The E-Wallet and card enable you to get funds to family, friends, and shipmates faster and cheaper when you’re offshore or onshore.
The MarTrust E-Wallet and card are available to all crew.
When activating your E-Wallet, make sure to check your junk folder and Add @MarTrust.com to the list of trusted domains.
Use the E-Wallet app to transfer money to your family and friends in an emergency – no need to visit a bank or exchange house!
Use your MarTrust pre-paid Mastercard® to pay for groceries or other shopping when. Simply load the card with currency, or withdraw cash at an ATM.
In just 3 clicks, set up 100% of your salary to be automatically sent home.
|How much does it cost?|
|Receive funds onto the MarTrust E-Wallet||Free|
|First 2 bank transfers following each payroll (Charge code OUR)||First and second free each month, paid for by Burgess|
|Additional bank transfers, after 2 free (Charges Code SHA)||€11.00 EUR or $12.00 USD|
|MarTrust E-Wallet to E-Wallet transfer||Free|
|MarTrust E–Wallet to Local Visa or Mastercard (USD to UAH)||$6.00|
|MarTrust E–Wallet to Local UnionPay Card (USD to CNY)||$6.00|
|ATM withdrawal international||First and second free each month, paid for by Burgess|
|ATM withdrawal international (any further transfers)||€2.50 EUR or $3.00 USD|
|ATM PIN change||Free|
|POS (Point of sale) Transactions|
|Online PIN Retrieval||Free|
|Online Block/ Unblock card||Free|
|Online view balance||Free|
|FX Margins (Fees)|
|FX margin for currency purchase within E-Wallet
(USD, EUR, GBP, DKK, NOK, SEK, PLN & ZAR)
|1% above interbank|
|FX margin for wire payments||1% above interbank|
|FX on E-Wallet to Local Visa or Mastercard (USD to UAH)||2% above interbank|
|FX on E-Wallet to Local UnionPay Card (USD to CNY)||2% above interbank|
|Usage and Limits||EUR USD|
|Maximum MarTrust E-Wallet Balance||Unlimited||Unlimited|
|Maximum Prepaid Mastercard® Balance||€ 115,000.00||$140,000.00|
|Maximum Prepaid Mastercard® Load Per Day||€ 5,000.00||$5,500.00|
|Maximum POS transaction amount or Daily Spend||€ 5,000.00||$5,500.00|
|ATM Withdrawal Limit per time||€ 750.00||$900.00|
|ATM Withdrawal Limit per day||€ 1,100.00||$1,300.00|
Burgess will now send your salary to your MarTrust E-Wallet, which provides you with increased flexibility. However, if you would prefer to continue receiving your salary in your nominated bank account, then you can set up a Salary Disbursement within your MarTrust E-Wallet in just a few easy steps:
1.add the bank account details for your nominated account
2.add the percentage of your salary you wish to be automatically sent to this nominated account; and
As soon as your salary has been deposited in your MarTrust E-Wallet, any percentage that you have set up as a Salary Disbursement will be automatically sent to your nominated bank account, by urgent bank transfer. Once set up, this will continue when you receive future salary payments unless you choose to change this at a later date. You can therefore still receive any percentage of your salary into your nominated bank account, at no cost to you.
This can vary depending on the currency and country that the payment is sent to, but all MarTrust bank transfers are processed as urgent wires. Urgent wires can be received on the same day sent, although in most instances they would take up to 2 days to be received, with some countries and currencies taking up to 7 days.
Please note that there are cases where the payment may be stopped by correspondent banks for additional compliance checks, which sits outside of MarTrust’s control and can create delays to the settlement of the funds to the beneficiary account. This would not be any different from the existing process you have today, however, since all bank payments need to go through the same process.
Most employers pay for the first transfer home following payroll, however, Burgess have chosen to provide you with 2 free transfers. Please note, that if you do not use the free transfers offered before their next payroll is made, you will forfeit the free transfer.
