SHIP

OWNERS

MANAGERS

CREW

Employer Benefits

SECURITY

  • High security

  • Reduced risk of piracy, theft & fraud and personal risk moving US currency to vessel

  • Robust & dynamic security systems powered by Paywiser®

REDUCE CASH

  • Remove need for in-port cash advance

  • Reduce the need for cash on board the vessel

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

  • Improve security & accountability

SIMPLIFY PAYROLL PROCESSES

  • User-friendly

  • Streamline payroll processes

  • Easily interfaces with existing payroll programs

  • One transaction for whole payroll

  • No need for multiple foreign currency accounts

  • Fulfill termination pay requirements more easily

  • Pay or receive funds with QR code

  • Minimise exception payroll processing

IMPROVED FINANCIAL MANAGEMENT

  • Reduction in costs

  • Heavily reduced pay dissemination costs and fees

  • Digital transfer of funds (even without internet connection)

  • Settlement & reconciliation reports

  • Improve treasury function with improved cash flow management

  • Separate ship card for purchasing and control

  • Transfer funds to any Visa or Mastercard product

  • Remove the MLC 2006 issues around timely in-port payments

  • Competitive, real-time FX trading engine with rates sourced directly from market

  • Ability to nominate own FX provider

  • Alternative currency cards available, including pre-paid cards linked to gold bullion or loyalty point accounts

EMPLOYEE SATISFACTION

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

  • Multicurrency cards allowing flexible fund management

  • Loyalty & rewards: cashback programs & points management solutions

  • Contribute to corporate social responsibility initiatives

Corporate MasterCard for Port State fees, purchases and control

© 2020 SEAFARER FOUNDATION

Seafarer Foundation is a trading name for Secure Seas Pty Ltd

Australian Company Number 602 297 110

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