Bedbookers.com provides total financial protection to both the consumer and the principal supplier on all bookings purchased through Bedbookers.com.
Our unique financial protection scheme fully complies with the Department of Trade & Industry Regulations, the EEC Package Tour Regulations and is endorsed and operated through Barclays Bank PLC.
Forget about ABTA & ATOL - Our Bedbookers Travel Protection Plan is one of the only schemes to provide you with 100% financial protection – and that’s a fact.
How can you guarantee that my funds and my bookings are financially protected?
Bedbookers.com operates a trust account. This is an independent bank account to which an independent third party has been appointed as Trustee by Barclays Bank PLC.
Both Bedbookers.com and the appointed independent trustee’s have undergone vigorous checks by Barclays Bank PLC. Barclays Bank PLC only appoints Trustee’s who are Chartered or Certified Accountants, Solicitor or Bankers.
What happens to my money?
When you make a purchase through Bedbookers.com all your funds are placed into the Bedbookers Trust Account. This account is operated and administered by Barclays Bank PLC and overseen by the appointed trustee.
Your funds stay in the Bedbookers Trust Account until you have:
Received and completed the travel services that you have purchased through Bedbookers.com or cancelled your service and are eligible for a refund of monies subject to our terms and conditions of booking.
Won’t the supplier cancel my booking if they’ve not been paid before I arrive?
Certainly not! All our suppliers know that when they receive a booking from Bedbookers.com that payment is guaranteed as all monies are placed in the Bedbookers Trust Account and are protected by the Bedbookers Travel Protection Plan.
Once you have completed your travel service our supplier will request payment for the services that they have provided to you as per your booking confirmation. It is only then that your funds are released to the service provider on the agreement of Bedbookers.com, Barclays Bank PLC and the appointed trustee.
What happens if the supplier ceases to trade?
If a supplier cannot meet its contractual obligations to you and has ceased to trade traditional bonding schemes require you to pay again for an alternative travel service and submit a claim for reimbursement which can be painstaking process.
The Bedbookers Travel Protection Plan safeguards against this practice as all your funds are held in the trust account until completion of service. This means that if a supplier ceases to trade then your funds are readily available to secure alternative travel services with an alternative supplier without having to pay again.
What’s the catch?
There’s isn’t one! The Bedbookers Travel Protection Plan is a legal and binding entity between Bedbookers.com, Barclays Bank PLC and an appointed independent trustee. The independent trustee and Barclays Bank PLC have the legal power to administrate both the Trust Account and the Bedbookers Travel Protection Plan in the event of default. This arrangement legally safeguards both consumer and supplier funds.