Cases
Freight for a shipping line: funds with the supplier the next day
MaritimeFreightBetter rate
A shipping line was paying freight for its own vessel and had tried many payment agents before coming to us.
The problem
- The client had tried a large number of payment agents
- None offered both a good rate and fast payment delivery
- Freight payment delays are critical for a line's operations
What we did
- Offered a favourable rate on the freight payment
- Ensured fast crediting to the supplier
- Ran the payment under the shipping line's contract
The result
- The money was with the supplier the day after the client paid us
- The rate beat what other agents offered
- The payment went through with no delays
- The client now works only with us
Takeaway
When both rate and speed matter, we deliver on both at once — which is why the shipping line now settles only through EAST PAY.