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Financial Protection
Financial Protection
For the financial protection of customers Apartments Abroad Limited/Resort
Taxis operates
a Client Account.
Client monies received for a combination of travel arrangements defined as a
package by the EC Package Travel, Package Holidays and Package Tours Regulations
1992 are held in a separate, specifically designated Client Account at the Natwest
Bank plc. This account is administered by independent trustees and monies are
only released to Apartments Abroad/Resort Taxis in the circumstances specified in paragraph
20 (4) of the above mentioned regulations.
In the case of all other travel arrangements monies pre paid by clients are
held in the Client Account until the service has been provided.
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