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International Bank Account

The Seafarer Bank Account 

A Seafarers Bank Account is a specialized account designed for individuals who work on yachts. Standard Bank offers a comprehensive Seafarers Bank Account that provides easy access to your funds while you are at sea or on land. 

About The Seafarer Bank Account

The Seafarer Bank Account by Standard Bank is a current account designed specifically for yacht crew and other seafarers. It offers a number of features that are designed to make banking easier for people who are working on yachts or other vessels, such as: 

  • A low monthly fee.

  • Free electronic payments.

  • Free withdrawals at Standard Bank ATMs in South Africa and around the world.

  • A dedicated relationship manager who can help you with your banking needs.

  • Access to a range of other banking products and services, such as loans and credit cards. 

To qualify for the Seafarer Bank Account, you must be a yacht crew member or other seafarer who is working on a vessel that is registered in South Africa. You must also have a valid passport and a visa that allows you to work in South Africa. 

You can apply for the Seafarer Bank Account online or at any Standard Bank branch. 

Your Guide to an International Bank Account

International bank account guide downloadable PDF

A yacht deckhand working on the deck thinking about the Seafarer bank account
Seafarer bank account

Some of The Benefits of The Seafarer Bank Account

     

     

    Low monthly fee

    The monthly fee for the Seafarer Bank Account is R50. This is significantly lower than the monthly fees for other current accounts. 

    Free electronic payments

    You can make free electronic payments from your Seafarer Bank Account to other Standard Bank accounts in South Africa and around the world. 

    Free withdrawals at Standard Bank ATMs

    You can make free withdrawals at Standard Bank ATMs in South Africa and around the world. This can save you a lot of money on ATM fees. 

    Dedicated relationship manager

    You will be assigned a dedicated relationship manager who can help you with your banking needs. This can be helpful if you have any questions or problems with your account. 

    Access to a range of other banking products and services

    In addition to the Seafarer Bank Account, you can also access a range of other banking products and services from Standard Bank, such as loans and credit cards. 

     

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