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Agents welcome Abta decision to soften stance on trust accounts

Atol
James Chapple
29 November 2021

Abta has confirmed it is taking steps to open up membership to businesses and agents that choose to protect customers’ and clients’ cash using trust accounts, a move welcomed by agent campaign group Target.

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The association’s board has agreed to open discussions with "potentially suitable" trust account providers to make membership more inclusive and to give members more financial protection options.


While it has not yet disclosed the exact criteria for this suitability, Abta will require confirmation that any trust arrangements undertaken by tour operators meeting the requirements of the Package Travel Regulations.

Trust issues: navigating the thorny issue of Atol reform – read more