IATA BSP defers the 'Weekly Settlement' plan till October 2012

The Travel Agents now have five months to educate the corporate clients and take corrective measures for a healthier trade practice for the fraternity

Travel News
Travel News

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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