How do payments work for an Italy yacht charter?

John Boullin
Yacht charter broker, DMA Yachting

Italy yacht charter payments are normally made by bank transfer according to the payment schedule in the charter agreement.

For high-end Mediterranean charters, the first payment is due when the contract is signed. The final balance, VAT, APA, and any agreed extras are due before embarkation, on the date stated in the contract.

We recommend sending funds only through the official payment instructions provided in the signed charter paperwork. For security and compliance, payments should come from an account connected to the charterer. Credit cards, PayPal, Zelle, and cash apps are not standard for luxury yacht charter payments.