Breaking the Mould Group Blog

Take Control of Yacht Finances with Centtrip’s Prepaid Card

Written by Breaking the Mould Accounting | Apr 17, 2025 1:39:09 PM

Managing finances in the yachting industry isn’t just about balancing books—it’s about delivering seamless operations, protecting high-value assets, and giving owners, captains, and crew the freedom to focus on what matters: the journey. Whether you’re sailing the Mediterranean or island-hopping through the Caribbean, the Centtrip Prepaid Card is the financial solution trusted by yacht owners, managers, and captains to streamline global expenses and cut through the complexity of international transactions.

Let’s explore why the Centtrip card is becoming an indispensable part of yacht financial operations across the world.

🌍 One Card, Global Reach: Designed for the Demands of Yachting

Operating a yacht is an international affair—multiple currencies, unpredictable fuel prices, provisioning needs, port fees, and crew expenses at every stop. The Centtrip Prepaid Mastercard® is designed for this world. It allows you to hold and spend in up to 15 currencies, load funds in real-time, and lock in exchange rates when it suits your operation.

Whether you’re purchasing wine and fresh produce in Italy, fuelling in Gibraltar, or paying port fees in St. Barth’s, the Centtrip card removes the guesswork and makes global transactions smoother and more cost-effective.

⚓ Onboard Expense Management: Empowering Captains with Control

Captains and yacht managers carry the responsibility of ensuring daily operations run without financial friction. With the Centtrip card, you gain a level of control that traditional banking methods simply can’t offer.

Here’s how:

  • Allocate cards to crew or departments (e.g., deck, interior, engineering).

  • Set spending limits per card based on role, function, or season.

  • Monitor all expenses in real-time through a centralised dashboard or mobile app.

  • Top up instantly via the app if unexpected needs arise in port.

No more surprise costs, no more chasing receipts at the end of a busy charter week—just clear, instant control over every euro, dollar, or pound spent.

💳 Ditch the Cash, Elevate Security

Carrying large sums of cash onboard is still a norm for many vessels, but it brings inherent risk—loss, theft, and lack of accountability. Centtrip eliminates the need for cash floats by enabling secure digital fund allocation, protected with real-time control.

  • Instant freeze/unfreeze functionality for any card.

  • No direct link to yacht bank accounts—keeping primary funds secure.

  • Chip & PIN and contactless-enabled for quick and secure transactions globally.

  • If a card is lost or stolen, a replacement can be dispatched rapidly anywhere in the world.

It’s no surprise that captains report greater peace of mind using Centtrip, especially when dealing with busy charter guests or remote provisioning runs.

                                                                               

🛥️ Tailored for Yacht Managers and Family Offices

For yacht management companies or family offices handling multiple vessels, the benefits compound.

  • Bulk issuing of prepaid cards for fleet operations.

  • Transparent fund allocation by yacht, department, or project.

  • Easy multi-user access to online dashboards for finance teams and management personnel.

  • Automated reporting for accounting and reconciliation, ready for internal audits or client reporting.

This level of financial clarity helps eliminate time-consuming admin work, reduces paperwork, and strengthens compliance processes.

👥 Crew Payroll & Per Diem Support

Paying crew while offshore can be a logistical headache. Centtrip simplifies this with prepaid cards that double as crew payroll or per diem tools.

  • Issue cards to crew members for monthly stipends, expenses, or trip-related needs.

  • Top-up funds remotely, instantly.

  • Avoid costly international wire transfers or delays in offshore locations.

  • Withdraw cash in local currency as needed from any Mastercard-compatible ATM.

Crew benefit from faster access to funds, and managers benefit from less banking hassle. It’s a win-win.

📲 Real-Time Mobile Management

Whether you’re anchored off Mykonos or cruising off the coast of Antigua, Centtrip keeps you connected and in control. The mobile app and online platform provide:

  • Live balances and transaction history for every card.

  • Instant card top-ups or currency exchange.

  • Customisable user permissions for security and delegation.

  • Full transaction search and filtering capabilities for quick reporting.

Yacht managers appreciate the ability to approve or review expenses from anywhere in the world, at any time of day—no need to wait for office hours or internet cafés.

📊 Automated Reporting: From Deck to Desktop

Financial transparency isn’t a luxury in the yachting world—it’s a necessity. Whether reporting to an owner, charter guest, or corporate management office, Centtrip provides the tools to simplify reconciliation:

  • Exportable transaction logs in multiple formats.

  • Tag expenses by trip, department, or crew member.

  • Easily integrate with accounting software or manual bookkeeping systems.

During busy charter seasons, these tools save hours of work, especially when managing multiple currencies or expense categories across different ports of call.

Trusted by the Yachting Elite

From 30-metre charter yachts to 100-metre private superyachts, Centtrip is already a staple in the financial toolkit of some of the world’s most prestigious vessels. Why? Because it offers more than just convenience—it offers confidence.

  • Confidence that every euro spent is traceable.

  • Confidence that crew expenses are under control.

  • Confidence that charter operations will run without delay due to banking logistics.

Centtrip understands the pace, pressure, and prestige of the yachting world—and its products reflect that understanding in every detail.

Final Thoughts: Ready to Streamline Your Yacht’s Financial Journey?

In an industry where timing, discretion, and flexibility are everything, the Centtrip Prepaid Card gives yacht owners, captains, and managers a strategic advantage. Whether you’re looking to modernise your expense system, eliminate cash risks, or take control of multi-currency spending, Centtrip is ready to come aboard.

At Breaking the Mould Accounting Limited, we don’t just understand accounting—we understand the unique complexities of high-value asset management, international operations, and luxury industries like yachting. From setting up Centtrip accounts, to multi-jurisdictional tax planning, crew payroll support, and transparent yacht cost reporting, our team is here to ensure your vessel runs as efficiently on paper as it does at sea.