The implementation of formal trust and escrow accounts can be a lengthy and complex process, with there being several important aspects for travel businesses to consider. This includes understanding the financial implications to your business, the practicalities of maintaining these types of accounts, selecting an appropriate trust/escrow account provider and your business system needs.
TIC has helped many travel businesses implement both trust and escrow account arrangements and we would we happy to provide you with our specialist services in this area, from providing tailored advice on the trust or escrow options available to your business, to maintaining these types of arrangements on your behalf as an approved intermediary.