Advance Provisioning Allowance (APA)
The Advance Provisioning Allowance (APA) is due at the time of the final charter payment. Under MYBA Terms, this sum is usually equivalent to 25% of the total charter fee, but may be 30% in some cases. Intended to cover the operating expenses of a charter such as, fuel, food, drinks, port fees, and ad hoc incidentals, these funds will be given to the captain before the start of your charter. He will ensure that your yacht is fully fueled and provisioned when you step on board.