Why does nobody in yachting accept credit cards?

Martina Asmus
Owner, Charter Broker, Active CYBA Member, IYBA, ECPY, DMA Yachting

Because the sums are too large for card processing to make sense, so charters are paid by bank transfer.

A week in the Grenadines commonly runs between US$25,000 and US$94,000. Card fees on that are thousands of dollars, and the owner would simply add them to your price. Transfers also give both sides a clean record of what was paid and when.

You pay in two steps, a deposit on signing and the balance about six weeks out, into the account named in your agreement. We walk you through it and confirm receipt at each stage.