ie:music and Robbie Williams Team up With Centtrip Music

27 March 2017 - Press release

Centtrip Music, a bespoke division of the multi-award winning company Centtrip, has created a Global Currency Account and prepaid Mastercard® that allows live touring parties to manage finances and enjoy considerable savings. The account specialises in providing foreign exchange (FX), payments and expense management to the music industry

The Centtrip prepaid Mastercard holds 14 currencies simultaneously and is accepted worldwide. In conjunction with the account, it provides users access to the live market rates, significantly lower than the high-street banks, brokers or other bureau de change outlets.

Centtrip Music already works with many of the world’s biggest artists and is recognised as a leading provider of FX support and banking solutions to the music industry. Centtrip Music allows road managers, crew and all other personnel involved in large scale, multi-territory touring activity to avoid unnecessary foreign exchange fees and to pay all costs in local currency.

Centtrip Music has announced a partnership with international artist management company ie:music ltd, which will see the entire crew for their client Robbie Williams’ forthcoming six month international tour using the Centtrip prepaid Mastercard card.

ie:music and Robbie Williams already use the Centtrip Music Global Currency Account and this new initiative will see over 100 cards issued to the members of the Robbie Williams touring party, which will be utilised to pay for everything from hotels, travel, crew per diems and much more. The cards will be pre-loaded with local currency avoiding FX costs and simplifying accounting procedures. Currency can be loaded onto cards online or via the bespoke Centtrip app, which can also be used to view all transactions and fees in a fully transparent dashboard linked to the clients Global Currency Account.

Tony North, co-founder and co-CEO of Centtrip said, “Centtrip Music was launched to provide FX services and payment solutions for the music industry. We are aware that major artists who tour internationally are often incurring unnecessary fees for their FX transactions, whether it is from payments they make on credit cards issued by the high-street banks or from converting their tour earnings back into their local currency. The Centtrip Music prepaid Mastercard and Global Currency Account gives artists and their representatives access to the live currency market, levies a fraction of the fees charged by other institutions and provides an easy-to-use secure online portal and elegant app from which they can buy currency, transfer funds and see exactly what charges they have incurred in real time. Tim Clark and his team at ie:music have been instrumental in helping us design a solution that works for the international live music sector .”

Tim Clark, Founder and Managing Director of ie:music said, “Unfair FX charges and rates have been a bugbear of ours for a long time and Centtrip Music have delivered something that the music industry really needs. We operate in a global marketplace and need to be able to switch between currencies and transfer our earnings without incurring ridiculous fees. The forthcoming Robbie Williams tour, which takes in numerous territories over a six-month period, provides the ideal opportunity to prove the effectiveness of this new initiative.”