UKRAINE NEWS: ShipMoney offers solution for paying East European crews

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Crew payments specialist ShipMoney reports that it is getting approached by numerous ship owners and crewing managers asking how they can help pay Ukrainian and Russian seafarers who are actively asking their employers not to pay money into their bank accounts as they know it will never arrive or even if it does then they would not be able to withdraw cash or transfer money.

Stuart Ostrow, President of ShipMoney, says: “We are acutely aware that Ukrainian and Russian seafarers are very concerned about access to their salaries with many asking their employers not to send money to their bank accounts.

“ShipMoney has therefore deployed its eWallet solution (Visa Virtual cards) which will enable crew members to receive and manage their salaries in secure US Dollar accounts which are accessed via a mobile App after a simple registration process.

“ShipMoney eWallets will facilitate: bank wire transfers; sending money with Western Union and MoneyGram; mobile phone top-ups; transferring money to other ShipMoney cards; and making purchases online.

“We hope that this goes some way to helping our card holders in these extremely worrying and difficult times. Our thoughts are with all affected crew members and their families.”

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