Maritime payment corridors · Europe ↔ LATAM ↔ Africa

Maritime trade is global.
Maritime banking is not.

BunkerPay coordinates a corridor network that connects Europe, Latin America and Africa — allowing maritime customers to fund in EUR, USD, USDC or USDT and pay counterparties via SEPA, SWIFT or supported local payment rails, all delivered by regulated partner institutions.

The route every payment takes is determined by what the operation requires. The underlying infrastructure — provided by our partners — stays regulated, traceable and consistent across every corridor.

Operating with infrastructure provided by FCA-authorised partners in the UK and Banco de España-authorised partners in the EU. Client funds held in safeguarding accounts at regulated partner institutions.
Corridor flow
01
Fund
EUR · USD · USDC · USDT
02
Convert and hold
FX · multi-currency IBAN · stablecoin conversion (via partners)
03
Route
SEPA · SWIFT · Local rails
04
Counterparty receives
Standard transfer · their currency
The corridor thesis

Maritime trade is global.
Maritime banking is not.

A vessel can change jurisdictions faster than a payment can clear. A ship manager in São Paulo paying a shipyard in Algeciras moves cargo across an ocean in twenty days; the wire transfer to settle the shipyard invoice can take longer to arrive than the ship took to cross.

In Latin America and Africa, operators face restricted access to USD and EUR banking, narrowing correspondent banking corridors, and FX execution that bears little relationship to interbank markets. In Europe, maritime companies face the inverse problem when paying counterparties — banking infrastructure that European correspondent banks have moved away from. BunkerPay connects customers to regulated partners able to handle these corridors, and orchestrates the route end to end.

Europe ↔ LATAM corridor
Europe ↔ Africa corridor
LATAM ↔ Africa corridor
"Europe, LATAM and Asia Africa run on different rails. BunkerPay connects customers to the regulated partners who run them — and orchestrates the route across all three."
Two-way corridor

The corridor runs in both directions.

Inbound to Europe from LATAM and Africa. Outbound from Europe to LATAM and Africa. The same regulated infrastructure, the same settlement standards, applied in both directions of the maritime payment.

Column A · Inbound corridor
LATAM & Africa → Europe
Customers fund with USDC, USDT, USD, EUR or local currency. Stablecoin conversion is delivered by a Bulgarian-FSC-registered Virtual Asset Service Provider partner. Funds are then held in a multi-currency IBAN issued in the customer's name by an FCA-authorised UK Payment Institution partner, and settled via SEPA or SWIFT to European maritime counterparties — who receive a standard bank transfer in their currency.
  • European shipyards for dry dock and repairs
  • Bunker suppliers in Europe
  • Technical managers and ISM
  • Maritime insurers and P&I clubs
  • Port agents and disbursement accounts
  • Ship chandlers and provisioning
Column B · Outbound corridor
Europe → LATAM & Africa
Spanish and European maritime customers access competitive EUR/USD FX through our regulated partner network — FCA-authorised UK partners for sterling and dollar corridors, Banco de España-authorised partners for EUR corridors and EU-onboarded customers — acquire USDC or USDT through our Bulgarian-FSC-registered VASP partner, and use supported local rails for in-country settlement in LATAM and Africa via partners holding the appropriate local authorisation.
  • Local port agents in country
  • Repair teams and dry dock providers
  • Emergency vessel expenses
  • Local-currency disbursement accounts
  • Maritime suppliers and chandlers
  • Port authority and harbour fees
How it works

Five steps. One corridor route.

Every BunkerPay-orchestrated payment follows the same regulated route — from funding instruction to counterparty settlement — using infrastructure provided by our regulated partners, regardless of which corridor it crosses.

Payment anatomy diagram A horizontal pipeline showing how a single payment moves through five regulated stages: funding, conversion, virtual IBAN custody, rail routing, and counterparty settlement. ASSET LAYER RAIL LAYER 01 · FUND Funding EUR · USD · USDC · USDT 02 · CONVERT Conversion FX · stablecoin ↔ fiat 03 · HOLD Multi-currency IBAN via FCA-authorised partner SAFEGUARDING ACCOUNTS 04 · ROUTE Rail selection SEPA · SWIFT · local 05 · SETTLE Counterparty in their currency Operator instruction Interbank rate Regulated custody Destination-driven Standard transfer FCA-authorised partners (UK) · Banco de España-authorised partners (EU)
01
Fund in fiat or stablecoin
EUR, USD, USDC or USDT through compliant onboarding.
02
Convert through BunkerPay
FX, stablecoin to fiat or fiat to stablecoin. Rates confirmed before execution.
03
Hold in multi-currency IBAN
Customer-name IBAN issued by our FCA-authorised UK partner, with client funds held in regulated safeguarding accounts.
04
Route through the required rail
SEPA, SWIFT or supported local rails — whichever the destination requires.
05
Counterparty receives standard transfer
In their currency, on the rails they already use. No change to their workflow.
Payment route assessment

Every maritime payment has an optimal route.

The optimal route depends on where the payment originates, where it needs to land, what currency or asset funds the transaction, and what the counterparty's bank accepts. Our team performs payment route assessments for new client engagements — without obligation, before any account is opened.

01
Origin
Where the payment is funded — fiat treasury, stablecoin balance, or local currency.
02
Destination
Where the funds need to arrive — region, banking, currency of the counterparty.
03
Asset class
EUR, USD, GBP, USDC, USDT or local currency — what funds the transaction.
04
Rail
SEPA, SWIFT or local rail — what the counterparty's bank accepts.
Without obligation · Before any account is opened
BunkerPay orchestrates; partners deliver the regulated FX, stablecoin conversion, and payment services. FCA-authorised partners · UK · Banco de España-authorised partners · EU · Bulgarian FSC-registered VASP partner · Client funds in safeguarding accounts at regulated partner institutions.