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BinnaclePay

Seafarer payroll for flag-of-convenience vessels — because nobody should wait 6 months to get paid at sea.

BinnaclePay handles multi-currency wage disbursement, allotment payments, and tax withholding for merchant marine crews operating under open registries. It knows the difference between Panamanian and Liberian flag requirements and doesn't pretend international seafarer taxation is simple. Ship managers finally stop manually reconciling ITF wage scales against whatever spreadsheet the crewing agent emailed last quarter.

Features

  • Multi-currency disbursement across 47 supported currencies with real-time FX settlement
  • Allotment routing to 190+ countries via correspondent banking relationships
  • ITF wage scale enforcement with automatic variance flagging against collective bargaining agreements
  • Full flag-state compliance profiles for Panama, Liberia, Marshall Islands, Bahamas, and Cyprus — updated when regulations change, not when someone remembers to
  • Integrates directly with crew management systems so the crewing agent's spreadsheet becomes someone else's problem

Supported Integrations

SERTICA, Shipmate Crew, CrewInspector, Stripe Treasury, Wise Business, SWIFT gpi, MarineHR, OceanPayroll API, ITF IndustriALL Portal, VesselBase, FlagSync, XchangeRate Pro

Architecture

BinnaclePay is built as a set of focused microservices — disbursement, compliance, FX, and reporting — communicating over an internal event bus with full audit trails at every hop. MongoDB handles the transactional wage ledger because the document model maps cleanly to the per-voyage pay period structure and I'm not apologizing for that. Redis handles long-term compliance record archival since flag states want seven years of crew payment history and Redis keeps it fast. Each service deploys independently; a bad FX rate feed does not take down payroll.

Status

🟢 Production. Actively maintained.

License

Proprietary. All rights reserved.

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