.

• Minimise Exception payroll processing

• Separate Ships card for purchasing and control

• Improve staff retention

• Increase crew member satisfaction and productivity by providing full low cost banking solutions

• HIGH SECURITY

• Heavily Reduce “Cash to Master” and relieve “Cash Advance” requirements on board

• Contribute to corporate sustainability initiatives

Corporate MasterCard for Port State fees, purchases and control