The Seafarer Account has a low minimum balance and no minimum income requirement. Combined with an optional Visa debit card and secure 24/7 internet banking, the Seafarer Account puts you in control wherever you are in the world. Once you gain employment on a yacht, setting up a bank account should be the first thing you do.
Travelling all over the world and having a standard UK (or elsewhere) bank account is not an ideal situation - the charges can often be astronomical, access can be problematic and you could have currency issues.
As a crew member, you are offered multi-currency accounts, international debit cards and full internet and phone banking services. The take on process is simplified to set up the account quickly. If you have any questions, don't hesitate to ask and we'll do our best to help.