Case Study: Royale Oceanic eliminates cash from superyachts with Bankable

Royale Oceanic - Customer Case Study

Royale Oceanic, a premier luxury yacht services provider, needed a safer and more transparent way to manage onboard spending while on charter. Instead of carrying large amounts of cash for provisions and guest expenses, the company wanted to eliminate cash from its superyachts and give crew a simpler way to track spending and report expenses. Bankable provided the prepaid card and card management platform used to address this challenge.

Bankable implemented a branded prepaid card solution with its card management platform and ‘Entities’ functionality, allowing Royale Oceanic to segregate accounts and cards by yacht while managing them centrally. By prefunding accounts, the company could make funds available instantly to crew, with real-time reporting and full visibility for management. The result was cashless yachts, improved control over expenditure, and safer, easier expense management for crew across large motor yachts worldwide.

Royale Oceanic

Russ Campbell

Director and Company Secretary