In a move which would bring huge respite to the Travel Agents, IATA BSP has deferred the “Weekly Settlement” plan till 31st Oct. 2012".
TAAI & TAFI have received a official communication from IATA BSP confirming the same.
This also means, until the date when weekly remittance is implemented the fortnightly remittance calendar that existed prior to 01 June 2012 (distinct for Domestic and International) will continue until the end of October 2012.
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