Banking and Payment

Banking and Payment

Burgess can set up dedicated bank accounts for your yacht, using reputable onshore banks to pay invoices, issue payment cards and provide a detailed online ledger.
 

The key activities provided by the Banking and Payment Service are as follows:

  • Prepare accurate annual budgets in collaboration with the owner and captain 
  • Conduct annual budget reviews to ensure financial efficiency 
  • Compile and maintain monthly yacht accounts for clear financial tracking 
  • Review and process invoices, ensuring timely and accurate payments 
  • Maintain a general ledger of expenditures for full transparency 
  • Provide multicurrency yacht bank accounts for seamless transactions worldwide 
  • Issue multicurrency prepaid/charge cards for yacht expenses 
  • Submit fund requests to owners in line with the approved budget and 
  • Arrange cash supplies to the yacht via a global network of agents

Ensure smooth financial operations with our expert yacht accounting services. 

Contact us today for customised financial solutions.

Yacht Support Services

Discover the Burgess difference

With a managed fleet of over 100 yachts and the largest Yacht Management team, Burgess has huge experience in solving problems, building efficiencies and supporting yachts of all sizes, including yachts under 500GT. Our new Yacht Support Services resource lets you access any aspect of that expertise when you need it. Issue by issue, we’re here to make yachting easier and more enjoyable for you.

World-class expertise and a trusted fee structure

You can have Burgess experts on the phone - for the best support and advice when you need it. Burgess is on your side, from using our knowledge to anticipate risks and liabilities, to our fee structure where all associated fees are passed onto the client or at cost.

Support available in crew services and finance

We can source and recruit crew, ensure compliance with relevant legislation and provide training. We can also manage payroll and offer advice to prevent and solve crew disputes. Financially we can set up bank accounts, sort the credit cards, upskill in Sage systems and provide a dedicated Burgess accountant.

Compliance, insurance and technical support

Get organised with our Cloud-based system, order an any-time audit, clarify complex new legislation and make compliance simple with templates. Analyse and compare different insurance options and get expert legal support with claims. Order a yacht survey with analysis and get a robust PMS with support and training.

Editorial

ALVIA delivered – a true Burgess full-service yacht

Read more

Finance that fits: 'game-changing' owner dashboard upgrades

Read more

Sign up to our newsletter

Stay in the loop

Subscribe to our newsletter to keep updated with all things Burgess.

What would you like emails about?

In order to understand how we use and protect your personal information, please read our privacy policy.

Filter your results