New Professional Yacht Accounting and Payment Software Launched

In times of declining cash acceptance and ever more compliance requirements, it becomes increasing difficult to supply yachts with the required funds to ensure a seamless operation.In ports around the globe, captains can now pay for less and less with cash. They must therefore be supported by an experienced accounting and finance team with the necessary structure, knowledge and tools in place to guarantee swift and secure payments.

Through our management division based in Zürich, Ocean Independence offers dedicated yacht accounting through a premium Swiss bank with a Triple A rating, low SEPA transfer rates and extremely quick turnaround times. The high degree of banking efficiency is paired with ultimate protection of the privacy of the Owner, which remains unmatched in other jurisdictions. Access to the Client funds is secured through multi factor authentication, involving both physical and knowledge identification factors. Multiple individual debit cards can be provided to the Captain and crew, as requested by the Owner. Ocean Independence provides highly accurate, regular and swift reporting to yacht owners, including analysis of budget vs actual expenditure.

As a result of numerous yacht owners requesting these services recently, we have introduced a new secured, cloud-based service software which enables real time payment control both onboard and ashore.

All financial operations of the management division of Ocean Independence are performed in accordance with the rules and regulations of the applicable international financial market supervisory authorities. Our high level of compliance provides ultimate protection to our yacht Owners.

Now is the time to think about how to structure the funding of your yacht this summer. For further information on these ever more important services please contact: [email protected].