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Centtrip in action

Friday • St. Maarten / St. Martin

Fruits de Mer – EUR 295.00

Awaiting the new charter party, Mr Chevalier and family. We embark this evening for the short hop to Anguilla. The client’s advance provisioning allowance (APA) is in the yacht’s Centtrip account and budgets have been allocated and loaded onto the crew’s cards. Chef’s already been spending – fresh lobster for the welcome dinner.

New crew-member Jody joined today. Her Centtrip card arrived in the post before her.

  • Manage multiple accounts and cards from the app.
  • User-set hierarchies make it simple to cascade and manage budgets.
  • Responsive 24/7 customer service.
Saturday • Anguila

Quetzal Air Charter Services – MXN 190,000.00

The party wants to fly a surprise guest over from Mexico to meet the yacht in Antigua. Luckily, the aircraft charter company’s also on Centtrip, so we can make an instant, no-fee payment, in Mexican pesos (MXN).

Also booked private scuba diving around the Spanish galleon, El Buen Consejo.

New girl Jody’s lost her card. Locked it instantly using the Centtrip app.

  • Simple, international payments. Instant and fee-free on CenttripNow.
  • Switch currencies instantly at low, transparent rates.
  • Instantly lock or unlock your card from the app.
Monday • St. Barts

ATM – EUR 3,000

An unplanned shore-trip on St. Barts requires spending money in euros. A quick trip to a port-side ATM and problem solved. The Centtrip prepaid Mastercard is accepted worldwide, including any ATM displaying the Mastercard logo.

Secured a table at Eden Rock for the party. Deposit paid with Centtrip.

Made the most of the stopover to re-stock on champagne.

Oh, and Jody found her card. Unlocked again.

  • Highest card transactions limits on the market.
  • Hold up to £350,000 in 15 currencies on your card.
  • Withdraw up to £4,000 from ATMs worldwide.
Wednesday • Antigua

Batch payment – USD 997.00

Happy crew! Last week’s charter party left the balance of their APA as a gratuity. Our Charter Accountant paid it out as a batch payment on Centtrip to all the crew, today.

Chef hit the local fish market to restock his galley. Fresh swordfish, a bargain. He scans and tags each receipt on the Centtrip app so we can keep track of – and account for – everything we spend.

  • Batch payments and accounting system integration.
  • Scan and tag receipts for easy analysis.
Friday • St. Kitts and Nevis

Basseterre Entertainments – USD 2,000.00

Let’s have a band onboard, he said. No problem, thanks to a local agency and the Centtrip prepaid Mastercard.

It’s end of voyage and this will be one of the last charges against the guests’ account. Centtrip’s real-time reporting ensures we don’t miss any charges, while scanned receipts make it simple to account for every charge.

What’s more, holding multiple currencies in a single account means low transaction charges.
  • Manage multiple accounts with real-time reporting from the app.
  • Avoid unnecessary costs by holding multiple currencies in your account.
  • Low, fair and transparent rates put you in control of your multi-currency balances.

Trusted by

Your trusted partner

Extension of your team

Your dedicated account manager and FX consultant are on hand and available for day-to-day support and specialist services.

Tailored fee structure

We provide fair and transparent pricing that is both clear and competitive. All fees are guaranteed, fixed and tailored to your specific needs and budget.

Unrivaled expertise

We understand your industry and your business and have experts in banking, payments, foreign exchange, wealth management, compliance and technology.

Trust and transparency

We believe in long-lasting relationships based on trust and work with you to create a tailored approach to managing your expenditure, payments and foreign exchange.

Award-winning technology

Our multi-currency account, card and app are built on innovative API-driven technology which has won multiple global tech awards.

Your security is our highest priority

Authorised and regulated by the FCA we adhere to strict protocols to maintain best-in-class compliance procedures and ensure total security of your finances and data.

What our clients say

“Speed and service are paramount within the yachting industry. The client support team at Centtrip are second to none, always on hand to make our lives easier and subsequently our clients’. The technology platform that Centtrip has, is clear, fast and effective. It’s great to have a financial partner that is not only trustworthy and competent but that also has an in depth understanding of the luxury yachting space”

Phillip Holden, Management Director, Bluewater Yachting

“Year on Year, Northrop & Johnson has seen its client book grow, onboarding more yachts each season. With a financial partner such as Centtrip, and through its industry-leading platform, our Captains are well equipped to manage APAs [advance provisioning allowances] in an easy to use and effective manner. Centtrip has enabled us to remove the need for cash onboard our vessels, which benefits our business, our captains and our clients. The real-time reporting features keep us up to date 24/7 enabling our Captains to stay on budget and know in advance if more funds will be required. It gives us the ability to instantly reconcile accounts when dealing with back to back charters as well as provide the Charterer with details for expenditures straight away.”

Maria Giovanniello, Director of Finance and HR, Northrop & Johnson

“The Centtrip app is ideal because it’s really user-friendly and gives captains real-time reporting of transactions, 24/7 from anywhere in the world.”

Farid El Khazzar, Charter Accountant, Edmiston

“Centtrip makes it all seamless. The simple interface, the ease of use and the flexibility. I can’t sing its praises highly enough. Centtrip’s taken what was the worst part of management and made it something you want to shout about from the rooftops.”

Rob Dolling, Director of Sales & Purchase, Management and New Construction, VERPEKA DOLLING

Resources

Explore our latest insights and resources to support your international payments needs.

12 ways to world-class yacht operations

Every superyacht is an internationally mobile, multi-million-dollar business. Our new, free-to-download guide can help you to achieve operational excellence.

Is this the ultimate expenses management challenge?

“The Centtrip app is ideal because it’s really user-friendly and gives captains real-time reporting of transactions, 24/7 from anywhere in the world.”

Farid El Khazzar, Charter Accountant, Edmiston

How to develop your currency strategy

How much do exchange rate movements affect your business? Possibly, more than you imagine. Our new free Centtrip guide can help you to manage your business exposure to foreign exchange rate risk.

An exchange rate opportunity for luxury assets?

These are turbulent times for exchange rates but, amidst the ups and downs, the US dollar is strong against both euro and sterling. That could create opportunities for cash-rich US buyers.

Navigating the choppy waters of currency exposure

Currency exposure can significantly impact profitability in the yacht industry, prompting the need for effective currency risk management and structured strategies to mitigate potential risks.

The hidden cost of yacht payroll processing

Making monthly, international salary payments for yacht crew is expensive. Wire transfer fees alone can add 0.5% to 1.0% to salary costs while delays in receiving payments can lower crew morale.

Centtrip app screenshots

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Talk to us

To open a Centtrip account or to get more information about our products and services, call us today on +44 (0)20 3735 1735 or complete the form below.

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