Based on the crew information and the employment contracts which we will hold on our records for each Crew Member, we will prepare, on a monthly basis, a payroll funding request which is then sent to the Aircraft Owner/Operator. The funds for which will be paid into a dedicated, Maltese established aircraft bank account, which is opened when they become a client.
Upon funds being received we will ensure that payment to each individual Crew Member is made in a timely manner and a payslip is distributed. Salaries will be paid via SWIFT transfer to each Crew Member’s personal bank account.
Leveraging our close banking relationships, we can also offer the option of crew salary payments being split between multiple bank accounts. The Crew Member may also opt to have a portion of their monthly salary loaded directly onto a multi-currency prepaid card, which we are able to offer with our partner, a leading London based e-money institute.
Through our e-money partner, a Crew Member may receive their contractual salary in an alternative currency at a commercial exchange rate, rather than standard high street rates, thereby reducing FX losses.
On a monthly basis we will invoice the Aircraft Owner/Operator for our administrative fees. To this end, we ensure that our fees and all salary payments remain separate so that there is complete visibility and control over costs.