Cash To Master
Fair Price and Flexible Services
BALANCIA Ship Agency
At Balancia, our Husbandry services go beyond mere port call formalities. We understand that when a vessel docks, the needs are multifaceted — from the timely delivery of ship spares, provisions, and bunker fuel to the welfare of its crew. With our expansive local knowledge and a network of trusted suppliers, we ensure your ship’s requirements are catered to with the utmost efficiency. Whether crew transfers, medical emergencies, or cash-to-master deliveries, we handle it all with precision and care. Our dedicated team remains on standby, ensuring prompt responses and solutions tailored to each vessel’s unique needs. With Balancia overseeing your Husbandry needs, rest assured your vessel is in expert hands.
What Is Cash To Master ?
Cash to Master (CTM) is a crucial financial service provided to ships while they are in port. It involves delivering funds directly to the ship’s master or captain to cover various petty cash expenses during the vessel’s stay in the port. The amount of cash transferred depends on the ship’s needs and the duration of the port stay. CTM services are typically availed to facilitate payments for provisions, minor repairs, crew welfare, port fees, and other miscellaneous expenses.
The Benefits of Cash To Master
In summary, Cash to Master services play a vital role in providing financial support to ships during their port stays. It ensures the smooth functioning of vessel operations and crew welfare while adhering to financial regulations and security measures.
We Always Focus On Effectiveness And Eficiency
We’re very adaptive for changes and suggestions. Contact us if you need tailored service. For default these are our Service Process
Anticipate cash needs and plan the amount required for each port visit in advance.
Secure and Reliable
Use trusted and secure channels for cash delivery to the ship’s master.
Ensure seamless communication between ship management, port agents, and the ship’s master regarding the cash requirements.
Maintain accurate records and documentation for all cash to master transactions to ensure transparency and accountability.
Tailor the cash amount based on the specific needs of the port visit to avoid excess or insufficient funds.
Conduct timely reconciliation of expenses to manage cash flow effectively and avoid discrepancies.