If the company TA does it, then likely the money will go back there.
I was hoping that someone had experience getting it.
I heard back from them this morning and they were handed a form, to complete online. Sadly the form gives me the impression that it will lead to an eMCO and the regs say that is only a choice if the passengers sign an agreement.
3. The compensation referred to in paragraph 1 shall be paid in cash, by electronic bank transfer, bank orders or bank cheques or, with the signed agreement of the passenger, in travel vouchers and/or other services.
QQ