How we work
The Travel Bond Set-Up Process
As ABTOT is an approved body (approved by the Department for Business and Trade) we oversee the travel bond process which enables ABTOT Members to speak directly to us about their bonding requirements.
First Step
The first step is to have a call with the Business Development Team who will be able to assess if you meet our criteria, Applicants need to be:
- a small to medium sized travel organiser
- a principal/ (travel organiser) or Linked Travel Arranger. We do not provide retail travel bonds
- able to demonstrate that they have or can have £10k paid up share capital
- able to meet the initial financial criteria
Second Step
When you have passed the first step you will be asked to provide supporting financial information for us to complete a financial assessment. When we are able to offer terms, we will confirm a cost indication and include any conditions that are required for your Membership.
Third Step
Once you have accepted the cost indication, you will need to complete the online application form and pay the application fee. We will complete the Membership process and forward an offer of Membership as well as a quote for the travel bond premium, once we have received the completed application form and the application fee.
Contact the ABTOT Team
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