Payments

Payments

After the charter of the Vessel has been agreed, which will be effective in writing only, the payments are to be done according to amounts, dynamics and instructions stated in the Pro-forma Invoice and accompanying documentation which IC has sent to Client.

In most cases payment is due:

  • 1st Installment upon booking confirmation
  • 2nd Installment 30 days before departure

Where payments are paid, we always pass appropriate sum directly to the supplier. We collect the funds for and on behalf of the operator and carry out no due diligence on your behalf.

The standard payment method is by bank transfer direct to the IC Account. Client accepts to pay full costs of the bank transfer charges. If IC is charged bank transfer fees, it will be considered that the payment is not fully settled, and Client will need to settle the remaining amount. Exceptionally, IC may allow other methods of payment, but in such cases Client could be charged costs or/and fees connected with those payment methods, which shall be stated in the Pro-forma invoice and Client agrees to them if choosing those payment methods. The Vessel can be taken over only after the complete amount for yacht charter and all contracted extra services has been fully settled. If either advance payment or balance payment has not been fully settled until above stated deadlines, IC or Operator shall be entitled to cancel the booking without any refunds to the Client. Once payment has been received, you will receive an acknowledgement on your client page and/or by email. This is always subject to confirmation by the financial institutions involved in the transaction. Once this transaction is complete, all details of the service will be provided, including but not limited to, instructions, guides, addresses, and contracts as required. Where payments are made in a different currency to the one which your holiday is quoted in, exchange rates apply. Second payments may move up or down as a result of fluctuating exchange rates. Delayed payments can lead to significant changes in pricing in your local currency.

Prices

The price for boat charter shall include the following: The Vessel equipped according to the presently effective inventory-list, such as auxiliary boat with oars, gas, as well as usual charter base services at the time of Vessel's delivery (check in/check out).

Boat charter price shall typically not include additional services such as, but not limited to: food and beverages, fuel, costs for marina services and moorings, harbour dues, taxes, entrance tickets to parks, additional services. Yacht charter price usually includes VAT valid at the time of booking confirmation, however should the relevant VAT rate be increased by law prior to beginning of charter, IC reserves the right to charge the VAT difference. IC includes large part of its processing services in the offered charter price, however - in particular cases of bookings where IC has high processing costs, a small part of this cost may be charged to the Client as Operative Cost. In such cases, this Operative Cost will be separately stated on the Pro-forma invoice.