The requirement for an IBAN is typically only relevant for EUR payments, where any bank offering an “overseas” EUR account would normally always provide an IBAN. Please set up the payee in the currency in which the account is held, e.g., Nepalese Rupee, Philippine Peso or Indian Rupee, and you will not be required to provide an IBAN. You will instead be asked to provide the information that is relevant to send the currency to their home country, e.g., in addition to an account number, an IFSC code is required for Indian Rupee payments into India
All payments sent will show as coming from MarTrust E-Wallet. MarTrust processes tens of thousands of payments every month, on behalf of crew from all over the world. Global Banks are aware that MarTrust is a maritime only payment provider who specialises in crew payroll payments, that we are a UK FCA regulated entity who works exclusively with Citibank, that all funds are screened at source to adhere to regulations that any payment from this account is clearly to do with payroll for one of our corporate customers.
In the rare cases where a beneficiary bank requests further information, the crew member can simply provide a copy of their payslip to prove this is a salary payment and the funds are always released. Furthermore, MarTrust can send communications to any bank involved to provide additional supporting evidence/confirmation in case anything is required.
Both the MarTrust Salary on Demand and Cash Collection features will not be available to Burgess Crew initially, but this may be something that is added later, subject to demand and agreement with Burgess.
For further information and in case you still have any questions, please contact us at [email protected]t.com
It is your personal MarTrust E-Wallet account based in Europe which you can access from anywhere and at any time even when you are on leave from the vessel.
The MarTrust E-Wallet empowers crew to choose how they receive, send and spend their salary, providing you with multiple benefits. It also enables Burgess to digitise payment transactions and reduce the administrative burden of making such payments. The MarTrust E-Wallet also enables Burgess to ensure you have access to your funds quickly and with less hassle.
Your MarTrust E-Wallet account is personal and belongs entirely to you. Burgess does not have any control or access to your MarTrust E-Wallet account.
Upon enrolment at MarTrust, you will be provided with a MarTrust E-Wallet account which you can access via the MarTrust E-Wallet App. You will also be provided with a prepaid Mastercard®, which you can top up with funds from your MarTrust E-Wallet account and use as you would with normal a debit card. In addition, you can perform ATM withdrawals and online payments using this prepaid Mastercard®.
The benefits are:
Once you have received your MarTrust E-Wallet welcome email you can follow the simple steps to download the MarTrust E-Wallet App and sign in using the credentials provided to you to activate your MarTrust E-Wallet account. You will then be ready to receive and use your funds. Shortly afterwards you will receive a physical prepaid Mastercard®.
Yes, MarTrust Corporation Limited is registered in England and Wales (Company No. 07498933). MarTrust is an Authorised Payment Institution (API) regulated by the UK Financial Conduct Authority (FRN 794752) under the Payment Services Regulations 2017. Its registered company address is Office 7.09, 7th Floor, Tintagel House, 92 Albert Embankment, London, SE1 7TY, United Kingdom.
MarTrust works with PFS Card Services (Ireland) Limited, a company registered in Ireland with its registered office address at Front Office, Scurlockstown Business Park, Trim, Co. Meath, C15 K2R9, Ireland (with company registration number 590062, authorised and regulated as an e-money issuer by the Central Bank of Ireland registration number C175999). PCSIL are the issuers of the prepaid Mastercard® linked to the MarTrust E-Wallet.
MarTrust, as a regulated entity, must comply with all relevant laws, regulations and regulatory guidance and is subject to regulatory reporting, regular external reviews by independent auditors and regulators to ensure all relevant laws, regulations, regulatory guidance and expectations are adhered to. MarTrust is not a bank, however, MarTrust is an authorised payment institution and as such it specialises in processing payments on behalf of its customers. MarTrust is the largest maritime payment provider, processing USD12 billion annually and holding USD80-100 million overnight for 450 Maritime companies.
When opening your MarTrust E-Wallet, you will be allocated a unique MarTrust ID. This will have been communicated to you in your welcome letter/email and is the ID that will allow Burgess to process your payroll into the correct account.
Your MarTrust ID will remain the same even if you move to another employer.
Your Cardholder ID can be found on the reverse of your Mastercard®. This is the ID that you share with Customer Services to identify your prepaid Mastercard® account. Do not share the 16 digit number on the front of your prepaid Mastercard® with anyone.
The funds are held in the European Union with a top 20 global bank.
Once Burgess approves the transfer in their MarTrust E-Wallet account, the funds should be visible in your MarTrust E-Wallet account within a few moments.
To view the full list of FAQs, please click here
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