Association of Bonded Travel Organisers Trust (ABTOT)
Introduction
ABTOT has introduced an enhanced ATOL Franchise scheme, allowing members and potential members the option of a hybrid solution combining Trust/Escrow and bonds.
This approach mirrors the CAA Trust Deed and CAA Escrow Deed but with ABTOT as the beneficiary.
PTT has chosen to collaborate with ABTOT to manage such arrangements which are aimed at redefining industry standards and building on a robust partnership.
PTT and ABTOT Partnership
PTT’s bespoke software system provides leading edge and AI enabled tailored solutions that manage client data at a granular level, minimising client’s workload, whilst assessing and reporting risk to clients and stakeholders.
With a proven track record and experienced Trust professionals, PTT currently manages over £3bn per annum of Trust Funds for nearly 100 clients.
PTT’s unrivalled knowledge and experience of the complexities of the Travel industry and Travel Trusts enables it to guide clients through the practical aspects of operating Trusts and assist them to comply with their Regulatory and Business obligations.
An entirely independent business, providing trustworthy, seamless and effective Trustee services. We provide in depth advice and ensure the highest quality protection for Consumer Fund.
Benefits of an ABTOT/PTT Hybrid Solution
How It Works
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