Welcome to Stonecot Trustees -
your partner in travel industry trust services
We provide secure, professional, reliable trust and escrow services for businesses in the travel industry.
We provide two different types of trust and escrow services:
- Regulatory – for when you need to meet the rules of the Civil Aviation Authority (CAA) and ABTA
- Voluntary – for when you choose to protect customer monies via a trust or escrow account
Click the links below to find out how we can help your travel business.
Trust and escrow accounts for travel businesses
Trust and escrow accounts are one of the forms of financial protection you can use to comply with the various laws and regulations governing the travel sector. Trust accounts can be mandated or voluntary. Regulatory bodies, such as the Civil Aviation Authority (CAA), can insist on trust or escrow accounts being in place, and having one in place is often a condition of your ATOL being granted. Trust and escrow accounts can also trigger in the event of a breach of any specific pre-notified clauses. Our trust and escrow services are divided into two categories: regulatory, where regulators and the legal framework set the terms, and voluntary, where the terms are set by the parties involved. Each can be tailored to meet the specific needs of your business.
We're here to support you
With over 70 years of collective experience in the travel industry, our team is well-equipped to assist you. You can be assured your customer’s money is safeguarded and your business complies with the regulations. Plus, we’ll ensure you’re optimising operational efficiency, maintaining precise accounting, and offering strategic commercial insights.
Stonecot Trustees has your back.