National City Bank recently announced it has entered into a Pilot Endorsement Agreement with the National Tour Association to promote the Travel Funds Protection Plan to its members. The agreement was approved by NTA’s Board of Directors at the NTA Tour Operator Spring Meet in Kelowna, British Columbia, earlier this month.
The Travel Funds Protection Plan is a unique escrow program that offers protection for deposited travel funds and provides benefits to tour operators, travel agents, their customers and suppliers of ground transportation. Pre-payments and deposits to providers of travel services are allowed under the plan. It’s the only consumer protection plan endorsed by the National Tour Association and approved by the California Seller of Travel law.
