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Bureaux offer associations discounted financial products

BestCities Global Alliance, the network international convention bureaux, has launched a range of client financial products to woo their international association meeting clients.

The alliance has signed a three-year partnership with payment company, Meeting Escrow, to offer customers discounted secure payment, foreign currency protection, and VAT reclaim services.

The benefits include:

  • Foreign currency budget protection: opening a foreign currency trust account to lock in today’s exchange rate so clients have zero exposure to future rate increases when their event takes place in their selected BestCities destination
  • VAT reclaim process: co-ordinating claims, paperwork and compliance on behalf of clients to ensure an effortless process and to maintain a single point of contact for the event planner
  • Preferred pricing: BestCities’ clients that sign on with Meeting Escrow will receive a 50% discount on their annual fees for the first 3 years, a savings that is exclusive to the Alliance

Paul Vallee, managing director at BestCities Global Alliance, said: “BestCities is always looking for ways to expand our offerings and bring new benefits and solutions to the table for our clients.”

“This important partnership with Meeting Escrow provides tangible benefits to clients by providing solutions to common financial issues that associations face when meeting around the world.”

“Meeting Escrow is a company that we are pleased to partner. They support the Incredible Impacts programme we run with ICCA that recognises associations with $7,500 grants for legacies.”

Grant Snider, president and CEO at Meeting Escrow, said: “We are a proud supporter of the BestCities and ICCA Incredible Impacts programme. This new partnership will deepen our collaborative efforts to bring additional value to clients.”