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Special account for customer deposits
All prepaid deposits from customers are held in a separate, special Trust Account. The only payments
made from this account are for payments relating to the tour. Under no circumstances are the funds
disbursed for profit, expense items, or any other expenditures not related to the tour. After the tour
returns any excess money (profit) is tranferred to our General Account.
Insurance To further minimize the financial risk to your organization, Bianco Tours is protected
against liability risks both on and off our coaches. $5,000,000 liabilitiy insurance while on the coaches
and $1,000,000 professional liability insurance while off the coaches.
Bianco tours is an asset intensive entity
There have been a number of Travel Agent failures in the past that exposed many to travel fund
losses. In every case, failures have been by service companies that own very little in the way of
assests. Many lease their buildings, equipment and motorcoaches. At Bianco Tours we own our
building, equipment and our motorcoaches. Although this is not a 100% assurance against
business failure we provide much more security with these assets.
Bank Referrals We have had an excellent
long standing banking partnership with Charter One Bank, contact
information is available upon request.
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