Back to what we do

Trust and escrow accounts

Travel trust & escrow accounts are an important part of the travel sector, and key stakeholders are now relying on them. Find out how we can help.

The importance of trust

Trust and escrow accounts are an important part of the consumer protection landscape. These days it’s common for regulators, insurers, merchant acquirers and other stakeholders to insist on them.

Even customers are becoming more aware, thanks to several high-profile travel businesses pushing their virtues heavily in their marketing material.

Considering your options

The term “trust account” is often used to describe a whole spectrum of different arrangements. Understanding which one suits your business needs careful consideration, and setting up a trust account or escrow account for your travel business can be very complicated.

There’s lots to think about, and financial, commercial, regulatory, legal, accounting and tax issues to bear in mind.

Certainly not something to rush into!

Put your trust in us 

At TTC, we have years of experience setting up and operating trust and escrow accounts and we’d be delighted to help you understand, model and implement one for your travel business.

Our team’s knowledge and experience will ensure any complexities are identified early and a suitable approach is taken to ensure the most appropriate structure is achieved. We can:

  • Guide you on the pros and cons of different trust or escrow account structures available.

  • Advise you on the setup and running process for each.

  • Help your finance team to build a suitable financial model to illustrate the cash flow impact.

  • Assist with initial set up of trust or escrow infrastructure, such as opening bank accounts and drafting trust deed documents.

  • Help you identify a suitable trust or escrow service provider.

  • Support with negotiating the trust or escrow structure and detailed terms with the CAA.

What clients think of our regulatory work

We’ve worked with a wide range of clients over the years, from household names to brand new start-ups.

Here are what some of them had to say about our regulatory services.

Latest regulatory work

When we achieve results for our clients, we like to celebrate them. Here are some success stories we are pleased to have been a part of.

See all of our work
Simon Brodie
With over ten years as an ATOL Analyst for the CAA’s Consumer Protection Group under his belt, Simon brought a wealth of travel experience to TTC when he joined in 2012.
Contact Simon
With over ten years as an ATOL Analyst for the CAA’s Consumer Protection Group under his belt, Simon brought a wealth of travel experience to TTC when he joined in 2012.

Latest regulatory news & insights