New electronic payment system will make banking easier for seafarers

An international bank account that serves as a wage account and that seafarers can use for withdrawals and transfers could help lower the risk of piracy and fraud, says organization Secure Seas, which set up the new system.

Photo: Philip Davali/EB

With a new payment platform, Secure Seas is offering an international bank account that enables seafarers to conduct banking transactions no matter where they are in the world.

An account is not affiliated with any one nation and comes with a debit card that allows the user to withdraw cash or transfer money back home. Payments and transfers can be made via PC or smart phone, and the account can act as a wage account.

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