ABTOT Membership is open to Travel Organisers who are based outside the UK and sell to UK consumers and therefore need to comply with the UK Package Travel Regulations.
ABTOT is an approved body and we ensure that our Members’ financial protection is at an adequate level to meet insolvency requirements, whether they have a Bond, Financial Failure Insurance or an ATOL under the ABTOT ATOL Franchise.
The first step for applicants is to contact the Business Development Team who will be able to assess if you meet our initial criteria. Applicants need to be:
- A small to medium sized Travel Organiser.
- The Principal in the contract (travel organiser or linked travel arranger). We do not provide retail bonds.
- Able to demonstrate that they have or can have £10k paid up share capital.
- Able to meet the initial financial criteria.
Travel Bonds are typically the most cost-effective form of financial protection and require less time spent on administration, requiring only quarterly declarations and an annual renewal. Every Travel Bond has to be accompanied by ABTOT’s shortfall policy:
The Shortfall policy provides a second layer of protection in case the value of Travel Bonds held by the ABTOT Member turns out to be insufficient in the event of a failure.
Financial Failure Insurance (FFI) can be useful for start-up travel companies or emerging companies:
ABTOT ATOL Franchise
Membership is a condition of the ABTOT ATOL Franchise and an ABTOT bond will be needed for your non-licensable (non-flight) bookings as well as one for your licensable (flight inclusive) ATOL bookings.
If you apply for the ATOL Franchise:
Contact the ABTOT TeamEmail the team Call the team on 0207 065 5313
Request Call Back